Bloomberg: Multiple Crypto Assets ETFs Will Emerge by 2025

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect a wave of Cryptocurrency ETFs to emerge next year. This includes a combination ETF of BTC and Ethereum, Litecoin and HBAR ETFs, while Solana and XRP ETFs may be launched later due to litigation issues.

BTC +ETH Combination ETF

The BTC+ETH combination ETF was possibly the first approved. Hashdex, Franklin, and Bitwise have all applied for this type of encryption ETF. As BTC and Ether spot ETFs have been listed for nearly a year and six months, analysts believe that this combination ETF has the best chance of being approved first.

Litecoin and HBAR ETF

Litecoin, as a fork of BTC, may be considered a commodity like BTC, and is highly likely to be approved as the next encryption ETF.

In addition, the token HBAR of the public chain Hedera may also be included.

Currently, the only company applying for these two ETFs is Canary Capital Group, founded by former Valkyrie Funds co-founder Steven McClurg in September this year. Although analysts believe that there is a high probability of approval, it is unclear whether there will be investor demand.

In addition, Canary also submitted applications for SOL and XRP ETFs.

(Canary Capital submits spot Solana ETF application to SEC, actively developing diversified cryptocurrency ETFs)

SOL and XRP ETF

The application for Solana ETF has recently been rejected by the SEC! Analysts believe that because XRP and SOL have been tagged as securities in pending litigation, they must wait for the new SEC chairman to take office and for regulations to be clarified before there is a chance.

The following is a list of applied encryption ETF shared by Bloomberg analysts.

This article Bloomberg: Multiple Cryptocurrency ETFs will appear in 2025, first appeared on Chain News ABMedia.