Experts predict a rapid increase in the number of applications for the launch of cryptocurrency exchange-traded funds (ETFs) in the coming years. According to Bloomberg Intelligence analyst Eric Balchunas, by the end of 2026, the number of such applications could surpass 200, indicating a revitalization of the crypto asset industry and a growing interest from institutional investors in the market.
This is reported by Finway
Details on the Current State of the ETF Market
Currently, there are 155 applications for cryptocurrency ETFs under review by the U.S. Securities and Exchange Commission (SEC). The products cover 35 different digital assets, with the following categories standing out:
- 23 applications for Solana-based ETFs,
- 23 for Bitcoin,
- 20 for XRP,
- 16 for Ethereum,
- 10 for ETFs that include baskets of various cryptocurrencies.
Particular attention is drawn to applications for ETFs based on meme coins MELANIA, created by U.S. First Lady Melania Trump, as well as PENGU, which is part of the Pudgy Penguins project. Companies like Tuttle Capital and Canary Capital are handling these applications. Additionally, a fund based on TRUMP, which is supported by Trump himself, has already appeared on the DTCC list, suggesting a quick start to trading.
Forecasts for the Development of the Cryptocurrency ETF Market
“There are currently 155 cryptocurrency ETP filings tracking 35 different digital assets. It could easily end up with over 200 hitting the market in the next 12 months. A total land rush. Here’s a list by coins, amazing work by @JSeyff”.
Eric Balchunas is confident that next year will be a record year for the number of applications, and their total could exceed 200 as early as 2026. He also emphasizes the impact of the new procedure for launching spot cryptocurrency ETFs developed by the SEC, which facilitates the expedited review and approval of such financial products. This opens new opportunities for investors and expands the range of tools available in the digital asset market.