Analysts say there is no Pi Network ETF in sight, stressing the need for true price discovery, liquidity, regulatory maturity and regulated custody before any filing.
Summary
- According to industry observers and ActuFinance analysis, no Pi Network ETF exists and no issuer has filed or announced any plans.
- ActuFinance says Pi needs a reliable public price, stronger trading volume, clearer regulation and a regulated custodian before institutional ETF interest.
- A rumored MiCA-compliant Pi listing on OKX Europe in late 2025 could boost liquidity, but an ETF is still dependent on sustained stability and transparency.
No Pi Network exchange-traded fund currently exists and, according to industry observers, no documents or official announcements have been made regarding such a product.
Analysts at ActuFinance have done so outlined several criteria that Pi Network would have to meet before institutional consideration of an ETF could occur.
Why are there no Pi Network ETFs?
According to the analysis, the cryptocurrency would require a public and widely accepted market price. Pi Network currently displays a visible price on multiple platforms, although the network is experiencing recent fluctuations, the analysts said.
Strong liquidity represents another key requirement, the report said. ETF issuers need sufficient trading volume to execute large trades. According to market data, Pi Network’s (PI) current trading volume remains significantly lower than that of major cryptocurrencies.
Regulatory maturity is a necessary component, the analysts said. Regulators need assets that are verifiable, traceable and protected from tampering. Pi Network continues to move toward greater transparency and compliance, although additional development is needed to demonstrate maturity at the institutional level, according to the analysis.
The ETF functionality would require a regulated custodian that can securely store the tokens, the report said. No traditional financial institution currently holds Pi Network tokens in a regulated environment. Depositary approval and full network accessibility would be necessary requirements according to ActuFinance.
If Pi Network achieves full listing status, openness and stability, an ETF structure could theoretically be created, the analysts said. Such a product would contain real Pi tokens managed by a regulated custodian, with regular reporting to maintain transparency. The ETF price would track Pi Network’s market value, allowing investors to gain exposure through standard brokerage accounts.
Market observers have noted that a major network update is reportedly scheduled for November 28. A MiCA-compliant listing on OKX Europe is expected on November 28, 2025, which could impact trading volume and liquidity, according to industry reports.
The creation of a Pi Network ETF would depend on the cryptocurrency achieving stable prices, increased liquidity, regulatory approval and a trusted custody agreement, the ActuFinance analysis concluded.
