In brief
- The SEC is mulling 90 applications for crypto ETFs, many focused on XRP, Solana, and other top altcoins.
- Many of the funds are expected to be approved this year, according to industry experts.
- Some will likely be shuttered due to lackluster inflows, a crypto startup CEO told Decrypt.
There is a growing stack of applications for exchange-traded funds that offer investors exposure to cryptocurrencies on the U.S. Securities and Exchange Commission’s desk, totaling 92 filings, according to Bloomberg ETF Analyst James Seyffart.
“You will almost certainly have to squint and zoom to see,” he said on X, while posting a screenshot of a spreadsheet that included various issuers, assets, and deadlines on Friday.
This year, asset…