Analyst: The SEC standards may be lenient enough to allow the vast majority of the top 50 cryptocurrencies to be ETF-eligible

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas commented on "the SEC is working on establishing universal listing standards for cryptocurrency ETFs," stating, "(This is) reasonable, and it's also the reason we are so optimistic (that the approval rate for most coins is as high as 95%). The question is, what will the standards be? We believe these standards may be lenient enough that the vast majority of the top 50 coins could be ETF-ified."