{"id":23076,"date":"2025-04-21T19:31:37","date_gmt":"2025-04-21T19:31:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23076"},"modified":"2025-04-21T19:31:37","modified_gmt":"2025-04-21T19:31:37","slug":"more-than-70-us-crypto-etfs-await-sec-decision-this-year-bloomberg","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23076","title":{"rendered":"More than 70 US crypto ETFs await SEC decision this year \u2014 Bloomberg"},"content":{"rendered":"
\n

<\/p>\n<\/p>\n

\"More<\/p>\n

More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins to memecoins to derivatives instruments. <\/p>\n

\u201cEverything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,\u201d Balchunas said<\/a> in an April 21 post on the X platform. \u201cGonna be a wild year.\u201d<\/p>\n

\"More
Crypto ETFs\u2019 SEC review schedule. Source: <\/em>Eric Balchunas\/Bloomberg<\/em><\/a><\/figcaption><\/figure>\n

Related: <\/strong><\/em>ARK adds staked Solana to two tech ETFs<\/strong><\/em><\/a><\/p>\n

Uncertain institutional demand<\/h2>\n

The planned funds listings come as institutional investors turn increasingly bullish on crypto as an asset class.\u00a0<\/p>\n

Upward of 80% of institutions say they plan to increase allocations to crypto<\/a> in 2025, according to a March report by Coinbase and EY-Parthenon.\u00a0<\/p>\n

However, analysts caution that just because ETFs are approved for US listings doesn\u2019t guarantee widespread adoption, especially for funds holding more obscure alternative cryptocurrencies.<\/p>\n

\u201cHaving your coin get ETF-ized is like being in a band and getting your songs added to all the music streaming services,\u201d Balchunas said<\/a>.\u00a0<\/p>\n

\u201cDoesn\u2019t guarantee listens but it puts your music where the vast majority of the listeners are.\u201d<\/p>\n

\"Cryptocurrencies,
Comparing asset manager Grayscale\u2019s net assets pre-ETF launch across different cryptocurrencies suggests tepid demand for altcoin ETFs. Source: Sygnum Bank<\/em>
<\/figcaption><\/figure>\n

Sygnum Bank\u2019s research head, Katalin Tischhauser, told Cointelegraph she expects altcoin ETFs to see cumulative inflows of several hundred million to $1 billion, far less than spot Bitcoin funds<\/a>.\u00a0<\/p>\n

Funds holding Bitcoin (BTC<\/a>) \u2014 the first spot cryptocurrency approved for listing in a US ETF wrapper \u2014 attracted upward of $100 billion in net assets<\/a> last year.\u00a0<\/p>\n

However, ETFs using options and other derivatives to provide structured exposure to cryptocurrencies such as Bitcoin and Ether might see more institutional uptake, analysts said.\u00a0<\/p>\n

Options on spot cryptocurrencies unlock numerous potential portfolio strategies for investors and could potentially catalyze \u201cexplosive\u201d price upside<\/a> for digital assets such as Bitcoin, Jeff Park, Bitwise Invest\u2019s head of alpha strategies, said in September.<\/p>\n

Options are contracts granting the right to buy or sell an underlying asset at a certain price. <\/p>\n

On April 21, ARK Invest added exposure to staked Solana<\/a> (SOL<\/a>) to two of its existing ETFs. The asset manager said it marks the first time spot SOL has been available to US investors in an ETF. <\/p>\n

Magazine:\u00a0<\/strong><\/em>\u2018Bitcoin layer 2s\u2019 aren\u2019t really L2s at all: Here\u2019s why that matters<\/strong><\/em><\/a><\/p>\n