Upcoming ETFs, evolving indexes to mark new chapter for crypto investing
The crypto ETF landscape is on the brink of significant expansion, with various single-asset and index offerings expected to attract new investors. The SEC has finalized listing standards that aim to streamline ETF approvals, potentially allowing around a dozen crypto assets, including Litecoin and Solana, to be included. There is anticipation surrounding Solana ETF amendments due September 26, with industry insiders suggesting that the SEC is particularly focused on these proposals. However, while several issuers are prepared to launch their ETFs, the exact timeline remains uncertain. The current demand for US Bitcoin ETFs has reached $57.3 billion, while Ether ETFs have garnered $13.7 billion, reflecting the market caps of BTC and ETH. Analysts suggest that inflows for new US crypto ETFs may align proportionally with market capitalizations, although newer assets might underperform relative to Bitcoin and Ether due to differing investor allocations. The evolving landscape indicates both excitement and caution as investors await regulatory approvals and market responses.
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