
Jakarta, Pintu News â The cryptocurrency industry is once again getting major attention from institutional investors, following reports that 155 crypto ETF product filings have been made since 2024. According to Bloombergâs ETF analyst Eric Balchunas, this surge is considered a âland rushâ by institutions to gain exposure to various digital assets.
This phenomenon marks one of the biggest shifts in institutional interest in cryptocurrencies, from a mere speculative asset to a seriously considered investment product.
According to a Bitcoin.com News report (October 22, 2025), a total of 155 crypto ETF filings have been recorded to date, covering 35 different digital assets. This number does not include ETFs that are already officially traded on the market, such as Bitcoin and Ethereum . ETF analyst Eric Balchunas states that the figure is likely to break 200 filings in the next 12 months.
This phenomenon suggests that large institutions such as asset managers and investment banks are buying up exposure to crypto assets through formal regulatory channels. By targeting alternative assets beyond Bitcoin and Ethereum, market participants hope to benefit early from the next market upswing.
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Data revealed by Bloomberg shows that Solana (SOL) and Bitcoin (BTC) both received 23 ETF applications. This is surprising as BTC usually dominates, but in terms of applications that have not yet been approved, SOL has managed to match its position.
The next position is occupied by Ripple (XRP) with 20 filings, followed by Ethereum (ETH) with 16 filings. According to Balchunas, this is because BTC and ETH ETFs have already been approved by the SEC, so the focus has shifted to other resilient altcoins that are trending and being discussed.
Outside of the big names, a number of other altcoins also received attention. Litecoin (LTC) recorded 5 submissions, while Avalanche (AVAX), Dogecoin , and Polkadot received 4 each.
Altcoins such as SEI, SUI, Hedera (HBAR), Binance Coin , and Cardano (ADA) each recorded 3 ETF filings. Not only major cryptos, tokens such as Pepe Coin (PEPE) that were previously viewed as meme coins are now being monitored by institutions as potential long-term gainers.
Following the previous approval of Bitcoin and Ethereum spot ETFs by the SEC, many market participants perceive that regulatory agencies are beginning to loosen their stance on crypto assets. This has prompted asset managers to move quickly to become early players in a market that is predicted to surge.
According to analysts, crypto ETFs can provide benefits such as high liquidity, better transparency, as well as legal access for institutional investors. This could be an important catalyst for the adoption of cryptocurrencies as a legitimate and globally recognized asset class.
If the SEC approves most of the 155 filings, the market could experience a huge surge due to the inflow of institutional capital. According to Bitcoin.com News projections, the cryptocurrency market could experience a structural strengthening as ETFs will open doors for pension funds, large financial institutions, and traditional investment managers.
With ETFs targeting the top cryptos â from Bitcoin to Solana and altcoins â retail investors also benefit from less volatility and more stable prices. Some altcoins are even predicted to surge if they receive widespread institutional attention through these ETF products.
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