72 Crypto ETFs are Up for Approval, But Bitcoin Holds 90% Of Fund Investments

As the SEC is signaling its willingness to approve new altcoin ETFs, 72 active proposals are awaiting a nod. Despite the growing interest from asset managers to launch more altcoin-based products in the institutional market, Bitcoin ETFs currently command 90% of crypto fund assets worldwide. New listings can attract inflows and liquidity in these tokens, as demonstrated by Ethereum’s approval of ETF options. Still, given the current market interest, it’s highly unlikely that any crypto found will replicate Bitcoin’s runaway success in the ETF market Bitcoin Dominates the ETF Market Bitcoin ETFs dramatically changed the global digital assets market over the past month, and they are performing quite well at the moment source: https://beincrypto.com/bitcoin-etf-dominance-despite-surging-altcoin-proposals/