Crypto ETF: What To Expect from BTC, ETH, and XRP ETF in May 2025?

The crypto ETF industry is gaining high attention and momentum, beginning with the high inflows in the Bitcoin (BTC) exchange-traded fund. Although to this day, only two spot ETFs have been approved, more than 72, including XRP filings, await the U.S. Securities and Exchange Commission (SEC) approval. Let’s discuss what’s coming next.

There are 72 ETF filings for Crypto ETFs, with a decision due this year.

We are FAR from being done. pic.twitter.com/RREDBa1JS6

— THG (@CryptoTHG) April 23, 2025

Crypto ETF Delayed After SEC’s Review

The approval of BTC and ETH ETF opened the possibility of many others’ approval. However, despite the crypto ETF filing, the SEC decision on 72 filings remains under review. April was anticipated to bring better clarity from the SEC on some of these exchange-traded funds, like Franklin Templeton’s XRP spot ETF, but that has been postponed until June.  Fidelity’s ETH ETF staking provisions also got delayed.

In a recent X post, a Bloomberg analyst anticipated further delay, claiming that this could extend till October 2025 or later. Experts claim a better response could come with Paul Atlins joining the SEC office fully before anticipating potential approval in Q3-Q4 2025.

We also had the SEC delay decisions on Ethereum Staking and Dogecoin ETFs today. I am expecting more delays today or at least this week on some Solana and Hedera/HBAR ETF filings. This is expected IMO. Final deadlines for most of this stuff is in October 2025 or later. https://t.co/kOZNCSjy6c

— James Seyffart (@JSeyff) April 29, 2025

BTC, ETH ETF Inflow Returns While XRP ETF Remains Stranded

Bitcoin ETF was the first to get the SEC’s approval in early 2024, gaining a total volume of $2.54 billion. The total asset management comes at $113.62 billion, with the total market cap of $112.33 billion. Due to its popularity, it pushed the Bitcoin price to new highs.

Although Ethereum ETF gained less popularity than the other, it is still in demand. Its market cap sits at $177.15 billion, with total volume of $177.15 million and total AUM of $8.69 billion, per Coinglass data. However, the crypto market crash amid the Trump trade war affected the performance of these exchange-traded funds, but they recovered recently.

CoinGape earlier reported that spot Bitcoin ETFs inflow stood at $591M and $172.8M on Monday and Tuesday, respectively. At the same time, ETH witnessed $35.81k and $10.23k, but more is anticipated with investors’ bullish sentiments.

What to Expect from Crypto ETF in May 2025?

In contrast to early anticipation, there’s not much new around crypto ETF in May 2025. However, the CME futures XRP ETF launch is set to happen on May 19. This could influence other updates on the matter, especially as Paul Atkins’ participation increases.

Besides, the SEC has shifted its regulatory stance on cryptocurrencies. As a result, some better updates on altcoin ETF approval can be anticipated for the upcoming months, but uncertainty remains. In case of already launched exchange-traded funds, better inflows may begin. This is due to financial market recovery amid Fed rate cuts and other macroeconomic events.