Institutional demand for cryptocurrencies is increasing and alternatives are thus diversifying. It’s a good day for ETF issuers. The crypto-friendly SEC introduced by the new US administration will probably be more merciful in terms of ETF approvals.
Cryptocurrency ETF Applications
BlackRock He applied for a file update by making an in-kind payment arrangement for BTC ETFs. This paves the way for payments to customers in BTC. It was more positive for BTC accumulation and something investors wanted. The second big ETF move came from CoinShares. This is Litecoin $117.8 It was an application for (LTC).
Grayscale if LTC and SOL Coin He made filings for. Although all of these do not have major consequences on prices, they are applications that can be concluded quickly in the process where most cryptocurrencies are considered commodities. This situation may make altcoin investors happy before the end of the year.
Bitcoin 
$105,174.1 Its price is stalled at 105 thousand dollars at the time of writing. As ETH returns to $3,300 levels, BTC volatility increases the pressure on altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
