Standard Chartered analyst Kendrick said that cryptocurrency ETFs such as Solana (SOL) and XRP (XRP) could be approved in 2025.
Following the recent approval of Spot Ethereum exchange-traded funds (ETF), Standard Chartered Bank analyst Geoffrey Kendrick says that the next chapter of crypto ETFs may be around the corner in 2025.
For other coins (eg. $SOL , $XRP ) markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story not a 2024 one," Kendrick, head of forex and digital assets research at Standard Chartered Bank, said Friday in a statement to The Block.
Authorities in Thailand have decided to block “unauthorized” crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, according to an announcement on Friday.