Over 30 Crypto ETF Applications Filed with SEC, Geraci Predicts More

The cryptocurrency ETF landscape is experiencing unprecedented momentum as the SEC grapples with over 30 digital asset ETF applications, signaling massive institutional interest in Bitcoin and blockchain-based investment products. This surge in applications represents a pivotal moment for the crypto market, as traditional finance increasingly embraces cryptocurrency integration.

Industry expert Geraci predicts even more ETF filings ahead, suggesting the current wave is just the beginning of mainstream crypto adoption. These ETF applications span various digital assets beyond Bitcoin, potentially including Ethereum and other major cryptocurrencies, which could dramatically expand investor access to the crypto market.

The influx of cryptocurrency ETF applications highlights growing institutional confidence in blockchain technology and digital assets as legitimate investment vehicles. If approved, these ETFs could trigger significant capital inflows into the crypto ecosystem, potentially driving substantial price movements across major cryptocurrencies.

This development marks a crucial regulatory milestone that could reshape how traditional investors access cryptocurrency markets, making DeFi and blockchain investments more accessible through conventional brokerage accounts. The SEC's handling of these 30+ applications will likely set precedents for future crypto ETF approvals and mainstream adoption.