Now there are more than 90 ETF Crypts waiting for the approval of the SC, directed by XRP and Solana

There is an increasing pile of applications for bags contributed in the stock market that offer investors exposure to cryptocurrencies on the desktop of the United States Stock Exchange and Securities Commission, totaling 92 presentations, according to Bloomberg Etf analyst James Seyffart.

“You will surely have to strengthen your eyes and approach to see,” he said in X, while you publish a screenshot of a spreadsheet That included several emitters, assets and deadlines on Friday.

This year, asset administrators have jocked to offer ETF in the USA for cryptocurrencies beyond those approved for Bitcoin and Ethereum last year. They range from large Altcoins such as XRP and Solana, the new most popular objectives, based on the list, to relatively dark meme coins such as Bonk and the official Donald Trump token.

Although the SEC has delayed decisions on the requests of several products this year, the regulator faces a final deadline in at least a dozen applications in October. Experts, including Seyffart, expect the SC to approve a series of applications at that time.

In June, Seyffart said it is a matter of “when not if” for coins such as Solana, XRP and Litecoin. He portrayed them as close crazy people, with a 95% probabilities of approval this year.

The ETFs for other currencies, such as Dogecoin, Cardano, Polkadot, Hedera and Avalanche, also have a strong change, adding Seyffart, to pencar in the probabilities of approval of 90% for the same period.

Some cryptographic investors may have the hope that the approval of an ETF for its choice currency will lead to higher prices and a broader adoption potentially among financial institutions. Luca Prosperi, co -founder and Executive Director of Stablecoin Platform M0, is something skeptical. He said Decipher It is likely that many cryptographic ETFs are obtained due to mediocre inputs.

“I don’t think many of them are long life,” he said. “I think there are very few, if there is, [digital] Assets that are large enough and mature to support an ETF beyond Bitcoin, Ethereum and Solana “.

Even so, a group of ETF applications talks about the ways in which cryptocurrencies are rooting into traditional financial infrastructure over time, he added.

“Now that this sector is maturing, Wall Street is obviously trying to find ways to obtain the exposure of common people,” he said. “ETFs are excellent ducts.”