‘Total land rush’: Bitcoin, Solana lead the way with over 150 crypto ETF filings awaiting review
Over 155 cryptocurrency ETF filings, led by Bitcoin and Solana proposals, are currently awaiting review despite a government shutdown slowdown.Summary
As of October 20, there are 155 cryptocurrency-based exchange-traded product filings tracking 35 different digital assets awaiting review, with Bitcoin and Solana proposals leading at 23 each, followed by XRP (20) and Ethereum (16). Although a U.S. government shutdown has slowed the review process, issuers continue to file proposals, including leveraged and covered call variations. Experts remain optimistic, with one analyst predicting over 200 filings could hit the market within the next year, describing the activity as a "Total land rush." This follows the SEC's approval of new listing standards that fast-tracked proposals, though staff guidance on accelerating reviews during the shutdown is uncertain. Traditional finance investors are expected to favor diversified, index-based crypto ETFs over navigating individual tokens.
(Source：The Block)