Crypto ETFs face inevitable survival battle as SEC approval looms

With the U.S. Securities and Exchange Commission (SEC) expected to approve a large number of the over 90 cryptocurrency ETF applications filed as early as this fall, industry experts are predicting both an expansion into institutional markets and the potential for many products to be delisted early, CoinDesk reported, citing multiple specialists. Nate Geraci, president of Novadius Wealth Management, stated that the success or failure of ETFs ultimately depends on investor choice. He suggested that there is underestimated demand for a variety of crypto ETFs, considering the initial interest seen in spot Bitcoin and Ethereum ETFs. Bloomberg ETF analyst James Seyffart noted that while numerous crypto ETFs will launch in the coming months, some will likely disappear from the market within a few years. He cautioned that it would be a mistake for altcoin-based ETFs to expect the same level of performance as Bitcoin ETFs, but added that it is also wrong to assume all such products will fail.