Odaily Planet Daily News: Bloomberg analyst Eric Balchunas stated that there will be over 70 cryptocurrency ETFs awaiting SEC review this year, covering various assets such as XRP, LTC, SOL, Dogecoin, and cryptocurrency derivatives. He said '2025 will be a crazy year'. Despite the increasing interest of institutions in the cryptocurrency market, analysis suggests that approval does not necessarily mean widespread adoption, especially for ETFs related to non mainstream currencies. Sygnum Bank predicts that the inflow of funds into altcoin ETFs may be in the billions to billions of dollars, far below the cash flow capacity of spot Bitcoin ETFs, which exceeded $100 billion last year. In addition, ARK Invest included the pledged Solana in its two ETFs on April 21st, allowing US investors to access spot SOL through ETFs for the first time. (Cointelegraph)