A total of 72 crypto-related ETFs (Exchange-Traded Funds) are currently waiting for approval from the U.S. Securities and Exchange Commission (SEC).
These ETFs cover a wide variety of tokens, such as Ripple (XRP), Litecoin, Solana, Dogecoin, Penguins, and even a 2x leveraged Melania token. This shows how much interest there is in bringing more crypto exposure to traditional finance markets.
Many of these ETFs are being filed by different issuers trying to benefit from what appears to be a more crypto-friendly attitude at the SEC this year. Turtle Capital, a firm based in the Cayman Islands, 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.
72 Crypto ETFs Awaiting SEC Approval, Source: X
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.
