{"id":21873,"date":"2026-02-11T23:11:33","date_gmt":"2026-02-11T23:11:33","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-etfs-are-here-to-stay-downturn-be-damned\/"},"modified":"2026-02-11T23:11:47","modified_gmt":"2026-02-11T23:11:47","slug":"crypto-etfs-are-here-to-stay-downturn-be-damned","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-etfs-are-here-to-stay-downturn-be-damned\/","title":{"rendered":"Crypto ETFs are here to stay, downturn be damned"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Despite a bearish cryptocurrency market, ETF issuers continue to push forward with new filings, betting that demand for digital asset funds will remain strong. <\/p>\n<div id=\"cn-block-summary-block_969a7faa30534a014531e0896f950010\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ETF issuers like Bitwise, ProShares, and 21Shares are advancing with new filings, including plans for Uniswap-linked and leveraged Bitcoin\/Ether ETFs.<\/li>\n<li>The crypto ETF market is crowded, with over 140 existing funds, 10 new launches this year, and more expected.<\/li>\n<li>Bitcoin\u2019s sharp price drop has led to significant losses for ETF buyers, with $1.5 billion withdrawn from Ether ETFs and over $3.5 billion from Bitcoin ETFs in the past three months.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>This month, Bitwise Asset Management filed for a Uniswap-linked ETF, while ProShares sought approval for leveraged Bitcoin and Ether ETFs. 21Shares also resubmitted plans for funds based on Ondo and Sei, signaling progress in its efforts.<\/p>\n<p>Todd Sohn, chief ETF strategist at Strategas, told <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-11\/etf-issuers-press-ahead-with-crypto-funds-despite-selloff?srnd=phx-crypto\" target=\"_blank\" rel=\"nofollow\">Bloomberg<\/a> that while firms like 21Shares and Bitwise remain committed to the long-term potential of crypto, ongoing poor performance could affect future flows.<\/p>\n<p>This comes amid a crowded market, with over 140 crypto-focused US ETFs already trading, and 10 more launched this year. A BNB staking ETF is expected soon.<\/p>\n<p>Cryptos have faced renewed pressure after October\u2019s selloff, with Bitcoin falling sharply, dragging smaller tokens down. Investors are stepping back as liquidity tightens and risk appetite wanes.<\/p>\n<p>Data from Glassnode shows that buyers of U.S. spot-Bitcoin ETFs are sitting on average paper losses, having bought Bitcoin at around $84,100 per coin, while the price now hovers near $66,000. This has led to significant outflows, with over $1.5 billion withdrawn from Ether-focused ETFs and more than $3.5 billion pulled from Bitcoin ETFs in recent months.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite a bearish cryptocurrency market, ETF issuers continue to push forward with new filings, betting that demand for digital asset funds will remain strong. Summary ETF issuers like Bitwise, ProShares,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=21873"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21873\/revisions"}],"predecessor-version":[{"id":21874,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/21873\/revisions\/21874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8657"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=21873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=21873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=21873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}