List of 72 Crypto ETF Applications Now Under Review by SEC Chair Paul Atkins

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.

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On April 9, 2025, the U.S. Senate confirmed the nomination of President Donald Trump’s pro-crypto pick, Paul Atkins, as chairman of the Securities and Exchange Commission (SEC). Atkins was sworn into office on April 21 as the 34th chairman of the agency.

Less than a week into office, Atkins is said to be facing 72 crypto-related exchange-traded fund (ETF) applications—whether the regulator will approve or reject them. This was according to analyst Eric Balchunas,

What cryptocurrencies are included in these ETF applications?

Tokens with Ongoing Application for an ETF

In alphabetical order. The list of issuers was based on Balchunas’ report on Bloomberg. As of 21, 2025.

Note: The tokens listed are for spot ETF. BitPinas put an additional note for those with other ETF trading applications such as in-kind, staking, and options.

Aptos

What it is: The native token of Aptos, a next-generation Layer 1 blockchain designed for scalability, security, and upgradeability.
Token Ticker: $APT
Issuers Applied for the Token’s ETF: Bitwise

Avalanche

What it is: The native token of Avalanche, a Layer 1 blockchain platform claiming to be fast, versatile, secure, affordable, and accessible.
Token Ticker: $AVAX
Issuers Applied for the Token’s ETF: Grayscale, VanEck

Axelar

What it is: The native token of Axelar, a multichain platform aimed at solving interoperability issues across different blockchains.
Token Ticker: $AXL
Issuers Applied for the Token’s ETF: Canary

Bitcoin

Note: While spot BTC ETFs exist, current applications are for in-kind trading. In-kind trading is when an investor sells their BTC ETF, they will not receive cash, but instead, other kinds of securities and investment assets.

BNB

What it is: The native token of the Binance ecosystem, including BNB Chain, a decentralized wallet, and its centralized exchange.
Token Ticker: $BNB
Issuers Applied for the Token’s ETF: Tuttle Capital

Bonk

What it is: A meme coin on the Solana blockchain, featuring products like Bonk Swap, Bonk BOT, and Bonk Rewards.
Token Ticker: $BONK
Issuers Applied for the Token’s ETF: Tuttle Capital, REX-Ospray

Cardano

What it is: The native token of Cardano, a Layer 1 blockchain using proof of stake for smart contracts.
Token Ticker: $ADA
Issuers Applied for the Token’s ETF: Tuttle Capital, Grayscale

Chainlink

What it is: The native token of Chainlink, a blockchain oracle network transferring tamper-proof data from off-chain to on-chain systems.
Token Ticker: $LINK
Issuers Applied for the Token’s ETF: Tuttle Capital

Dogecoin

What it is: A meme coin featuring a Shiba Inu named Kabosu. Elon Musk is widely regarded as the “DOGE Father.”
Token Ticker: $DOGE
Issuers Applied for the Token’s ETF: Bitwise, REX-Ospray, 21Shares, Grayscale

Ethereum

Note: Spot ETH ETFs exist. Current applications are for in-kind, staking, and options trading.

Hedera

What it is: The native token of Hedera, a public ledger using the Hashgraph consensus for fast and secure transactions.
Token Ticker: $HBAR
Issuers Applied for the Token’s ETF: Grayscale, Canary

Litecoin

What it is: A Bitcoin fork created over concerns about centralization in BTC.
Token Ticker: $LTC
Issuers Applied for the Token’s ETF: Canary, CoinShares, Tuttle Capital

Melania Meme

What it is: A meme coin inspired by former First Lady Melania Trump.
Token Ticker: $MELANIA
Issuers Applied for the Token’s ETF: Tuttle Capital

Official Trump

What it is: A meme coin inspired by President Donald Trump.
Token Ticker: $TRUMP
Issuers Applied for the Token’s ETF: Tuttle Capital, REX-Ospray

Polkadot

What it is: The native token of Polkadot, a multichain protocol enabling blockchain interoperability.
Token Ticker: $DOT
Issuers Applied for the Token’s ETF: Bitwise

Pudgy Penguins

What it is: A token linked to the Pudgy Penguins NFT ecosystem on Ethereum.
Token Ticker: $PENGU
Issuers Applied for the Token’s ETF: Canary

Solana

What it is: The native token of Solana, a Layer 1 blockchain using proof of history and delegated proof of stake.
Note: Applications exist for staking and short trading, in addition to spot ETFs.
Token Ticker: $SOL
Issuers Applied for the Token’s ETF: Tuttle Capital, REX-Ospray, ProShares, Fidelity, 21Shares, VanEck, Grayscale, Canary, Bitwise, Franklin

Sui

What it is: The native token of Sui, a Layer 1 blockchain using transaction parallelization for low-cost transfers.
Token Ticker: $SUI
Issuers Applied for the Token’s ETF: Canary

XRP

What it is: The native token of Ripple, a digital payment network that uses consensus via a group of bank-owned servers.
Note: Applications also exist for short trading of XRP ETFs.
Token Ticker: $XRP
Issuers Applied for the Token’s ETF: Tuttle Capital, Teucrium, REX-Ospray, ProShares, Franklin, CoinShares, Wisdomtree, Canary, Bitwise, 21Shares, Grayscale

This article is published on BitPinas: List of 72 Crypto ETF Applications Now Under Review by SEC Chair Paul Atkins

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