Despite the ongoing weakness in the cryptocurrency market, ETF development around digital assets has not slowed down. Several asset management firms are still submitting new product applications to regulators, demonstrating that institutional long-term demand for digital asset funds remains confident.
This month, Bitwise Asset Management submitted an ETF application related to Uniswap, and ProShares also plans to launch leveraged Bitcoin and Ethereum ETFs. Meanwhile, 21Shares resubmitted fund proposals based on Ondo and Sei, indicating that these projects are steadily progressing. Industry insiders believe these moves reflect issuers positioning themselves early during the market downturn, aiming to gain a first-mover advantage when sentiment recovers.
Strategas Chief ETF Strategist Todd Sohn told Bloomberg that institutions like 21Shares and Bitwise still see long-term potential in cryptocurrencies, but short-term weak performance may put some pressure on capital inflows. Currently, over 140 crypto-themed ETFs are trading in the U.S. market, with about 10 more expected to launch this year, and there is even potential for products like BNB staking ETFs in the future.
However, price declines have significantly impacted investor sentiment. After last October’s sell-off, Bitcoin has fallen again, dragging down a series of small and mid-cap tokens. Tight liquidity and reduced risk appetite have led some investors to temporarily exit the market.
Data from Glassnode shows that the average purchase cost for U.S. spot Bitcoin ETFs is around $84,100, while current prices hover near $66,000, causing many holders to be in unrealized losses. In recent months, Ethereum ETFs have experienced outflows exceeding $1.5 billion, while Bitcoin ETF outflows have surpassed $3.5 billion.
Nevertheless, ETF issuers continue to expand their product lines, indicating they are not shaken by short-term volatility. Market observers believe that as regulatory frameworks become clearer and institutional participation increases, cryptocurrency ETFs will remain an important bridge connecting traditional finance with digital assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin ETFs See $291 Million Outflow as Ether Gains $9 Million
Bitcoin exchange-traded funds (ETFs) opened the week with heavy outflows, reversing last week’s momentum. Ether ETFs posted modest gains, while XRP declined, and solana activity stalled.
Key Takeaways:
Bitcoin ETFs saw $291.11 million outflows led by Fidelity FBTC, signaling renewed caution.
Et
Coinpedia31m ago
Bless Project Transfers 300M $BLESS Worth $3.83M Across Solana and BSC in 9 Hours
The Bless project transferred 300 million $BLESS tokens worth $3.83 million across Solana and BSC. 200 million were deposited into a CEX, and 56.76 million have been sold on BSC, with more sales ongoing.
GateNews34m ago
Bhutan Sells $18.46M BTC in 24 Hours, $264M Holdings Remain
Bhutan sold about $18.46 million in Bitcoin recently, retaining around 3,524 BTC valued at $264 million. Their strategy has shifted from accumulation through hydropower mining to active liquidation, having sold $198 million since 2026. Further sales could reduce holdings significantly by September 2026.
GateNews1h ago
Will the WLFI token be locked up until Trump is ousted? Justin Sun was ruthlessly “harvested” like a sucker, and bitterly condemned “world tyranny.”
Donald Trump’s family crypto project WLFI has rolled out a new governance proposal that would extend the token lock-up period for early investors to four years, sparking strong opposition from investors including Justin Sun. Sun criticized the proposal as a “threat,” and believes it is coercion directed at investors. WLFI, meanwhile, said the proposal can help ensure a healthy market and that it is facing legal challenges from outside the organization.
ChainNewsAbmedia3h ago
XRP Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery
XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.
GateNews4h ago
Bitcoin Drops Below $73,000 as Long-Term Holders Take Profits and ETF Inflows Slow
Bitcoin fell below $73,000, its lowest in over three weeks, as long-term holders booked profits and spot ETF demand weakened. This triggered significant liquidations in derivatives, causing a 4% drop in total crypto market capitalization.
GateNews4h ago
