The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared on BitcoinEthereumNews.com.

Key Takeaways Bloomberg analysts project a significant increase in crypto ETFs in 2025 following changes in SEC leadership. XRP, Solana, LTC, and HBAR ETFs may be considered for approval under the new SEC administration. Bloomberg analysts expect multiple new crypto ETFs to launch in 2025, following anticipated changes in SEC leadership. We expect a wave of cryptocurrency ETFs next year, albeit not all at once. First out is likely the btc + eth combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR (bc not labeled security) and then XRP/Solana (which have been labeled securities in pending… pic.twitter.com/29vMdciZxE — Eric Balchunas (@EricBalchunas) December 17, 2024 “We expect a wave of cryptocurrency ETFs next year, albeit not all at once,” Bloomberg Senior ETF analyst Eric Balchunas posted to X on Tuesday. Balchunas, quoting James Seyffart’s report for Bloomberg, acknowledged that many new ETFs are expected to launch next year, including more Bitcoin and Ethereum combo ETFs, as well as potential offerings for LTC, HBAR, XRP, and Solana. In the excerpt written by Seyffart, he stated that the dual Bitcoin and Ethereum ETFs from Hashdex, Franklin Templeton, and Bitwise are likely to be the next spot crypto ETFs approved. He added that XRP and Solana ETFs would have to wait for the next SEC administration to be seriously considered. Seyffart further mentioned that LTC and HBAR are the most likely ETFs to gain approval next, as neither has been classified as a security. He noted that the SEC may view Litecoin as a commodity since it is a fork of Bitcoin. The outlook for new crypto ETFs has improved since Donald Trump’s election victory and Gary Gensler’s announced departure as SEC chair. Gensler’s tenure was marked by resistance to digital assets and crypto-based investment products, even as spot…

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Filed under: News - @ December 17, 2024 10:29 pm