The head of crypto at CME Group, Giovanni Vicioso, recently discussed how Bitcoin ETFs have influenced the crypto industry by providing legitimacy and prompting wider promotion of Bitcoin by major distribution networks. Investment advisors now focus on educating clients about Bitcoin ETFs. Additionally, conversations about potential altcoins like Ethereum have emerged, with discussions expanding to include smart contracts, DeFi, and web3. Vicioso highlighted the possibilities for future ETFs for 22 altcoins, including Aave, Cardano, and Solana, selected for their potential use cases. However, the launch of such ETFs will hinge on regulatory clarity regarding the classification of these cryptocurrencies as commodities or securities.
Exploring Potential Altcoins for Future Spot ETFs
by Giorgi Kostiuk
2 years ago
0
Other news
Comparing Crypto Credit Lines and Traditional Bank Loans
Crypto credit lines provide faster access to funds and more flexible repayment options compared to traditional bank loans.
Clapp's Innovative Crypto Credit Line
Clapp offers a flexible crypto credit line with low borrowing costs and instant liquidity.
The Rise of Crypto-Backed Borrowing
Crypto holders can now access liquidity using digital assets as collateral, offering an alternative to traditional bank loans.
Transparency and Trust in Crypto Football Betting
Dexsport enhances trust among bettors with a public bet tracking system, allowing real-time visibility of bets and outcomes.
Dexsport: A Leading Web3 Sportsbook for Football Betting
Dexsport, launched in 2022, is a decentralized sportsbook designed for anonymous and fast crypto betting, focusing on football markets.
Strategy's Evolution Sparks Debate on Digital Asset Companies
The transformation of Strategy from a software company to a Bitcoin-centric entity raises questions about the classification of digital asset firms.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter