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
Eight Strategies for Balancing Equity and Bond ETF Holdings
Eight essential strategies for balancing equity and bond ETF holdings.
The Importance of Maintaining a Balanced Investment Portfolio
The Importance of Maintaining a Balanced Investment Portfolio
Apeing Emerges as a 100x Crypto Contender
Apeing's whitelist has become a hot topic among traders, positioning it as a potential 100x crypto opportunity.
FCA Proposes Changes to Boost UK Investment Culture
The FCA has released proposals aimed at enhancing consumer access to investments and addressing issues related to cryptoassets.
Political Reactions to Alina Habba's Disqualification
Political reactions to the disqualification of Alina Habba highlight criticism from Pam Bondi and Todd Blanche regarding the judiciary's decision and emphasize her contributions and support from Donald Trump.
Federal Court Upholds Disqualification of Alina Habba
The federal judiciary and the 3rd Circuit Court of Appeals upheld the disqualification of Alina Habba from her role as interim US Attorney for New Jersey, citing violations of the Federal Vacancies Reform Act.
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