BTC, ETH and SOL Combo Spot ETFs Will Emerge, But Potential May Be Limited
On July 23, Bloomberg ETF analyst Eric Balchunas responded on social media to The ETF Store President Nate Geraci's observation that "expect to see issuers applying for combo spot ETFs of BTC, ETH and SOL in the next few months," saying that this will indeed happen, but how much potential is unknown, and that precious metals basket The ETF GLTR is $1 billion in size, which is not bad, but still less than 1% of the asset size of gold ETFs.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.