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.