According to Eric Balchunas, a new filing has been submitted for a sequel to the $PRIV ETF, focusing on short duration public and private credit, with Apollo named as the liquidity source (source: Eric Balchunas on Twitter, May 27, 2025). This development signals increased institutional interest in diversified credit products and may attract capital flows from traditional and crypto investors seeking yield opportunities. The involvement of Apollo, a major financial player, enhances the ETF's liquidity profile, which could lead to increased trading volumes and tighter spreads. Crypto traders should monitor potential impacts on stablecoin yields and DeFi lending rates as institutional credit products gain traction.