[Bloomberg Analyst: A Large Number of Crypto ETPs Expected to Liquidate by the End of 2027] BlockBeats News, December 18, Bloomberg ETF analyst James Seyffart posted on social media, stating that he agrees with crypto asset management company Bitwise's prediction that over 100 crypto ETFs will be launched by 2026. However, he also pointed out that many of these products will struggle to sustain themselves. 'We will see a large number of crypto ETP products liquidate. This could happen by the end of 2026, but it is more likely to occur before the end of 2027. Currently, there are over 126 ETP applications awaiting results from the U.S. Securities and Exchange Commission. Issuers are flooding the market with products.'