2025 Could be a Big Year for Crypto ETFs: Laser Digital

2025 Could be a Big Year for Crypto ETFs: Laser Digital

Asset managers have submitted 12 filings to the SEC, with potential new products on the horizon, including a ProShares ETF that ties the S&P 500’s return to Bitcoin, a combined Bitcoin/Ethereum ETF, and products based on Litecoin, XRP, and Solana.

Laser Digital anticipates that the Bitcoin/Ethereum ETF is most likely to receive approval first.

The U.S. launch of spot Bitcoin ETFs in January 2024 was a major success, with BlackRock's iShares Bitcoin Trust (IBIT) gathering approximately $53 billion in assets under management in its first 11 months, outpacing all previous ETF launches.

With the appointment of crypto-friendly Paul Atkins as SEC chairman and the departure of Gary Gensler, the ongoing lawsuits against crypto companies are expected to ease, increasing the likelihood of these new ETFs being approved.

According to Laser Digital, the ETF market is expected to continue expanding in assets under management (AUM) and will see greater institutional investor adoption in 2025, especially with President-elect Donald Trump’s return to office and a team of crypto-friendly regulators.

Additionally, Grayscale announced its intention to convert its Grayscale Solana Trust (GSOL) into an ETF in December.