ETF filings explode in 2025, heating hopes of an ‘altcoin summer’

Key Points

  • Regulatory optimism in the US has spurred at least 31 altcoin ETF applications in the first half of 2025, following approvals for Bitcoin and Ether ETFs.
  • Prominent filings include ETFs for XRP, Dogecoin, BNB, and Avalanche, with analysts predicting at least 10 approvals and hyping an “altcoin summer.”
  • Bloomberg ETF analyst Eric Balchunas suggests a Litecoin ETF may be approved first, with Solana close behind, despite unresolved SEC concerns.
  • New SEC Chairman Paul Atkins is reversing restrictive crypto policies, fostering a more crypto-friendly regulatory environment.
  • Despite optimism, altcoin ETF demand may be lower than for Bitcoin, and altcoin market dominance is declining, tempering expectations for price surges.

Summary

In 2025, the US crypto market is buzzing with optimism as 31 altcoin ETF applications have been filed with the SEC in the first half of the year, fueled by regulatory shifts post-2024 elections and approvals of Bitcoin and Ether ETFs. Major filings from firms like VanEck and WisdomTree target altcoins such as XRP, Dogecoin, BNB, and Avalanche, with analysts predicting at least 10 approvals and heralding a potential “altcoin summer.” However, challenges remain, including unresolved SEC concerns and declining altcoin market dominance. While new SEC Chairman Paul Atkins is reversing restrictive policies and introducing crypto-friendly rules, experts like Eric Balchunas caution that altcoin ETF demand may not match Bitcoin’s, and price surges are not guaranteed, as seen with Ether’s underwhelming performance post-ETF approval. Despite geopolitical tensions and market fluctuations, some analysts remain bullish on altcoin growth.

cointelegraph
June 17, 2025
Crypto
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