That’s a significant milestone — and it really highlights how quickly traditional finance is integrating with digital assets.
Here’s a quick breakdown of what that expansion could mean:
1. Broader Market Access
ETFs make it easier for both retail and institutional investors to gain crypto exposure without directly handling tokens or private keys. As more asset managers launch products, competition could lower fees and broaden accessibility.
2. Diversification Beyond Bitcoin and Ethereum
The mention of 35 different digital assets suggests that we’re moving beyond BTC and ETH. Expect to see filings for assets tied to Layer-1s (like Solana or Avalanche), DeFi tokens, and even staking-related products.
3. Regulatory Momentum
The growing number of filings indicates regulators worldwide are becoming more open to crypto-linked products — though the pace and rules differ regionally (the U.S., Europe, Hong Kong, and the Middle East are all taking distinct approaches).
4. Potential Next Phase: Multi-Asset & Thematic Crypto ETFs
We may soon see index-style or thematic funds (e.g., “Web3 infrastructure ETF” or “DeFi yield ETF”), mirroring trends in equities.
Would you like me to summarize which countries or regions currently lead in crypto ETF approvals and filings?