Crypto ETFs Enter 2026 With Momentum, But Capital Still Knows Where to Settle
As crypto exchange-traded funds move toward 2026, the market feels more settled than the headlines suggest.
Approval timelines are clearly accelerating, issuers are lining up new products, and institutional participation is no longer something that needs to be argued for. It is already happening. Yet when looking past the volume of launches and filings, one pattern stands out. Capital is not spreading evenly. It is concentrating.
Throughout 2025, bitcoin and ether ETFs absorbed the vast majority of investor flows, even as a growing number of alternative crypto products entered the market. The contrast between how crowded the ETF lineup has become and how selective actual allocations remain is shaping expectations for the next phase of…
