In a recent post on X, renowned crypto journalist Eleanor Terrett reported that the number of crypto exchange-traded product (ETP) filings has reached 155 since January 2024. She made this known while referencing data from Bloomberg ETF analysts James Seyffart and Eric Balchunas.
Notably, these filings now track 35 different cryptocurrencies, including XRP, Solana, and Litecoin, underscoring what Balchunas called a “total land rush” in regulated digital asset products.
According to Bloomberg’s @JSeyff, there have been 155 ETF filings tracking 35 different coins since January 2024.
Crypto ETF season has commenced. ⬇️ https://t.co/GUczwExftt
— Eleanor Terrett (@EleanorTerrett) October 21, 2025
He predicted that this figure could easily surpass 200 within the next twelve months as asset managers rush to secure early positions in the market. The wave of filings shows growing institutional confidence in the crypto sector, with the Bloomberg team describing the trend as the official start of “crypto ETF season.”
XRP, Solana, and Litecoin Lead Filing Counts
Among the 35 cryptocurrencies, Solana, XRP, and Litecoin have emerged as the primary targets for ETF issuers. Solana and Bitcoin currently share the lead in total filings, with each seeing 23 applications, respectively. XRP follows closely with around 20 ETF applications.
Ethereum (ETH) and multi-asset basket ETFs, which combine several cryptocurrencies, each account for about 10 filings. Litecoin, despite its smaller market capitalization, has drawn five ETF applications.
The U.S. Securities and Exchange Commission is currently reviewing several of these filings. Litecoin’s ETF proposal was initially due for a decision on October 2, followed by Solana’s on October 2 and XRP’s on October 17. However, the SEC did not issue a decision due to the ongoing U.S. government shutdown.
Notably, Balchunas recently explained that the SEC’s adoption of generic listing standards now overrides the previous 19b-4 approval deadlines. This means the Commission can approve or deny these applications at any time once the S-1 filings receive clearance from its Division of Corporation Finance.
Crypto ETF Land Rush
Adding to this sentiment, crypto analyst Shanaka Anslem Perera described the ongoing ETF boom as “The ETF Land Rush.” He said decentralized scarcity is merging with centralized liquidity, creating a new structure for capital flow. According to Perera, more than $48.7 billion has already entered crypto ETFs this year, led by funds such as BlackRock’s IBIT, which is nearing $100 billion in assets under management.
Ethereum, Bitcoin, and diversified basket ETFs continue to dominate the filings, while even smaller assets such as Dogecoin and Bonk are gaining traction with four and two filings, respectively.
Evans Kelvin
Brenda Kanana
