US Securities and Stock Exchange CommissionThere is more than 90 crypto currency ETF applications waiting for approval in front of the SEC (SEC). Bloomberg IntelligenceApplications according to the list compiled Bitcoin 
$114,480.67 And Ethereum 
$4,420.43It covers many Altcoins as well as. Experts emphasize the opening of the approval door to ETFs with the Fed’s interest rate cuts and the approval will put the crypto currency market into a new era.
Altcoin ETF applications in front of SEC
Among the applications waiting in front of SEC Ethereum Staking, XRP, Solana, Injective, Water, Near, Ondo, Aptos, Chainlink 
$23.61, Avalanche 
$28.99, Trump Coin, Bnb, CARDANO 
$0.878688, Polkadot, SEI, Litecoin 
$114.07, AXL, Bonus, Melania coin, Dogcoin 
$0.247921 And Hedera is located. It is noteworthy that a significant portion of the final decision dates for applications are spread to the last quarter of the year.
On the other hand waiting for approval ETF Applications are not limited to singular crypto currencies. There are also applications called “baskets ve and collect multiple crypto currencies under the same fund. In particular, these ETFs stand out with the fact that they will offer diversified product structure to investors. If these ETFs are approved Altcoin marketNew product diversity will emerge.
Blackrock has not yet taken steps in Altcoin
The world’s largest asset management company Blackrockhas not yet submitted ETF application for any subcoin to the SEC. The company continues to go with Bitcoin and Ethereum -oriented. Apart from Blackrock, subcoin ETF applications of major fund managers such as Franklin, Vanck, Grayscale and Proshares are waiting in front of the SEC.
The approval of ETF applications for Altcoins is considered as an improvement that can increase the interest of corporate investors. The decisions of the SEC will be decisive in terms of both the direction of the regulations and the market mobility.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
