Is Stablecoin ETF The Next Big Thing In Crypto ETFs?
An illustration of the Bitcoin spot ETF.
Crypto ETFs have come a long way, even though it’s only been less than 4 years since the first Bitcoin futures ETF was introduced. After years of legal resistance, spot Bitcoin ETFs finally hit the US markets in early 2024, bringing in billions in capital inflows. As of now, the landscape includes a mix of futures-based products, spot ETFs for BTC and ETH, and, what’s interesting, a growing demand for a broader crypto exposure. Recent filings for ETFs representing assets like XRP, AVAX, APTOS, SUI, and even memecoins like PENGU or DOGE raise questions about strategy and, rightfully so, the intent behind them. Some of these companies, such as Ripple and Avalanche, have…
