SEC Drowning In 70+ Crypto ETF Applications
- Over 70 crypto ETF applications, including spot SOL and XRP, await SEC approval, potentially fueling a 2025 market boom.
- Institutional giants eye massive fees, driving a rush into diverse crypto ETFs, raising questions of market saturation.
- Optimism for mainstream adoption clashes with Bitcoin proponents’ “casino” warnings amid the ETF frenzy.
Crypto markets are poised for explosive growth as over 70 ETF applications await SEC approval in 2025. Data compiled by James Sayffart showed the list covers a variety of assets such as XRP, LTC, SOL, Dogecoin, crypto derivatives, and even meme coins. The most keenly awaited lots are the spot ETF applications of SOL and XRP, with 6 and 10 institutions applying,…
