US-based investment firm RexShares, in collaboration with Osprey Funds, another experienced institution in digital asset management, has simultaneously filed applications with the US Securities and Exchange Commission (SEC) for 21 different altcoin-based ETFs (exchange-traded funds). This development stands out as one of the most noteworthy recent developments in the cryptocurrency market. This is because no investment firm has ever filed an ETF application for such a broad altcoin portfolio simultaneously.
This situation shows that the traditional financial world is now beginning to take an interest not only in leading cryptocurrencies such as Bitcoin and Ethereum, but also in a wider range of altcoins. The altcoins included in the applications consist of both established projects and innovative networks that have grown rapidly in recent years. According to initial findings, the application list includes projects such as Cardano (ADA), Avalanche (AVAX), Polkadot (DOT), Chainlink (LINK), Litecoin (LTC), Stellar (XLM), Sui (SUI), Hedera (HBAR), Sei (SEI), Hyperliquid (HYPE), Cronos (CRO), TAO (Bittensor), Injective (INJ), Aave (AAVE), and Uniswap (UNI). This list has not yet been officially disclosed in SEC documents, but information verified by crypto news sources and industry analysts indicates that most of these altcoins are included in the application files.
This move by RexShares and Osprey Funds is seen as more than just creating a new investment product; it is also considered an important step in terms of the institutional acceptance of crypto assets. This is because ETFs make it easier for large institutional investors and traditional funds to access crypto assets. Investors who do not normally trade directly on crypto exchanges or who stay away from this market due to a lack of technical knowledge can invest in these assets through ETFs on the stock exchange. This is expected to create a new and regular capital inflow into the altcoin market. The approval of such ETFs, especially in the world’s largest financial market, the US, could increase the visibility and credibility of altcoins on a global scale.
Another noteworthy detail in the applications is the inclusion of a “staking” feature in some ETF models. This system allows investors to earn income not only from price increases but also from staking rewards on the network. The adoption of such hybrid ETF models is seen as a logical step, especially for projects with strong staking ecosystems such as Cardano (ADA), Avalanche (AVAX), and Polkadot (DOT). This way, investors can benefit from staking revenues without performing technical operations directly on the chain. This situation could create a natural upward effect on prices in the long term, as it will lead to an increase in the ratio of locked tokens on the networks and a decrease in the circulating supply. The impact of this application on the market is not limited to the technical or financial level; it also carries an element of psychological confidence. Such a comprehensive application to the SEC sends the message to investors that “altcoins are now seen as serious investment instruments.” This could partially eliminate the lack of confidence, one of the biggest problems the crypto market has been struggling with for a long time. Furthermore, this situation could pave the way for other asset management companies to take similar steps. In other words, RexShares’ move has, in a sense, kicked off ETF competition. If the SEC approves some of these applications, it is expected that major investment companies such as BlackRock, Fidelity, or VanEck will also create similar altcoin ETFs.
Conclusion
Ultimately, RexShares’ application for an ETF based on 21 different altcoins can be seen not just as an investment move, but as a significant turning point in crypto finance history. This initiative is a concrete sign that digital assets are no longer merely speculative tools of interest to individual investors, but are beginning to integrate into the institutional framework of the global financial system. If the SEC approves some or all of these applications, the long-awaited “legitimization” process in the crypto market will reach a new level. These approvals could boost investor confidence both in the US markets and globally. Institutional investors’ appetite for risk, in particular, could increase with ETFs operating under legal certainty. This situation could create billions of dollars in new capital inflows to altcoin markets. As a result, in the long term, not only price increases but also ecosystem growth, project financing, and accelerated technological innovation could come to the fore. On the other hand, the SEC’s stance on these applications will also be decisive for the future of crypto regulations. If the agency takes a more flexible and innovative approach this time, it could encourage other financial institutions to take similar steps. Considering that giants like BlackRock, Fidelity, and VanEck are already present in the market with Bitcoin and Ethereum ETFs, RexShares’ altcoin ETFs could diversify this process further and symbolize the beginning of a “multi-layered crypto investment era.”
Disclaimer
The information and analysis presented herein are for informational purposes only and do not constitute investment advice. Cryptocurrency investments carry high risks due to volatility and regulatory uncertainty. Readers should conduct independent research or consult financial professionals before making investment decisions. Darkex assumes no liability for financial losses resulting from reliance on this content.
