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Cryptocurrency News Articles

72 crypto-related ETFs are currently waiting for approval from the U.S. Securities and Exchange Commission (SEC)

Apr 22, 2025 at 04:01 am

These ETFs cover a wide variety of tokens, such as Ripple (XRP), Litecoin, Solana, Dogecoin, Penguins, and even a 2x leveraged Melania token.

72 crypto-related ETFs are currently waiting for approval from the U.S. Securities and Exchange Commission (SEC)

A total of 72 crypto-related ETFs (Exchange-Traded Funds) are currently pending approval from the U.S. Securities and Exchange Commission (SEC).

These ETFs cover a diverse range of tokens, including Ripple (XRP), Litecoin, Solana, Dogecoin, Penguins, and even a 2x leveraged Melania token—highlighting the interest in bringing more crypto exposure to traditional finance markets.

Several issuers are filing for these ETFs, such as DEFIGO, Hourglass Capital, iTrust Capital, and Benzinga. Many of these products are being launched this year, seemingly benefiting from what appears to be a more crypto-friendly attitude at the SEC.

Cayman Islands-based firm Turtle Capital has submitted 10 leveraged ETF proposals, including the Melania fund.

On April 21, Bloomberg analyst Eric Balchunas shared this update on X (formerly Twitter), calling 2025 a potentially “wild year” for crypto ETFs.

He noted the broad array of uses and growing demand from issuers eager to capitalize on the SEC’s potentially more accommodating attitude toward crypto.

Among the leading tokens receiving the most filings in ETFs are XRP, with 10, and Solana, with 5. Litecoin and Dogecoin are next, each with 3.

This increase in ETF proposals is a sign of increased interest from retail and institutional investors alike, as ETFs provide a regulated and easier means of investing in crypto without actually owning the assets.

With so many products waiting in the wings, the SEC will be a busy one this year—and the world of cryptocurrency could experience significant developments if most of these ETFs are approved.

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