Crypto ETFs Could Boom This Summer: Expert Predicts Big Approvals

The US market experienced a revolution with the recent approval of spot Bitcoin and Ethereum ETFs, opening doors for more major crypto-based financial products on Wall Street. This summer could mark a significant turning point as over 70 applications for similar exchange-traded funds (ETFs) are currently in review by the Securities and Exchange Commission. Prominent ETF expert Eric Balchunas, speaking at Token2019, predicts many of these applications might be approved this year.