As a seasoned researcher with a keen interest in the ever-evolving world of finance and technology, I find the recent predictions by Eric Balchunas and James Seyffart of Bloomberg regarding the influx of crypto ETFs in 2025 particularly intriguing. My personal journey through the financial markets has taught me that the regulatory landscape can often be as dynamic as the assets themselves.
According to Eric Balchunas, a senior Bloomberg ETF analyst, it’s predicted that a cryptocurrency fund that follows both Bitcoin and Ether will be the pioneer among a series of upcoming crypto funds in 2025.
As a researcher in the field of cryptocurrencies, I anticipate a series of Cryptocurrency Exchange-Traded Funds (ETFs) coming up next year, though not necessarily all at once. This prediction is based on an analysis shared by my fellow ETF analyst, James Seyffart, which I recently posted on X on December 17th.
anticipate that the initial combined fund for Bitcoin (BTC) and Ether (ETH) might attract significant attention, likely preceding ETFs specializing in Litecoin (LTC) or Hedera (HBAR) as well.
On December 7, Seyffart pointed out that the Securities and Exchange Commission declined several Solana ETF proposals. He suggested that ETFs based on Solana (SOL) and Ripple’s XRP (XRP) might not receive serious consideration until Donald Trump’s nominee for SEC chair officially takes office.
Balchunas emphasized that regulators have a more positive stance towards Litecoin and Hedera, which is why these two digital assets are expected to secure Exchange-Traded Funds (ETFs) ahead of larger market-cap assets such as XRP and Solana.
It’s more probable that Litecoin will receive approval because it’s a spinoff of Bitcoin, making it potentially classified as a “commodity,” according to the statement.
While the Securities and Exchange Commission (SEC) hasn’t classified Hedera as a security, this decision potentially simplifies the process of gaining approval for an exchange-traded product.
In simpler terms, both Ripple‘s XRP and Solana’s SOL have been classified as financial securities by the U.S. Securities and Exchange Commission (SEC). Ripple has been embroiled in a lengthy legal dispute with this regulatory body for several years over the classification of XRP.
Although analysts believe that both HABR and LTC have a greater chance of getting approved, they remain uncertain if these funds will attract significant interest from investors.
Under Trump’s administration, several cryptocurrency experts anticipate that the Securities and Exchange Commission (SEC) will be more open to digital assets.
As a passionate crypto investor, I’m thrilled about the news that Donald Trump intends to appoint Paul Atkins, a pro-businessman with a background in crypto and former SEC Commissioner, as the next SEC Chair. Legal experts suggest that this move could pave the way for significant deregulation and pro-crypto policies, which could potentially foster growth and innovation within the cryptocurrency sector.
On the day of Donald Trump’s inauguration on January 20th, Gary Gensler, current SEC Chairman, announced his intention to leave the agency. Similarly, fellow Democratic commissioner, Jamie Lizarrage, stated he would be stepping down several days prior on January 17th.
December 17th saw the cancellation of Commissioner Caroline Crenshaw’s renomination vote, potentially paving the way for four commissioners who are aligned with President Trump’s views and supportive of cryptocurrency.
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2024-12-18 06:32