More than 70 funds exchanged by the Cryptocurrency Exchange (ETF) have been completed for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg’s analyst Eric Balchunas, the list includes suggested ETFs holding a range of properties, from altcoins to instruments of derivatives.
“Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and all between,” Balchunas Says In a post on April 21 on the Platform of X. “It will be a wild year.”
Related: Ark added staked solana to two tech etf
Uncertain institutional demand
Planned fund lists will come as institutional investors are increasing in crypto as an asset class.
Up to 80% of institutions they say they plan Increase the allocations to crypto In 2025, according to Coinbase and Ey-Parthenon’s March report.
However, the analysting of analysts that simply because ETFs are approved for US lists does not guarantee widespread adoption, especially for funds holding more fuzzy cryptocurrencies.
“Having your coin get ETF -ed is like being on a band and adding your songs to all music streaming services,” Balchunas Says.
“The listener does not guarantee but it puts your music where most listeners are.”
Sygnum Bank’s research leader Tischhauser, told Cointelegraph that he hopes that Altcoin ETFs will see a combined -a few hundred million to $ 1 billion, Lower than Bitcoin’s area funds.
Funds holding Bitcoin (Btc) – the first place to be approved by cryptocurrency for listing on a US ETF wrapping – attracted up to $ 100 billion in net assets Last year.
However, ETFs who use options and other derivatives to provide structured exposure to cryptocurrencies such as Bitcoin and Ether can see more institutionalization of the institution, analysts said.
Spot Options CryptoCurrencies I -Locked Many potential portfolio techniques for investors and can Possibly able to catalyze the “explosive” price For digital assets such as Bitcoin, Jeff Park, the head of Alpha’s Alpha approaches of Bitwise Invest, said in September.
Options are contracts that give the right to buy or sell an underlying owner at a certain price.
On April 21, Ark Invest Added exposure to staked solana (Sol) in two of the existing ETFs. The asset manager said it marked the first time Sol would be available to US investors in an ETF.
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