Bloomberg Intelligence analyst Eric Balchunas expects that by the end of 2026, the total number of applications for cryptocurrency exchange-traded funds (ETFs), including combined products, will exceed 200. Currently, the U.S. Securities and Exchange Commission (SEC) is reviewing 155 such applications, covering 35 different digital assets.
This is reported by Business • Media
Growing Interest in Crypto ETFs
Among the applications being considered by the SEC, 23 funds are based on Solana, another 23 on Bitcoin, 20 on XRP, 16 on Ethereum, and 10 funds are based on a basket of crypto assets. An important detail is the appearance of ETFs based on meme coins MELANIA, created by Melania Trump, as well as PENGU from the Pudgy Penguins project.
New Players and Expert Predictions
Applications for launching meme coin-based funds have been submitted by companies such as Tuttle Capital and Canary Capital. Additionally, the TRUMP fund from Canary Capital, backed by U.S. President Donald Trump, has already been included in the DTCC list, which likely indicates that trading for this product is approaching.
“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. Total land rush. Here’s the list by coins, amazing work by @JSeyff”.
Balchunas also noted that the number of new applications is increasing against the backdrop of the implementation of a new expedited process for launching spot cryptocurrency ETFs developed by the SEC. According to the analyst, the market could see over 200 applications for such financial products within the next year.