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**Get Ready, Analysts Say 10 Altcoins Will Release ETFs This October**
Next October, the crypto market is expected to be flooded with the issuance of Exchange Traded Fund (ETF) Altcoin, if approved by the authorities of the United States (AS). However, Crypto Analyst Dan Gambardello warns that only 10 qualify.
According to him, altcoins that meet minimum requirements, such as having futures trading for six months in markets licensed by the Commodity Futures Trading Commission (CFTC).
Furthermore, the eligible altcoins include Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM), Avalanche (AVAX), Shiba Inu (SHIB), Polkadot (DOT), Solana (SOL), and Cardano (ADA).
This potential arises as the Securities and Exchange Commission (SEC) has approved new rules for ETF products. This regulation relaxes the requirements for digital assets to be traded on the United States exchanges (AS).
_Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR)._
-# Image Source: Crypto Blogs