TechFlow news — On November 21, Nate Geraci, president of The ETF Store, posted on social media stating that in addition to Grayscale and Bitwise having already filed applications for their crypto index funds, spot ETF applications for SOL, XRP, and HBAR are currently underway. He predicted that at least one issuer will likely attempt to file an ETF application for Cardano (ADA) or Avalanche (AVAX).
Bloomberg ETF analyst Eric Balchunas commented, adding that December 31 could be the optimal timing to file a Dogecoin (DOGE) ETF application.
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