The Forward Guidance newsletter discusses the anticipation surrounding the approval of spot crypto ETFs in the US following the launches of bitcoin and ether ETFs in 2024. Proposals for funds holding various cryptocurrencies have emerged, with Canary Capital Group recently filing for a new product. The CEO expressed confidence that more spot crypto ETFs will enter the market this year, highlighting industry optimism despite uncertain timelines from the SEC, which may take weeks or years to decide on approvals. Analysts suggest that a litecoin ETF could be approved before those for SOL and XRP, due to fewer regulatory concerns. Today's date marks seven years since the launch of the Amplify Transformational Data Sharing ETF (BLOK), which approaches $1 billion in assets under management. As new crypto and blockchain companies go public, BLOK's holdings could diversify, particularly in miners engaging in AI and those accumulating BTC.

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