Crypto ETP Applications Expected to Surge by 25% in the Next Year

The ETF market for cryptocurrencies is seeing rapid growth, with a new report suggesting that applications of Exchange-Traded Products (ETPs) focusing on digital assets are expected to increase substantially. According to recent tweets by Bloomberg ETF analyst Eric Balchunas, there are currently 155 crypto ETP applications tracking over 35 different digital assets. This figure is projected to reach 200 within the next year as more investors seek investment opportunities in this sector.