Bloomberg analysts: Cryptocurrency ETPs may see a large number of liquidations by 2027

Huoxun Finance reported on December 18th that Bloomberg analyst James Seyffart, in an article published on the X platform, agreed with crypto asset management firm Bitwise's prediction of over 100 crypto ETFs launching in 2026, but pointed out that many of these products will be unsustainable. He believes there will be a large number of liquidations of cryptocurrency ETP products, possibly occurring by the end of 2026, but more likely before the end of 2027; issuers are launching a large number of products, with at least 126 documents currently available.