Direxion files for 92 ETFs in single batch

Direxion has submitted a filing for 92 exchange-traded funds (ETFs) in a single batch, a move that the firm claims could potentially set a world record [1]. This massive submission arrives during a period of heightened activity in the ETF market, particularly surrounding digital assets [1].

Key takeaways

• Direxion filed for 92 ETFs in a single batch, potentially setting a world record [1].
• As of late August 2025, 92 crypto ETFs were awaiting SEC approval, with most facing October 2025 deadlines [1].
• Solana and XRP lead the pending crypto ETF applications with eight and seven filings respectively [1].
• Direxion is a veteran of leveraged funds, having launched the first 3X leverage ETFs in 2008 [2].
• Major exchanges proposed standardized listing criteria for digital asset ETFs in July 2025 to accelerate the approval pipeline [1].