KraneShares Files for Coinbase 50 Index ETF with SEC

KraneShares submitted a filing to the U.S. Securities and Exchange Commission on June 26, 2025, to list the Coinbase 50 Index ETF. The ETF aims to reflect price movements of the top 50 cryptocurrencies, including Bitcoin, Ethereum, and XRP.

KraneShares, an asset management firm, is advancing its agenda by proposing a Coinbase 50 Index ETF. The ETF, once approved, plans to track the top 50 cryptocurrencies. These include Bitcoin, Ethereum, and XRP, which constitute around 80% of the fund’s portfolio. The entity filing this ETF is Krane Funds Advisors, LLC.

KraneShares Eyes Major Crypto ETF Approval

With the potential approval of this ETF, financial markets might experience enhanced liquidity and broader access to cryptocurrency investments. The significance of this move is reflected in the anticipated broad exposure to various digital assets, though explicit capital allocations remain unspecified in the filing documents.

Industry expectations posit a surge of similar ETF proposals, as noted by Nate Geraci. His viewpoint suggests that the market’s appetite for crypto index ETFs may trigger a series of filings by other firms, though none have publicly followed suit yet.

Historical Approvals Show Strong Impact on Crypto Prices

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In previous cryptocurrency ETF filings, approval has led to notable price increases in underlying assets. Historically, such approval spikes have concentrated capital mainly in BTC and ETH, impacting their market dynamics.

Bitcoin (BTC) is currently priced at $106,966.21, with a market cap of formatNumber(2126953832260, 2) and dominance of 64.97%, per CoinMarketCap. The 24-hour trading volume shows a slight fluctuation of 0.18%. Over the past 90 days, BTC gained 29.30%, reflecting a steady growth trend.

Coincu research suggests the filing could increase the U.S. regulatory body’s openness to broader ETF acceptance. The long-term outcome could see more diverse crypto portfolios being introduced to mainstream financial markets, granting investors more options.