Analysts predict: The SEC may approve multiple encryption ETFs, the summer of altcoin ETFs is coming.

MinerOldCannon · 2025-06-11T06:31:04+00:00

[Golden Finance] Analysts say that the U.S. Securities and Exchange Commission ( SEC ) may begin approving some exchange-traded funds ( ETF ) linked to Crypto Assets as early as next month, thus ushering in a "summer of altcoin ETFs." Bloomberg senior ETF analyst Eric Balchunas posted on social media on Tuesday about his colleague James Seifert.

MinerOldCannon

2025-06-11 06:31:04

Analysts said that the U.S. Securities and Exchange Commission (SEC) likely begin approving the (ETF) of some exchange-traded funds linked to cryptocurrencies as soon as next month, thus opening a “summer of altcoin ETFs”. Eric Balchunas, a senior ETF analyst at Bloomberg, posted a memo from his colleague James Seyffart on social platforms on Tuesday, which mentioned: “ETFs that track broad cryptocurrency indices are likely to receive SEC approval next month.” The memo added that the SEC may also “move early” to process applications for Solana and staking ETFs, with Balchunas saying: “Get ready for a potential altcoin ETF summer, with Solana likely leading the way.” "

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