Are Solana, Avalanche, and XRP ETF Approvals Imminent in 2025?
in the most recent episode On the Thinking Crypto Podcast, host Tony Edward and guest Matt Hogan, chief investment officer of Bitwise Asset Management, discuss the transformative potential of XRP, the growing prominence of Bitcoin and Ethereum ETFs, and the exciting trajectory of the crypto market heading into 2025.
XRP: Resilience Amid Challenges
Tony kicked off the discussion by highlighting XRP’s growing appeal, underpinned by its strong community and powerful technology. While Ripple’s legal battle with the SEC continues, XRP’s potential remains largely untapped and is expected to gain greater acceptance as the regulatory fog clears.
Erich Balchunas, senior ETF analyst at Bloomberg, outlined the importance of massive inflows into Bitcoin ETFs this year, which further bolstered optimism for the XRP ETF. Barciunas said gold ETFs would have to wait six months to see equivalent capital allocations. Most market analysts expect an XRP ETF to emerge next.
Hogan also recalled the unprecedented success of Bitcoin ETFs, predicting that ETF inflows in 2025 may exceed 2024. He emphasized that as ETFs capture a large portion of the Bitcoin market, institutional and retail adoption will likely accelerate. The conversation touched on the potential for a U.S. strategic reserve of Bitcoin, which could spark a global FOMO among countries and institutions.
Looking ahead: The excitement of cross-chain
The podcast highlights the changing Overton Window for cryptocurrency adoption, with more governments and institutions considering Bitcoin and crypto assets an integral part of their investment portfolios. Widespread adoption, regulatory support and the potential for new ETF products could signal a new era of cryptocurrency investing.
Tony and Matt expressed optimism about the future of various blockchain ecosystems, including Solana, Avalanche, and XRP. As demand for index-based crypto products continues to increase, investors may find diversification opportunities across a range of innovative protocols.
Furthermore, if Trump succeeds in establishing a crypto-friendly regulatory framework as promised, it could lead to the resolution of many cryptocurrency cases and potentially clear the way for the approval of altcoin ETFs.
