Bloomberg analysts Eric Bartunas and James Seyfarth expect a wave of new cryptocurrency ETFs next year after the change in SEC leadership.
Both analysts predict a wave of new ETFs, including ETFs combining #bitcoin and ether, litecoin funds and
Bloomberg analysts Eric Bartunas and James Seyfarth say investors will see several new #cryptocurrency funds launch next year. '
' Bloomberg senior #ETF analyst Bartunas wrote in X on Tuesday that he expects a wave of cryptocurrency ETFs next year, though not all at once.
November. After Donald Trump was elected president and Gary Gensler announced he would step down as chairman of the U. S. Securities and Exchange Commission, there was optimism that new cryptocurrency ETFs could be approved once the new administration takes office in January. Gensler is often seen as an opponent of digital assets and cryptocurrency-based investment products, but major Wall Street players have launched dot-com-style bitcoin ETFs, attracting tens of billions of dollars in investments.
Hashdex, Franklin [Templeton ], Bitwise's dual bitcoin and ethereum ETFs are likely to be the next point cryptocurrency ETFs to be approved.
Proposals to launch #Solana and XRP ETFs have already been submitted, but are unlikely to be approved before President Trump takes office and a new SEC chairman is appointed.
Seyffarth believes there is a good chance that Litecoin and HBAR ETFs will be approved before other new products, but he is not sure there is investor demand for them.
says they can't be called securities.
ETF Solana and even Dogecoin ETFs could be registered in 2025, The Block previously reported. I think it's very likely that the Solana ETF will be approved by the end of next year at the latest, Nate Geraci, president of ETF Store, told The Block in an interview last month, and Alexander Blum, CEO of
success.
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