Bloomberg Analyst: Expects Many Crypto ETPs to Liquidate by the End of 2027

BlockBeats News, December 18, Bloomberg ETF analyst James Seyffart stated on social media that he agrees with crypto asset management firm Bitwise's prediction that over 100 crypto ETFs will be launched by 2026, but he also pointed out that many of these products will struggle to survive. "We will see a large number of crypto ETP products liquidate. This may happen by the end of 2026, but more likely before the end of 2027. Currently, there are over 126 ETP applications awaiting the U.S. Securities and Exchange Commission's decision. Issuers are heavily saturating the market."