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Bloomberg analyst says altcoin ETFs will ignite a ‘wild’ crypto market in 2025

  • Bloomberg senior ETF analyst Eric Balchunas believes that the approval of altcoin-related exchange-traded funds (ETFs) will make the crypto market 'pretty wild.'
  • There are currently 14 altcoin ETFs awaiting approval by the SEC, including funds for Solana, XRP, Hedera, Litecoin, and baskets of assets.
  • Balchunas expects the list of altcoin ETFs to triple in size within the next two months.
  • Although the SEC's position remains uncertain, analysts believe that the approval of Solana and Litecoin ETFs is likely.

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