A fresh wave of Crypto ETFs awaits entry into the US market, with over 50 funds currently awaiting the SEC’s decision. According to the latest Bloomberg figures, these ETFs cover everything from Bitcoin and Ethereum to Solana, XRP and Dogcoin.
For celebrities, submissions are from Grayscale, Franklin Templeton, Bitwise, and Vaneck. Data suggest that new ETF filings from Solana (Sol), Ripple (XRP), Cardano (ADA) and Doge suggest that Altseason may be on the horizon as institutional interest in this sector grows. Specialist products such as Bitcoin, Ethereum Staking ETFs and Ethereum Option ETFs are also under construction.
Some filings such as Bitcoin and Ethereum ETF provided by the NYSE and CBOE already have year-end deadlines. However, other funds – the 1940 ACT fund – are moving faster, including ProShares and Rex-Soprey’s. These assets include everything from Solana to meme coins such as Dogecoin.
ETF analysts at Bloomberg James Sefert also notified that ProShares, which will provide XRP ETFs from April 30th, are not accurate. In an X post, Seyffart revealed that Proshares has plans for the XRP ETF, but no official launch date has been set. But he said, “The launch is still thought to be highly likely to happen.
Cryptographic ETFs make it easier for traditional investors to experience the crypto world without having to own or directly manage digital coins.