Rex Shares and Osprey Funds have submitted applications to the U.S. Securities and Exchange Commission (SEC) for the registration of 21 new exchange-traded funds (ETFs) focused on various altcoins. All funds are designed in accordance with the provisions of the Company Act of 1940, allowing them to undergo a streamlined review process.
This is reported by Finway
New ETFs Will Cover a Wide Range of Cryptocurrencies
The proposed exchange-traded funds enable direct investment in digital assets such as AAVE, UNI, XLM, and others, meaning they are spot ETFs. This format has already been used by Rex Shares and Osprey Funds to launch previous products, specifically spot ETFs based on Solana and XRP. The use of mechanisms from the Company Act of 1940 significantly reduces the application review time, even considering the new streamlined SEC regulations that took effect in September 2025.
A Wave of New ETF Applications Expected
The market is witnessing increased activity from other ETF providers. According to Nate Geraci, president of NovaDius Wealth Management and ETF analyst, the number of applications for new cryptocurrency ETFs will significantly rise in the coming months, including mixed funds.
“In the next few months, applications for all possible cryptocurrency ETFs will be submitted to the SEC. You can’t even imagine what’s in store for you,” he concluded.
Bloomberg Intelligence analyst Eric Balchunas noted that due to the new rules, the likelihood of approval for spot ETFs on crypto assets is now around 100%.