{"id":127639,"date":"2025-04-21T21:20:30","date_gmt":"2025-04-21T21:20:30","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127639"},"modified":"2025-04-21T21:20:30","modified_gmt":"2025-04-21T21:20:30","slug":"more-than-70-us-crypto-etfs-await-sec-decision-this-year-bloomberg","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127639","title":{"rendered":"More than 70 US crypto ETFs await SEC decision this year \u2014 Bloomberg"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsMore 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.<br \/>\n\u201cEverything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,\u201d Balchunas said in an April 21 post on the X platform. \u201cGonna be a wild year.\u201d<br \/>\nCrypto ETFs\u2019 SEC review schedule. Source: Eric Balchunas\/BloombergRelated: ARK adds staked Solana to two tech ETFs<br \/>\nUncertain institutional demand<br \/>\nThe planned funds listings come as institutional investors turn increasingly bullish on crypto as an asset class.\u00a0<br \/>\nUpward of 80% of institutions say they plan to increase allocations to crypto in 2025, according to a March report by Coinbase and EY-Parthenon.\u00a0<br \/>\nHowever, analysts caution that just because ETFs are approved for US listings doesn\u2019t guarantee widespread adoption, especially for funds holding more obscure alternative cryptocurrencies.<br \/>\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.\u00a0<br \/>\n\u201cDoesn\u2019t guarantee listens but it puts your music where the vast majority of the listeners are.\u201d<br \/>\nComparing asset manager Grayscale\u2019s net assets pre-ETF launch across different cryptocurrencies suggests tepid demand for altcoin ETFs. Source: Sygnum BankSygnum 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.\u00a0<br \/>\nFunds holding Bitcoin (BTC) \u2014 the first spot cryptocurrency approved for listing in a US ETF wrapper \u2014 attracted upward of $100 billion in net assets last year.\u00a0<br \/>\nHowever, 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<br \/>\nOptions on spot cryptocurrencies unlock numerous potential portfolio strategies for investors and could potentially catalyze \u201cexplosive\u201d price upside for digital assets such as Bitcoin, Jeff Park, Bitwise Invest\u2019s head of alpha strategies, said in September.<br \/>\nOptions are contracts granting the right to buy or sell an underlying asset at a certain price.<br \/>\nOn April 21, ARK Invest added exposure to staked Solana (SOL) 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.<br \/>\nMagazine:\u00a0\u2018Bitcoin layer 2s\u2019 aren\u2019t really L2s at all: Here\u2019s why that matters<a href=\"https:\/\/cointelegraph.com\/news\/us-crypto-etfs-await-sec-decision-70-bloomberg?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsMore 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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127639"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127639"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127639\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127639"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}