The US market may see more spot crypto ETFs this year, according to Canary CEO Steven McClurg. The proposal stack for ETFs is growing, but the key question is what it will take for them to be approved by the SEC. A litecoin ETF may have a higher chance of approval due to its simpler use case and history, compared to solana (SOL) and XRP. However, the SEC remains cautious about market manipulation and custody risks associated with all crypto ETFs. Meanwhile, the Amplify Transformational Data Sharing ETF (BLOK) celebrates its seventh anniversary, and crypto equity ETFs are still a popular way for advisers to gain exposure to the crypto space. BLOK's top holdings include Galaxy, Robinhood, Core Scientific, Coinbase, and MicroStrategy.
Content Editor ( blockworks.co )
- 2025-01-17
ETP: Exchange-traded patience
