2025 Holds Strong Potential for Crypto ETFs, According to Laser Digital.

Laser Digital, the digital asset arm of Nomura, anticipates that 2025 could be a transformative year for cryptocurrency exchange-traded funds (ETFs). A recent report suggests that if approved by the Securities and Exchange Commission (SEC), more than twelve new crypto ETFs could launch in the U.S. this year.

To date, asset managers have submitted 12 filings with the SEC, the report states, with potential products including a ProShares ETF linked to the S&P 500’s bitcoin returns, a combined bitcoin/ether ETF, and others based on litecoin, XRP, and Solana.

Laser Digital speculates that the bitcoin/ether ETF is most likely to gain approval first. The success of the U.S. spot bitcoin ETFs, especially BlackRock’s iShares Bitcoin Trust (IBIT), which accumulated $53 billion in assets under management within the first 11 months of its launch in January 2024, has raised expectations for further ETF expansion.

The anticipated shift in the SEC, with crypto-friendly Paul Atkins replacing Gary Gensler as chairman, signals that the approval of these new ETFs could be imminent, as ongoing litigation against crypto firms is expected to ease. This, coupled with a broader push for regulatory clarity, heightens optimism.

The ETF market is expected to continue expanding in both asset size and institutional adoption in 2025. This trend is further fueled by the anticipated return of President-elect Donald Trump, who is supported by a crypto-friendly regulatory team.

Grayscale also signaled growing momentum in the space, announcing its intent in December to convert its Grayscale Solana Trust (GSOL) into an ETF, signaling further growth within the cryptocurrency investment sector.