[Upcoming SEC Spot ETF Survey]
CryptoNewsTerminal Staff26 May, 2024
[Upcoming SEC Spot ETF Survey]
[41.3% of domestic investors expect XRP to be the next cryptocurrency to receive SEC approval for a spot ETF.] According to a weekly domestic investor market trend survey conducted by CryptoNewsTerminal and Clatos, 57.0% of the respondents (36.7% last week) expect Bitcoin to rise or surge next week. 31.0% (42.6% last week) of the respondents expected a sideways movement, and 12.0% (20.7% last week) expected a decline or a sharp decline. To the question asking about the market sentiment, the largest number of respondents (44.8%) answered that they were optimistic or extremely optimistic. 44.1% responded that they were neutral, and 11.1% responded that they were fearful or extremely fearful. In response to the question of which cryptocurrency spot ETF will be the next to be approved by the US Securities and Exchange Commission (SEC) following the approval of the Ethereum (ETH) spot ETF, 41.3% of the respondents chose Ripple (XRP). This was followed by Solana (SOL) with 35.6%, BNB with 12.1%, DOGE with 7.3%, and 3.7% with other cryptocurrencies not listed.
