that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..
I think there is still chance for applying ETF, but it still need time for SEC to decide it.
If cryptocurrency world keep developing, approval of ETF by SEC is not impossible to happening in the future.
Crypto is still in early age, need time to improving.