For investors, the coming wave of crypto ETFs represents both opportunity and risk.
The SEC may soon approve more than 90 products tied to bitcoin, ether, Solana, XRP and other assets. Some will likely flourish — BlackRock’s bitcoin ETF has already amassed $85 billion — but many will struggle to attract flows.
“The ETF market is ruthless,” said Nate Geraci of NovaDius. “Investors vote with their dollars.”
Recent inflows into ether ETFs ($10 billion since July) highlight growing appetite. Still, Bloomberg’s James Seyffart warns: “Expect closures. Not every altcoin can support multiple ETFs.”
The bottom line: ETFs will simplify crypto access, but only a select few will deliver lasting value.
