Data: Surge in encryption ETF applications, optimistic outlook for index and actively managed funds.

On October 22, Bloomberg ETF analyst Eric Balchunas stated that there are currently 155 cryptocurrency ETP( exchange-traded products, covering ETF) applications that track 35 different digital assets. In the next 12 months, the market is likely to see more than 200 popular projects. Traditional financial investors find it difficult to navigate the complex single Token market and are more inclined to adopt diversified and decentralized investment strategies, which makes the prospects for index-based and actively managed Crypto Assets ETFs “highly promising.”

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