Seventy-two crypto ETFs are awaiting approval from the U.S. Securities and Exchange Commission (SEC), each hoping to be listed. Let’s explore what these crypto ETFs entail.
Crypto ETFs enable investors to access cryptocurrency through stock exchanges, eliminating the need for wallets or direct cryptocurrency exchanges.
What Are Crypto ETFs and Why Do They Matter?
People who want to invest in cryptocurrency assets can achieve this through crypto ETFs instead of purchasing separate digital currencies. Investors can buy ETFs through stock markets to track the price fluctuations of cryptocurrency assets.
The reason the ETF is not a sell the news event is simple.
Self custody.
Say you’re a retiree, pension fund, financial manager.
Most people (including me) don’t feel comfortable self custodying millions (or tens).
There’s no way they are just gonna leave their money on say…
— Alex Becker
(@ZssBecker) January 7, 2024
This represents a significant step toward making crypto investing safe and easy for both retail and institutional users. ETFs provide the same trading experience as regular stocks since they do not require private keys or wallets, nor are they affected by security hacks.
Who’s Lining Up to Launch These ETFs?
According to Bloomberg’s James Seyffart, various asset managers are eager to take action. Multiple enterprise investors, such as Grayscale, Bitwise, Franklin Templeton, 21Shares, CoinShares, and WisdomTree, submitted their ETF filing requests. Some are opting for spot ETFs that are directly backed by the underlying cryptocurrency. Others want to offer futures-based ETFs, staking strategies, or leveraged crypto products.
UPDATE: It’s happening. We have at least 5 of the potential #Ethereum ETF issuers that have submitted their Amended 19b-4’s in the last ~25 min.
Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares, & Franklin all submitted via CBOE. pic.twitter.com/pHGt8iRWi8— James Seyffart (@JSeyff) May 21, 2024
And it’s not only the usuals like Bitcoin and Ethereum. They cover assets from XRP, Solana, and Litecoin to Dogecoin, 2x Melania, and Penguin coins.
What Happens If They’re Approved?
It could significantly boost mainstream adoption if the SEC starts approving more of these crypto ETFs. Institutions with crypto restrictions can still invest via crypto ETFs. Many retail investors use Fidelity and Schwab to gain exposure to cryptocurrencies.
There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year. Great roundup from @JSeyff pic.twitter.com/IHTqqxeH35
— Eric Balchunas (@EricBalchunas) April 21, 2025
The approval of Bitcoin ETFs at the beginning of 2024 established substantial market interest. Within weeks, billions of dollars poured in, leading Bitcoin to its historical peak. The introduction of ETF approval for different assets has the potential to trigger another market increase.
Conclusion
Seventy-two crypto ETFs await SEC approval, bringing cryptocurrency closer to full integration with traditional finance. If approvals start rolling in, 2025 could be the year digital assets go mainstream. As Bloomberg’s Eric Balchunas joked, getting your token into an ETF is like getting your music on Spotify. The presence of an option does not guarantee adoption by users, even though they now have this available opportunity.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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