After the huge success of crypto ETFs, companies that provide exchange-traded funds are now considering launching new crypto funds in 2025.
Athanasios Athanasios Athanasios Athanasios Athanasios Athanias Psarofagis of Bloomberg Intelligence noted that ETF vendors will make more filings this year.
The analyst stated “This is a continued evolution in incorporating crypto strategies into exchange-traded fund launches,” referring to a wave of Ethereum or bitcoin approved spot ETFs last year.
In January 2024 the US Securities and Exchange Commission approved a first set of crypto-ETFs, spot Bitcoin products. In July, gave the green light to several spot Ether ETFs.
The price of cryptos has risen dramatically in recent years, thanks to Trump’s victory. Bitcoin surged past $100,000 after several factors aligned perfectly.
“It’s a hot topic — issuers love to strike while the theme is hot. Psarofagis, an analyst noted that “we’ll see everything crypto.”
Crypto-Centric Funds Proposed by ETF Issuers
Recent filings of crypto-based financial products with the US SEC have increased. Bloomberg reported that certain funds are “potentially riskier”, in an effort to attract more crypto investors.
ProShares issuing ETFs has proposed, for example, a fund that will denominate S&P 500 returns in BTC. Strive Asset Management (SAM) and REX Shares (REX) also proposed products which would invest in derivatives and convertible bonds.
Volatility Shares has also filed a Solana ETF, as well as a futures contract-based vehicle that tracks the token.
Report: If these filings are approved by regulators, we will see over a half dozen crypto funds in 2025.
The filings coincide with the time that BlackRock’s iShares Bitcoin (IBIT) Trust product has performed better than last year. This is the “greatest launch in ETF History.” MicroStrategy Co-founder Michael Saylor, too, took advantage of Bitcoin’s surging price by buying the largest token as part of his company reserves.
Todd Sohn is an exchange-traded fund analyst at Strategas. “Futures based, spot based, thematic based, and now convertibles, both are hyper-specific MicroStrategy or anyone else involved in similar capacity.”
