Overview
- Bitwise projects that more than 100 crypto ETFs could launch in 2026, and Bloomberg’s James Seyffart warns many ETP liquidations are likely by the end of 2027, possibly starting late 2026.
- At least 126 filings are awaiting SEC action as issuers race to debut new products across NYSE, Nasdaq, and Cboe under the streamlined framework.
- The SEC’s generic listing standards allow exchanges to list certain commodity-based crypto ETPs using objective criteria rather than case-by-case reviews.
- Flows remain concentrated in established Bitcoin and Ethereum funds, while newer products tied to smaller tokens have generally struggled for traction, with modest totals reported for SOL and recent gains for XRP.
- Early signs of attrition include 2025 liquidations of ARK 21Shares funds, and reports cite hundreds of ETF closures in recent years, underscoring the risk of consolidation if assets stay thin.