#اخبار_الكريبتو_العاجلة #عملات_رقمية #اقتصاد_رقمي #wct $XRP
More than 100 exchange-traded investment funds for cryptocurrencies are expected to be launched in 2026, with over 126 applications pending approval from the U.S. Securities and Exchange Commission.
A Bloomberg analyst expects widespread liquidations by the end of 2027 due to weak investor interest.
The cryptocurrency investment market is expected to undergo a significant transformation next year. Projections indicate the launch of more than 100 new products traded on exchanges. However, some stakeholders in the sector have expressed concern that a large number of these products will not be able to continue their activities after 2027 due to a lack of investors and a decline in asset accumulation.
Market saturation threatens new products
According to James Seifart from Bloomberg, a major liquidation of cryptocurrency exchange-traded products (ETPs) is expected by the end of 2026 or during 2027, despite the anticipated wave of launches. Currently, there are more than 126 applications awaiting approval from the U.S. Securities and Exchange Commission, leading to significant market saturation, as issuers experiment with many products simultaneously.
Concerns about the sustainability of products reinforce historical trends, as 622 exchange-traded funds (ETFs) were closed globally last year, including 189 funds in the United States alone. The average age of U.S. exchange-traded funds scheduled for closure in 2023 is 5.4 years, according to research by Morningstar. The main reasons for the failure of these funds are a lack of sufficient cash flows and a decline in managed asset value, making profitability impossible.
The regulatory environment underwent a fundamental change when the U.S. Securities and Exchange Commission set general listing standards in September, leading to the cancellation of individual application reviews. With this change, approvals accelerated; however, it also allowed for the possibility of more speculative products being launched in the market, including exchange-traded funds linked to digital currencies, such as Melania Trump's coin.
Various investment tools in digital currencies have shown highly varied results in market performance recently. Within a few weeks of starting trading in January 2024, Bitcoin exchange-traded funds attracted massive inflows of $57.6 billion, while Ethereum products, after their launch in July 2024, could only gather $12.6 billion. The latest offerings are witnessing slower growth rates, as leading Solana exchange-traded funds have managed to collect only $725 million since the end of October.
Indeed, many products responded to market demands this year, including two strategies from ARK 21Shares focusing on Bitcoin and Ethereum. The shift from Bitcoin and Ethereum towards alternative coins like Litecoin, Solana, and XRP has seen moderate success; however, there are still doubts about the market's ability to absorb hundreds of new products competing for the capital of a few investors.$SOL
