There are at least 92 products exchanged by the crypto exchange awaiting a decision from the US Securities and Exchange Commission.
Solana (Sol) and XRP (XRP) are the most sought after crypto assets, with SOL with eight ETF applications pending and the XRP has seven, According to In new data from Bloomberg’s ETF Intelligence analyst James Seyffart.
Eric Balchunas, Senior Etf Analyst of Bloomberg, Na -Post On April 21, 72 Crypto -related ETFs were pending with the SEC, which means another 20 ETFs have been filed in the last four months.
Three pending ETFs suggesting to offer exposure to bitcoin (Btc) or ether (Eth), while the rest of the target of other altcoins.
The list also includes 21shares and Grayscale, looking to get approved for their ETF ETF staking. Earlier this month, the SEC It was clarified that some liquid staking activities were falling out of its Purview.
Meanwhile, Grayscale is looking to convert five into its trust in ETFs, which includes three funds that have been exchanged publicly and two privately exchanged funds. The conversion includes funds that offer exposure to Litecoin, Solana, Dogecoin, XRP, and Avalanche.
“See all the Crypto ETF filings there … what I mean by ‘crypto etf floodgates to open soon.'” Novadius Wealth Management President Nate Geraci Says.
In Monday, analysts in Bitfinex have been mentioned Altcoins will not see a wider rally until more Crypto ETFs receive approval.
Related: 21shares file to launch Sei ETF, joining the race along with Canary Capital
Blackrock leads the category
Global Asset Manager Blackrock is currently leading the Crypto ETF category.
Its bitcoin fund, ishares bitcoin trust etf (ibit), has witnessed a net inflow of $ 58.28 billion Since it was starting $ 13.12 billion From this point on, according to Farside investors.
Wednesday’s report indicates that Etha Coinbase can be reached immediately As the largest with -hold of eth.
Meanwhile, Ibit’s funds are now holding More than 3% of Bitcoin’s total supply.
Notably, blackrock Now earns more than fees taun -toon From the Ibit fund than its S&P Fund (IVV) chief, the Ishhares Core S&P 500 ETF, as Ibit’s cost ratio is at 0.25%, while the cost of IVV cost is less than 0.03%.
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