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Where next for crypto ETFs? 🤔

Where next for crypto ETFs? 🤔

While Bitcoin and Ethereum ETFs are seeing outflows, fund managers are pressing on with plans for altcoin ETFs.

Stephen Graves
March 13, 2025

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📝 What you need to know

Following the approval of spot Bitcoin and Ethereum ETFs last year, fund managers aren’t resting on their laurels. Crypto-based ETFs tracking everything from the sensible (Solana) to the eyebrow-raising (Dogecoin) to the downright wacky (Donald Trump’s meme coin) have been proposed over the last few months.

Meanwhile, Cboe BZX Exchange has filed a proposed rule change with the SEC to allow for in-kind creations and redemptions of shares for its spot Bitcoin and Ethereum ETFs, mirroring recent moves by the likes of BlackRock.

But it’s been a rocky few weeks for crypto ETFs, with Bitcoin and Ethereum funds shedding $4.7 billion in the past month, with outflows from Bitcoin ETFs hitting $371 million on Tuesday.

Which Crypto ETFs Are Next? Dogecoin, XRP, and Solana Lead the List

Bitcoin and Ethereum ETFs were only the start: Issuers are now applying to offer all kinds of U.S. funds—for Dogecoin, Solana, XRP and more.

Cboe Files to Allow In-Kind Redemptions for Invesco Galaxy Bitcoin and Ethereum ETFs

The move to allow in-kind redemptions and creations streamlines ETF trading efficiency, bypassing the need for cash.

Argentine Lawyer Calls for Arrest of Crypto Entrepreneur Tied to Libra Scandal

The lawyer has asked Interpol to help arrest crypto founder Hayden Davis over the LIBRA scandal that cost investors millions.

Coinbase to Halt Trading of Meme Coins Floki, Turbo, and Giga in New York

Prices for Floki, Turbo, and Giga were little changed despite Coinbase announcing the suspension of trading on its platform in New York.

WalletConnect Founder: Time Was Right For WCT Token Based on 'Token-Market Fit'

WalletConnect’s Pedro Gomes joined Decrypt to talk Smart Sessions, the establishment of the WalletConnect Foundation and the WCT token.

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😂 Meme of the Day

Source: Reddit

🌐 From Our Hub

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The Karrat Foundation is headlining the Studio Chain built with Arbitrum’s Ethereum layer-2 tech, which will play host to My Pet Hooligan.

🤖 EMERGE: Elon Musk’s X DDoS Accusation Ignores Basics of Cyber Attacks, Expert Says

Security professionals and X users have pushed back against Musk’s assertion Monday that a DDoS attack on X originated in Ukraine.

🎭️ SCENE: Sony’s Aibo Robot Dog Is Back—In Ethereum NFT Form

Nearly 10 million free Aibo NFTs have been minted on Soneium, Sony's Ethereum layer-2 network, granting them tokens that can't be traded.

📚 Watch and Learn

📹 WATCH: UNDER EXPOSED EP16 - Exploring Bitcoin's Ecosystem Challenges

UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives.

🎓️ LEARN: Getting Started With MYRIAD

MYRIAD’s prediction market ecosystem enables you to make predictions using points and USDC. Here’s how to get set up and start using it.