#加密ETF申请热潮涌现
In 2024, the cryptocurrency market witnessed historic developments, especially in the field of cryptocurrency exchange-traded funds (ETFs). On January 11, the U.S. Securities and Exchange Commission (SEC) officially approved the listing of Bitcoin spot ETFs. The trading volume on the first day reached $4.6 billion, with a net inflow of $628 million. As of December, the total assets under management of U.S. crypto ETFs exceeded $122.39 billion, accounting for about 1.2% of the total U.S. ETF market size.
Hong Kong also launched Bitcoin and Ethereum spot ETFs in April, raising approximately HKD 2 billion (about $293 million) on the first day, with a trading volume of about $12.7 million. This move further promoted the legitimization of crypto assets globally.
The launch of the Ethereum spot ETF in the U.S. also garnered significant attention. On July 23, the SEC approved the Ethereum spot ETF, with the first-day trading volume exceeding $1.019 billion and a net inflow of $106.6 million. However, investor interest in the Ethereum ETF was slightly less than that for the Bitcoin ETF. As of December, the Ethereum ETF attracted nearly $7 billion in investments.
Additionally, other crypto asset ETFs are actively applying. For instance, spot ETF applications for Solana and XRP are underway but face regulatory challenges. SEC Chairman Gary Gensler has stated that these tokens might be considered unregistered securities. Nevertheless, market demand for these products continues to grow, and more such ETFs are expected to be launched in the future.
Looking ahead, as crypto assets are gradually accepted by mainstream financial markets, it is anticipated that by 2025, more varieties of cryptocurrency ETFs will be listed. However, the uncertainty of the regulatory environment remains a key factor affecting this process. Investors should closely monitor regulatory developments to assess related investment opportunities and risks. $SOL $XRP