2025 could be a big year for cryptocurrency ETFs, says Laser Digital

2025 could be a big year for exchange-traded funds (ETFs), according to Laser Digital, the digital assets business of financial services giant Nomura.

More than a dozen cryptocurrency ETFs could launch in the US this year, if they are approved by the Securities and Exchange Commission (SEC), Laser Digital said in a report last week.

The report noted that asset managers have filed 12 applications with the SEC so far, and potential products include a ProShares ETF that specifies the S&P 500’s return in bitcoin, a bitcoin/ether ETF, and litecoin, XRP, and Solana products.

Laser Digital said a Bitcoin/Ether ETF would likely receive approval first.

the He releases Spot Bitcoin ETFs launched in the US in January last year were a huge success. Blackrock’s iShares Bitcoin Trust (IBIT) has amassed nearly $53 billion in assets under management in its first 11 months, surpassing all previous ETF launches.

With a friend set for encryption Paul Atkins As Chairman of the Securities and Exchange Commission, W exit The report stated that the ongoing lawsuits against cryptocurrency companies are likely to fade, according to Gary Gensler, and this makes the approval of these new ETFs more likely.

Laser Digital said the ETF market is expected to continue to grow in terms of assets under management, and will see broader adoption by institutional investors in 2025, especially with President-elect Donald Trump returning to office with the support of a team of crypto-friendly regulators.

Asset manager Grayscale said it is looking to convert Grayscale Solana Trust (GSOL) into an ETF in December.

Read more: Grayscale files for Solana Trust to ETF conversion