BlockBeats News, July 2nd, Bloomberg's Senior ETF Analyst Eric Balchunas commented on the "SEC Moves Toward Setting Universal Listing Standard for Crypto ETFs," stating, "(This is) reasonable and one reason we are so bullish (approval rates for most coins are as high as 95%). The question is, what will the standard be? We think the standards might be loose enough that most of the top 50 coins could be ETF-able."