Analyst predicts over 200 crypto ETPs could launch within a year

There are currently 155 crypto exchange-traded products (ETPs) on the market tracking 35 different cryptocurrencies, according to Bloomberg senior ETF analyst Eric Balchunas. He predicted that more than 200 ETPs are likely to be launched within the next 12 months. The cryptocurrencies with the most ETPs based on them are Solana (SOL) and Bitcoin, followed by XRP and Ethereum (ETH).