• Sun. Nov 17th, 2024

Crypto ETFs: Are Solana, Avalanche, and XRP ETF Approvals Imminent in 2025?

Nov 17, 2024

XRP and SOL ETFs Could Be Next in Line, Predicts Nate Geraci

The post Crypto ETFs: Are Solana, Avalanche, and XRP ETF Approvals Imminent in 2025? appeared first on Coinpedia Fintech News

In a recent episode of the Thinking Crypto Podcast, host Tony Edward and guest Matt Hogan, Chief Investment Officer at Bitwise Asset Management, explored the transformative potential of XRP, the growing prominence of Bitcoin and Ethereum ETFs, and the exciting trajectory of the crypto market heading into 2025.

XRP: Resilience Amidst Challenges

Kicking off the discussion, Tony highlighted XRP’s growing appeal, underpinned by its strong community and robust technology. Despite Ripple’s ongoing legal battle with the SEC, XRP’s potential remains largely untapped, poised for greater recognition as the regulatory fog clears.

Adding to XRP ETF optimism, Senior ETF analyst Erich Balchunas of Bloomberg outlines the significance of the huge inflows that Bitcoin ETFs have seen this year. Gold ETFs had to wait six months to see an equivalent capital allocation, according to Balchunas. The majority of market analysts are expecting an XRP ETF coming next.

Hogan also reflected on the unprecedented success of Bitcoin ETFs, projecting that 2025 could see ETF inflows exceed those of 2024. He emphasized how institutional and retail adoption is likely to accelerate as ETFs capture significant portions of the Bitcoin market. The conversation touched on the potential for a U.S. Bitcoin strategic reserve, which could trigger global FOMO among nations and institutions alike.

Looking Ahead: Excitement Across Chains

The podcast highlighted a shifting Overton window in crypto adoption, with more governments and institutions considering Bitcoin and crypto assets as integral parts of their portfolios. The potential for widespread adoption, regulatory support, and new ETF offerings could mark the dawn of a new era in crypto investing.

Tony and Matt expressed optimism about the future of various blockchain ecosystems, including Solana, Avalanche, and XRP. With an increasing demand for index-based crypto products, investors may find opportunities for diversification across a spectrum of innovative protocols.

Moreover, if Trump successfully establishes a crypto-friendly regulatory framework as promised, it could lead to the resolution of many crypto cases, potentially clearing the path for altcoin ETF approvals. 


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[Source: Coinpedia]

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