Crypto ETFs are exchange-traded funds or products that track cryptocurrencies or baskets of tokens; currently, at least 92 crypto ETF filings await SEC review—including multiple applications for Solana and XRP—signaling a potential expansion of regulated crypto exposure for mainstream investors.
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92 crypto exchange-traded products are pending with the SEC, led by Solana and XRP filings.
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BlackRock’s Bitcoin and Ethereum ETFs dominate inflows, reshaping institutional custody and fee dynamics.
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Bloomberg Intelligence and Farside Investors data show IBIT and ETHA with multi-billion-dollar net inflows since launch.
Crypto ETFs pending with the SEC surge to 92 filings; learn which tokens lead filings, market implications, and next steps—read now.
The exchange-traded funds look to track everything from Solana to XRP to Dogecoin, which combined make up trillions of dollars of the crypto market.
There are now at least 92 crypto exchange-traded products awaiting a decision from the US Securities and Exchange Commission. Filings span Bitcoin and Ether exposures as well as a wide range of altcoins.
What are crypto ETFs and why do they matter?
Crypto ETFs are regulated exchange-traded funds or products that provide investors with tradable exposure to cryptocurrencies without direct custody of underlying tokens. They matter because approvals can dramatically increase institutional and retail access, liquidity, and price discovery across the crypto market.
How many crypto ETFs are pending with the SEC?
At least 92 crypto exchange-traded products are awaiting SEC decisions. Bloomberg Intelligence analyst James Seyffart reports that Solana has eight pending ETF applications and XRP seven. Eric Balchunas of Bloomberg counted 72 pending filings in April, with roughly 20 additional filings since then.
Which tokens lead the ETF filing race?
Solana (SOL) and XRP top non-Bitcoin and non-Ether filings, with SOL having eight ETF applications and XRP seven, per Bloomberg Intelligence. Several applicants target Dogecoin, Litecoin, Avalanche and other altcoins, while 21Shares and Grayscale have filed Ether staking ETF proposals.
How is BlackRock shaping the crypto ETF landscape?
BlackRock currently leads inflows among crypto ETFs. Its iShares Bitcoin Trust ETF (IBIT) shows a net inflow of $58.28 billion since inception, and iShares Ethereum Trust ETF (ETHA) has drawn $13.12 billion, according to Farside Investors. IBIT now holds more than 3% of Bitcoin’s supply and generates meaningful fee revenue for the firm.
What filings and conversions are notable?
Grayscale plans to convert five trusts into ETFs, spanning Litecoin, Solana, Dogecoin, XRP, and Avalanche exposure. Separately, 21Shares and Grayscale are pursuing Ether staking ETF approvals after SEC clarifications that certain liquid staking activities fall outside its purview.
When could approvals lift altcoin markets?
Market participants note that broader altcoin rallies may hinge on ETF approvals. Analysts at Bitfinex and industry voices like Nate Geraci suggest that multiple greenlit ETFs would expand capital flows into altcoins and deepen market participation.
Frequently Asked Questions
How many crypto ETF filings mention Solana and XRP?
Solana has eight pending ETF applications and XRP has seven, according to Bloomberg Intelligence analyst James Seyffart. These represent the most-requested altcoin exposures among current filings.
What role does BlackRock play in ETF inflows?
BlackRock’s IBIT and ETHA funds lead net inflows, transforming custodian and fee dynamics for crypto exposure. IBIT holds over 3% of Bitcoin’s supply based on asset reports cited by market data providers.
Are Ether staking ETFs included among the filings?
Yes. Firms including 21Shares and Grayscale have filed Ether staking ETF proposals. The SEC has clarified certain liquid staking activities fall outside its purview, prompting these filings.
Key Takeaways
- Market scale: 92 pending crypto ETF filings target a mix of Bitcoin, Ether, and altcoins.
- Top tokens: Solana and XRP lead non-BTC/ETH filings, with multiple applicants pursuing exposure.
- Institutional flows: BlackRock’s IBIT and ETHA have drawn tens of billions, affecting custody and fee revenue.
Conclusion
The surge in crypto ETF filings underscores growing institutional interest and the potential for regulated on‑ramp products to reshape token markets. Watch SEC decisions and fund inflows closely; approvals could materially increase liquidity and mainstream participation in crypto ETFs.
