Overview

• Bloomberg’s James Seyffart is tracking 92 U.S. crypto ETF/ETP applications spanning major altcoins and smaller tokens beyond Bitcoin and Ether.
• Solana leads non-BTC/ETH assets with eight pending applications, followed by XRP with seven, reflecting concentrated issuer interest in the two coins.
• The SEC faces final decision deadlines on at least a dozen proposals in October after a series of earlier delays, creating a cluster of rulings.
• Experts expect a batch of approvals but caution that many funds could later shut due to weak inflows, with some observers skeptical of demand beyond the largest assets.
• Large issuers are maneuvering: Grayscale and 21Shares have Ether staking proposals and trust-to-ETF conversions under review, while BlackRock’s IBIT and ETHA have attracted outsized inflows.