US Markets Logged 124 Crypto ETP Applications in 2025

Bloomberg data shows Bitcoin products led US crypto ETP filings in 2025, with notable interest also in multi-asset baskets, XRP, Solana, and Ethereum.

BTC

ETH

SOL

90d ago

Summary

Bloomberg ETF analyst Eric Balchunas reported that by the end of 2025, US regulators received 124 crypto-related exchange-traded product (ETP) registrations. Bitcoin led with 21 filings, followed by baskets containing multiple assets (15), XRP (10), Solana (9), and Ethereum (7). This highlights diversified investor interest across both leading and emerging cryptocurrencies.

Terms & Concepts

ETP (Exchange-Traded Product): A type of security that derives its value from underlying investments, including cryptocurrencies, and is traded on stock exchanges.
Basket Product: An investment vehicle comprising multiple assets bundled together, allowing diversified exposure in a single trade.
XRP: A cryptocurrency developed by Ripple Labs designed for fast cross-border payments.