In accordance with Blockworks, the U.S. crypto ETF landscape is on the verge of a major expansion as the SEC finalizes its generic listing standards, streamlining approvals for both single-asset and index ETFs. The agency appears ready to allow assets like Litecoin and Solana in ETFs, with Solana ETF amendments reportedly due on Sept. 26. Hashdex CIO Samir Kerbage noted that the firm’s Nasdaq Crypto Index US ETF (NCIQ) has expanded from holding only BTC and ETH to include XRP, Solana, Stellar, and Cardano, with the potential to grow to 200 assets in the future. Analysts suggest that while new ETFs may initially underperform Bitcoin and Ethereum, broader index funds could eventually distribute flows more widely. Bitwise CIO Matt Hougan expects multiple new crypto ETFs to launch by Halloween.
Upcoming Crypto ETFs and Evolving Indexes Signal New Era for Crypto Investing
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