Over 70 crypto ETF applications are under review at the US SEC alone in 2025
Bloomberg analyst Balchunas revealed that approximately 72 crypto ETFs are awaiting approval from the US SEC for listing or 'listing options.' He noted that everything from XRP, Litecoin, and Solana to Penguins, Doge, and 2x Melania, as well as everything in between, will be included.
Bloomberg ETF analyst Eric Balchunas revealed that decisions on 72 crypto ETFs are currently pending with the US Securities and Exchange Commission (SEC), awaiting approval for launch or option proposals. He stated that based on this, 2025 will be a 'very busy year.'
There were about 33 crypto ETF applications before the US SEC, which doubled after Gensler's exit.
Balchunas reveals 70+ crypto ETFs awaiting SEC approval in the US in 2025
There are currently 72 crypto-ETFs awaiting SEC approval for listing or listing options. From XRP, Litecoin, and Solana to Penguins, Doge, and 2x Melania, and everything in between. It will be a wild year. A great summary from @GOLF123 Balchunas from Bloomberg claimed that over 70 crypto ETFs are under review by the US SEC this year, covering a wide range of assets from altcoins to derivatives, as institutional interest in crypto rises, although adoption remains uncertain. The selection specifically includes established cryptocurrencies like XRP, Litecoin (LTC), and Solana (SOL), indicating an exciting year ahead for crypto investments.
Scheduled fund listings are happening as institutional investors grow increasingly optimistic about crypto as an asset class. A March report from Coinbase and EY-Parthenon revealed that up to 83% of institutional investors stated they plan to increase crypto allocation in 2025. Notably, a significant majority of surveyed investors said they plan to allocate more than 5% of their AUM to crypto this year. 'There are currently 72 crypto-ETFs awaiting SEC approval for listing or listing options. Everything from XRP, Litecoin, and Solana to Penguins, Doge, and 2x Melania, and everything in between. It will be a wild year.' - Eric Balchunas However, Balchunas explained that just because some crypto ETFs are approved for US listings does not guarantee widespread adoption, especially for funds holding more obscure alternative crypto assets. He noted that having coins that become 'ETF size' is similar to being in a band and having your songs added to all music streaming services. It does not 'guarantee plays,' but puts the band's music where most listeners are. Catalin expects altcoin ETFs to see cumulative inflows of up to $1 billion. Sygnum Bank's Head of Research Catalin Tishgauer said he expects altcoin ETFs to see cumulative inflows of several hundred million to $1 billion, significantly less than spot Bitcoin funds. However, she acknowledged that crypto ETFs utilizing options and other derivatives to provide structured access to crypto assets like Bitcoin and Ether are likely to see more institutional adoption. Bloomberg Intelligence data revealed that American Bitcoin ETFs first surpassed $100 billion in net assets on November 21, 2024. Brian Armor, Director of Research for Passive Strategies at Morningstar, said the surge in net assets for BTC ETFs in November reflected a more positive outlook for Bitcoin's future following Trump's election victory, improving performance and bringing in over $5 billion in inflows.
On April 21, ARK Invest added exposure to staked Solana to two of its existing ETFs. The asset manager claimed this is the first time spot SOL is available to US investors in an ETF.#solana According to Balchunas, Bitcoin ETFs currently account for 97% of the passing Satoshi as the largest holder and 82% of the passing gold ETFs. BTC ETFs managed approximately $104 billion as of November 21, 2024, and they are on track to surpass gold ETFs in net assets, which together hold approximately $120 billion in assets under management (AUM). Cryptopolitan Academy: Tired of market fluctuations? Learn how DeFi can$XRP #etf
to help you build a stable passive income. Sign up now$BTC
