#AltcoinETFsPostponed
Large number of presentations.
In 2025, the SEC has received applications to authorize dozens of altcoin ETFs for listing in the United States. As of April 21, approximately 70 cryptocurrency ETFs were awaiting SEC review.
Asset managers are proposing funds that contain "[t]everything from XRP, Litecoin, and Solana to Penguins, Doge, and 2x Melania and everything in between," said Bloomberg analyst Eric Balchunas in a post on April 21 on platform X.
The flood of proposals comes as U.S. President Donald Trump presses the SEC to adopt a more flexible stance towards cryptocurrencies.
However, analysts warn that investor demand for altcoin ETFs may be timid compared to funds containing major cryptocurrencies like Bitcoin (BTC) and Ether ETH 1584 €.
“Having your coin included in an ETF is like being in a band and getting your songs added to all the music streaming services,” Balchunas said.
“It doesn’t guarantee listens, but it puts your music where the vast majority of listeners are.”
Although U.S. exchanges are embracing cryptocurrency ETFs, they are also urging the SEC to adopt a strict regulatory stance towards digital assets. In a comment letter dated April 25, Nasdaq encouraged the SEC to apply the same compliance standards to digital assets as to securities if they constitute “stocks by another name.”
