“The child may come on any day,” says Bloomberg analyst.

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A large number of funds circulated may be launched in the exchange of cryptocurrencies Erik Balunas.

Cunning He said On Monday on X that approval of suspended ETF applications associated with assets such as Cardano, Litecoin, Solana and XRP are now 100 % guaranteed after launching the general list standards for paper and stock exchange for the inventive currency -based investment funds.

Junas’s comments came after the Supreme Education Council required The exporters are withdrawing the deposit of 19B-4 related to their ETF applications.

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19B-4 is a file from exchanges, such as NASDAQ and NYSE, on behalf of exporters who determine the change of the base required for a new ETF narration. The deposit is usually required for Etf Cryptocurrency Spot approvals, but it also came with a 240 -day legal approval window.

According to Balchunas, the 19B-4 and “clock” deposits with which it came is necessary for the immediate ETF Cryptocurrency applications thanks to the new public list standards. He said that only S-1 registration files are required. S-1 files provided by exporters do not come with these deadlines.

“The child can come on any day,” said Balunas. “Be ready.”

Before the last shift in the ETF Cryptocurrency applications, the SEC’s deadline on ETF requests associated with Litecoin, Solana and XRP are already in October.

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Among all the ETF Cryptocurrency Cryptocurrency applications, Balchunas suggested on Monday that Solana’s associated products may be the first to be approved. He highlighted that the registration data related to the products has already undergone four modifications, which usually indicate the high participation and progress in SEC.

Investment Commander Bit Hogan died He said Last month, the launch of the Solana Investment Funds will enter into “Solana Season”. He cited the convergence of flows in products and the request from the treasury companies digital assets that accumulate the original. He said that the combination raised the operation of Bitcoin from $ 40,000 in January 2024 to a record of about $ 125,000. He also said that it had caused the Ethereum gathering since April.