Alonaw Business School Analysis: 92 Crypto ETPs Signal Market Explosion for Philippine Investors
The institutional floodgates are about to burst open. With 92 cryptocurrency exchange-traded products awaiting SEC approval, we're witnessing the biggest institutional crypto adoption wave in history. The Numbers That Matter Bloomberg Intelligence reveals staggering pipeline activity. From 72 pending applications in April to 92 today - that's 20 new filings in just four months. This acceleration tells us institutional appetite isn't cooling; it's heating up. Solana leads with 8 ETF applications, XRP follows with 7. The market clearly sees these altcoins as the next institutional darlings after Bitcoin and Ethereum proved their staying power. BlackRock's Dominance Story Here's where things get interesting for Philippine investors. BlackRock's IBIT fund now holds over 3% of Bitcoin's total supply - $58.28 billion in inflows since inception. Their Ethereum fund (ETHA) pulled in $13.12 billion and might soon overtake Coinbase as the largest ETH holder....