According to @EricBalchunas, crypto ETF filings are accelerating so quickly that there may soon be more crypto ETF filings than stocks, signaling an unusually heavy wave of issuer submissions across the crypto ETF pipeline (source: @EricBalchunas on X, Aug 28, 2025). For trading desks, the comment directs attention to ETF filing feeds and SEC dockets as timely indicators of issuer activity and upcoming product pipelines in the crypto fund market (source: @EricBalchunas on X, Aug 28, 2025).