Bloomberg analysts Eric Balchunas and James Seyffart have predicted a surge in cryptocurrency exchange-traded funds in 2025.
Following the approval of Bitcoin (BTC) and Ethereum (ETH) ETFs this 12 months, hypothesis has elevated concerning which crypto ETFs could be launched subsequent. With upcoming management modifications on the SEC, Balchunas and Seyffart shared their insights on X and mentioned their outlook for the cryptocurrency market.
“We count on a wave of cryptocurrency ETFs subsequent 12 months, albeit not unexpectedly,” Balchunas shared on X. His optimism aligns with SEC Chair Gary Gensler’s impending departure, anticipated in January, following Donald Trump’s election victory.
Gensler, typically criticized for his cautious stance on crypto, has been seen as a big roadblock to the approval of recent digital asset funding merchandise.
HBAR and LTC ETFs?
The analysts forecast that twin Bitcoin and Ethereum ETFs from companies like Hashdex, Franklin Templeton, and Bitwise are more likely to lead the cost. Seyffart added that Litecoin (LTC) and Hedera (HBAR) ETFs may observe, citing their classification as commodities or belongings not deemed securities by regulators.
Balchunas said that the most probably sequence of occasions is “btc + eth combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR (bc not labeled safety).”
Seyffart famous that Solana (SOL) and XRP (XRP) ETFs face authorized delays. These belongings stay embroiled in authorized battles over their classification as securities, making their approval unlikely till the brand new SEC administration takes management.
Regardless of the potential for Litecoin or HBAR ETFs, Seyffart additionally questioned whether or not these area of interest funds would appeal to important investor demand.
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Sourcing information and pictures from crypto.information
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