INSUBCONTINENT EXCLUSIVE:
The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued
pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and James Seyffart.In a
Source: James SeyffartSeyffart noted that the timing of approvals and the launch of spot products remains unclear
He speculated the process could take several months and may extend beyond October.Related: ETF issuers pen letter urging SEC return to
trades under the ticker IBIT, has been the most successful product
In June, it surpassed $70 billion in assets after recording 31 straight days of inflows
last July.Although ETF inflows have improved in recent months, Glassnode reported that by May, the average ETH ETF investor remained
