Data: Surge in Crypto ETF Applications, Positive Outlook for Index and Active Management Funds

BlockBeats News, October 22nd, Bloomberg ETF analyst Eric Balchunas stated that there are currently 155 crypto ETPs (Exchange-Traded Products, including ETFs) in the pipeline, tracking 35 different digital assets. In the next 12 months, the market is likely to see over 200 upcoming projects. Traditional financial investors struggle to navigate the complex single-token market and prefer to adopt a diversified investment strategy, making the outlook for index-based and actively managed cryptocurrency ETFs "highly optimistic."