Bloomberg ETF analyst Eric Balchunas said there are now 72 crypto-related ETFs sitting with the U.S. Securities and Exchange Commission awaiting approval to list or list options. The pending lineup spans a wide range of assets, including XRP, Litecoin, Solana, Dogecoin, Pudgy Penguins, and even leveraged products tied to Melania-themed tokens, reflecting how far issuers have expanded beyond the original bitcoin and ether ETF playbook. The broader context is that spot bitcoin ETFs were approved by the SEC in January 2024, which helped open the door for a second wave of filings tied to other digital assets. Since then, issuers have kept filing for more specialized products, and reporting indicates the queue has continued to grow rather than shrink, with one source noting the number rose from 72 pending crypto-related ETFs in April to 92 cryptocurrency ETFs awaiting approval by the time of a later update. The significance is that the SEC now faces a much larger and more diverse set of crypto ETF decisions, making 2025–2026 a potentially crowded and contentious period for approvals, denials, and rule changes around crypto market access.

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