2024 is the Year of 'ETF' in Cryptocurrencies! Which Projects' ETFs Could Be Approved in 2025? Here Are Expert Opinions.
The cryptocurrency exchange-traded fund (ETF) market is poised for a transformative 2025 based on significant improvements in regulation, product diversity, and institutional adoption.
Crypto ETFs in 2025: What's Next for Solana, Hedera, and More?
With the establishment of Bitcoin and Ethereum ETFs, industry experts predict a new wave of crypto ETFs supported by a maturing regulatory environment, including those for altcoins like Solana and Hedera.
The crypto ETF market has experienced unprecedented growth in 2024. Spot Bitcoin ETFs, approved earlier in the year, currently hold more than 5% of Bitcoin's total supply.
This is more than the estimated 1.1 million BTC attributed to Satoshi Nakamoto. Spot Ethereum ETFs followed in July, opening the door to wider adoption of digital asset ETFs.
Nathan McCauley, CEO of Anchorage Digital, highlighted the rapid development of the market:
"The story of crypto ETFs is one of continued maturation, with diversified custody providers and approvals of Bitcoin ETF options making the space more accessible to both institutional and retail participants."
Jay Jacobs, head of thematic ETFs at BlackRock, said:
"We are just at the tip of the iceberg with Bitcoin and Ethereum ETFs. A very small portion of our clients own these products, which remains our focus before moving into altcoin ETFs."
The inauguration of a new US administration in 2025 and the resignation of SEC Chairman Gary Gensler mark a significant shift in crypto regulation. Paul Atkins, a crypto-friendly appointee, will lead the SEC, encouraging optimism for clearer guidelines and broader ETF approvals.
ETF Store President Nate Geraci expressed optimism:
"The crypto regulatory winds have shifted and there is growing optimism about additional ETF approvals. Industry insiders are particularly bullish on the Solana ETF.