SEC may approve 12 crypto-ETFs this year
Over 12 cryptocurrency ETFs expected to launch in the U.S. in 2025
More than 12 new cryptocurrency ETFs could launch in the U.S. this year, marking a significant expansion in the market.
A bitcoin/ether ETF is expected to receive approval first, according to Laser Digital.
Key Takeaways
- Surge in ETF Launches: Over 12 new digital asset ETFs may debut in 2025, pending SEC approval.
- Spotlight on Bitcoin/Ether ETFs: A combined bitcoin/ether ETF is expected to secure approval before other products.
- Market Momentum: Institutional adoption and ETF market growth are anticipated to accelerate under crypto-friendly SEC leadership.
- Notable Players: Grayscale plans to convert its Solana Trust into an ETF, and ProShares has proposed S&P 500-based crypto products.
Crypto ETFs to reshape the 2025 investment landscape
The U.S. cryptocurrency exchange-traded fund (ETF) market is expected to expand significantly in 2025, with over a dozen new ETFs potentially hitting the market. Laser Digital, a subsidiary of Nomura, highlighted that asset managers have submitted 12 filings to the SEC. Among the proposed products are litecoin, XRP, and Solana-based ETFs, as well as ProShares’ S&P 500 bitcoin-denominated ETF.
Loading...
A bitcoin/ether ETF is predicted to be the first approved, reflecting the SEC’s evolving stance under its new chairman, Paul Atkins, a crypto-friendly advocate.
Institutional adoption and ETF performance
The ETF market continues to attract institutional investors, with Laser Digital projecting significant growth in assets under management (AUM). Blackrock’s iShares Bitcoin Trust (IBIT), launched in January 2024, amassed $53 billion in AUM within 11 months, setting a new benchmark for ETF success.
Cumulative Spot Bitcoit ETF Volumes in 2024. Source: theblock.co
Grayscale, another key player, aims to convert its Solana Trust into an ETF, signaling broader market diversification.
Regulatory and market optimism under new leadership
The report emphasizes the positive impact of the SEC’s leadership change and Donald Trump’s return to office, supported by regulators favorable to crypto. The shift is expected to resolve lingering legal challenges for crypto firms, creating a more conducive environment for ETF approvals.
Recently we wrote, that the launch of spot Bitcoin ETFs and Ethereum ETFs in the United States this year has significantly reshaped the exchange-traded fund (ETF) market.
