Altcoin ETF Surge Expected This Summer, with Solana Likely to Lead: Bloomberg Analyst

Bloomberg’s Eric Balchunas predicts a wave of altcoin ETF approvals, positioning Solana as a front-runner.A surge in altcoin exchange-traded funds (ETFs) may arrive this summer, according to Eric Balchunas, senior ETF analyst at Bloomberg.In a recent social media post, Balchunas said the market should expect a new wave of ETF filings and approvals centered around leading altcoins — with Solana (SOL) likely to be at the forefront.Balchunas also mentioned the possibility of combination ETF products that include a mix of altcoins, further expanding investor access to diversified crypto assets through regulated instruments.