More than 70 cryptocurrency exchange-traded funds (ETFs) are set for review by the US Securities and Exchange Commission (SEC) this year. Analyst Eric Balchunas noted that proposed ETFs will feature a variety of assets, including altcoins, memecoins, and derivatives. As institutional interest in crypto grows, with a significant portion of investors planning to engage in crypto by 2025, the approval of these ETFs is anticipated. However, analysts warn that approval does not guarantee widespread adoption, especially for funds that include more obscure altcoins. Katalin Tischhauser from Sygnum Bank expects that altcoin ETFs could achieve inflows of several hundred million to $1 billion. Conversely, ETFs utilizing options and other derivatives might attract more institutional interest due to their potential for diverse portfolio strategies. In a notable development, ARK Invest added staked Solana to two of its existing ETFs, marking a new opportunity for US investors in this cryptocurrency.

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