Analysts foresee a wave of crypto ETFs in 2025, including LTC, HBAR, XRP, and Solana, under pro-crypto SEC leadership.
Litecoin and HBAR ETFs could gain approval next, as neither has been classified as a security by the SEC.
Donald Trump's election fuels optimism for crypto-friendly policies, with Paul Atkins set to lead the SEC in 2025.
Bloomberg analysts anticipate a significant rise in cryptocurrency ETFs in 2025. The changes follow expected leadership shifts at the SEC. Senior ETF Analyst Eric Balchunas shared the projection, emphasizing that several new ETFs may launch next year.
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These launches will include dual Bitcoin and Ethereum ETFs. Additionally, ETFs for Litecoin (LTC), Hedera (HBAR), XRP, and Solana are under consideration. James Seyffart's report for Bloomberg highlights potential approvals for dual Bitcoin and Ethereum ETFs by firms like Hashdex, Franklin Templeton, and Bitwise.
Litecoin and HBAR ETFs Likely Next
Litecoin and HBAR ETFs stand out as likely candidates for approval. Both have avoided classification as securities by the SEC. Analysts believe the SEC may view Litecoin as a commodity due to its status as a Bitcoin fork. Seyffart indicated XRP and Solana ETFs might face delays. Approval will likely depend on the next SEC administration’s regulatory stance.
Donald Trump’s election victory and Gary Gensler’s planned departure as SEC Chair have fueled optimism in the crypto industry. Gensler faced criticism for resisting digital asset products despite strong market interest in Bitcoin ETFs.
Furthermore, President-elect Trump’s nomination of Paul Atkins as SEC Chair has strengthened hopes for regulatory changes. Atkins, a known crypto supporter, is expected to implement a more lenient framework for blockchain-based investments.
Additionally, Balchunas humorously speculated about the possibility of a Dogecoin ETF. While unconventional, the idea reflects growing diversification in crypto products. Analysts acknowledge that even unlikely ETFs could emerge in the evolving market.
Pro-Crypto Shift Expected Under New SEC Leadership
The transition to pro-crypto leadership signals a pivotal moment for blockchain investments. Analysts anticipate that relaxed regulations will unlock innovation across the crypto ETF market. The anticipated ETF wave reflects growing confidence in the potential of blockchain technology.
With Litecoin and HBAR leading the way, more assets may follow. The changes are set to create a fairer and more accessible landscape for cryptocurrency investment products. As SEC policies evolve, the market outlook for crypto ETFs remains bright.
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