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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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This year, over 70 US encryption ETFs are awaiting SEC decisions, covering Mainstream Tokens to memes.
Odaily News Eric Balchunas, a Bloomberg analyst, stated that there are over 70 encryption ETFs awaiting SEC review this year, covering a variety of assets including XRP, LTC, SOL, Dogecoin, and encryption derivations. He said, "2025 will be a crazy year." Although institutional interest in the encryption market is increasing, analysis points out that approval does not mean widespread adoption, especially for ETFs related to non-mainstream coins. Sygnum Bank expects that the capital inflow into altcoin ETFs could be hundreds of millions to 1 billion dollars, far lower than the over 100 billion dollars that the spot Bitcoin ETF attracted last year. In addition, ARK Invest included staked Solana in two of its ETFs on April 21, allowing U.S. investors to access spot SOL through the ETF for the first time. (Cointelegraph)