A fresh wave of crypto ETFs is awaiting entry onto the U.S. markets, with over 50 funds now awaiting SEC decisions. These ETFs cover everything from Bitcoin and Ethereum to Solana, XRP, and Dogecoin, according to the latest figures from Bloomberg.
For the big names, submissions come from Grayscale, Franklin Templeton, Bitwise, and VanEck. According to the data, new ETF filings for Solana (SOL), Ripple (XRP), Cardano (ADA), and DOGE suggest altseason may be on the horizon as institutional interest in this sector grows. Specialized offerings, such as Bitcoin and Ethereum staking ETFs and Ethereum option ETFs, are also in the works.
Some filings — such as Bitcoin and Ethereum ETFs offered by NYSE and CBOE — already have late-year deadlines in place. Other funds, though — 1940 Act funds — do not require full SEC approval to launch and are moving faster, including those from ProShares and REX-OSPREY. These assets include everything from Solana to meme coins such as Dogecoin.
ETF analyst at Bloomberg James Seyffart also informed that ProShares offering XRP ETFs starting April 30 is not accurate. In an X post, Seyffart clarified that although ProShares has plans for XRP ETFs, an official launch date has not been set. But, he said, the launch is still believed likely to occur—“and“ likely launch in the short or possibly medium term.”
Crypto ETFs make it easier for traditional investors to gain exposure to the crypto world without having to own or directly manage digital coins.