92 Investment Funds associated with encryption in a line to receive SEC approval. star-news.press/wp

There are at least 92 products circulating in the exchange of encryption pending a decision by the US Securities and Stock Exchange Committee.

Solana (SOL) and XRP (XRP) are the most required encryption assets, with eight suspended ETF apps and XRP seven, According to To new data from ETF analyst in Bloomberg Intelligence James Sevart.

Eric Balunas, great ETF analyst in Bloomberg, to publish On April 21, 72 of the traditional investment funds associated with SEC were suspended with SEC, which means that 20 funds of investment funds circulated in the past four months.

Three boxes of suspended investment funds suggest submitting exposure to BTC and Ether (ETH), while the rest targets other altcoins.

The menu also includes 21shares and Grayscale, which seeks to obtain approval for investment funds circulating in the ether. Earlier this month, the Supreme Education Council explained that some liquid liquid activities are outside its jurisdiction.

Meanwhile, Grayscale is looking to convert five of its funds into traded investment funds, which include three public trading boxes and boxes traded from the private sector. The transfer includes money that provides exposure to Litecoin, Solana, Dogecoin, XRP and Avalanche.

“See all ETF encryption files there … What I mean with” Crypto Etf Floodgates is about to open soon. ” He said.

On Monday, bitfinex analysts indicated that Altcoins will not see a wider gathering until more investment funds circulated to approval.

Related to: 21 Shares Files to start SEI ETF, join the race with Canary Capital

Blackrock dominates the category

Global Asset Manager Blackrock currently dominates the Crypto ETF category.

Its Bitcoin Bitcoin Trust ETF (IBIT) has seen a net flow 58.28 billion dollars Since its creation, while its ETHEREUM box, ISHARES ETAREUM TRUST ETF (ETHA) has seen a clear flow of 13.12 billion dollars Since its inception, according to Faris investors.

The Wednesday report indicates that Etha may soon exceed Queens Queens as the largest ETH holder.

Meanwhile, the IBIT box now has more than 3 % of the total Bitcoin supplies.

It is worth noting that Blackrock now earns more fees from its IBIT box more than the pioneering S&P box (IVV), ISHARES CORE S&P 500 ETF, where the IBIT expenses are 0.25 %, while IVV expenses are much lower by 0.03 %.

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