Bitcoin ETFs may take first place in 2025, predicts Adam Back

Blockstream founder Adam Back anticipation That exchange-traded funds (ETFs) may reign supreme next year.

This comes after BlackRock's iShares Bitcoin Trust ETF (IBIT) took third place on the 2024 ETF leaderboard (behind the Vanguard S&P 500 ETF and iShares Core S&P 500 ETF).

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Bitcoin ETFs exceed $90 billion in total assets

Last year, BlackRock's IBIT business attracted $37 billion in inflows.

Another busy year for ETF issuers

According to Nate Geraci, a leading ETF analyst, ETFs will continue to dominate throughout 2025.

“Welcome to 2025, where crypto ETFs will continue to dominate the headlines,” he said.

This comes in response to predictions by Roger Bayston, head of digital assets at Franklin Templeton, that the ETF's legal staff will be "busy" during the first part of the year.

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Bitcoin ETFs record positive inflows on the last day of 2024

Last year, the Securities and Exchange Commission (SEC) approved several Bitcoin and Ethereum ETFs, giving these cryptocurrencies a big boost.

In fact, the top eight ETFs launched this year were all tied to the cryptocurrency industry. Overall, more than 700 ETF products were launched during the previous year.

Solana ETF could happen in 2025

Now, with the agency expected to adopt a friendlier stance toward the industry, ETF issuers are expected to push hard for more cryptocurrency ETF products.

As reported by U.Today, several issuers have already submitted their applications for Solana and XRP ETFs.

However, according to analyst Eric Balchunas, Litecoin may end up overtaking the aforementioned cryptocurrencies in the ETF race due to the lack of any regulatory overlaps for it.

Recently, Geraci also published his predictions for ETFs for 2025 which include the launch of spot ETF options trading and the instant delivery of ether. Notably, the Solana Spot ETF is also expected to be approved this year.

"Okay, you've seen enough... recording the official prediction. Solana spot ETFs will be approved in 2025," he said.

like Reported by U. TodayPro-crypto conservative Paul Atkins is expected to replace Gary Gensler as the new head of the Securities and Exchange Commission. However, it remains to be seen whether or not the new SEC leadership will give the cryptocurrency industry everything it wants.



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