Greg King, CEO of REX Financial, emphasizes that ETF issuers should be selective as many cryptocurrencies are deemed ‘sketchy’ particularly beyond the top 10. He suggests that careful selection is essential for fund issuers to navigate this risky landscape.
Currently, REX is seeking approval for multiple ETFs linked to memecoins, including Bonk and Dogecoin. King is optimistic about the future growth of crypto ETFs, specifically highlighting Solana’s significance in the market.
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