{
}
Bitwise CIO Matt Hougan anticipates a surge in institutional interest in altcoins by 2025, driven by potential regulatory clarity and the rise of exchange-traded funds (ETFs). He notes that as institutions diversify their crypto investments beyond Bitcoin, strategies for diversified exposure will become mainstream, similar to traditional asset classes. Recent inflows into Ethereum ETFs indicate a growing trend, suggesting that institutional investors will increasingly explore other cryptocurrencies.
Investors in Solana and Cardano are increasingly turning to IntelMarkets (INTL), a new AI altcoin that has raised nearly $5 million in its presale. As both SOL and ADA face declining prices, INTL offers innovative features, including dual-chain functionality and 1000x leverage, positioning it as a potential game-changer in crypto trading. With predictions of a 100x price increase post-launch, excitement around this altcoin is rapidly growing.
Solana's (SOL) long-term buy zone has been activated, indicating potential growth opportunities following a recent correction. Analyst Alan Santana highlights that despite a 9.3% drop in the last 24 hours, the current market conditions may present strategic investment chances, with institutional interest rising in Europe through new financial products like the Solana Staking ETP.
Investors withdrew a record $680 million from Bitcoin ETFs, marking the largest outflow in months, as Bitcoin's price fell 5% to around $97,400. This decline follows the Federal Reserve's updated projections, which now anticipate only two rate cuts in 2025, leading to bearish sentiment in the market. Analysts warn that continued selling pressure could further strain market sentiment, with potential volatility ahead if Bitcoin drops below key support levels.
Ether ETFs are experiencing significant net inflows, with a record $2.2 billion in the week of Nov. 26, and analysts predict they may outperform Bitcoin ETFs in 2025. The Ethereum network's growth, particularly in AI applications, and potential staking yields could further enhance Ether's appeal, with projections suggesting a spot price of $6,000 by late 2025 and up to $22,000 by 2030. The SEC has recently approved ETFs that include both BTC and ETH, potentially boosting inflows into Ether funds.
Rollblock is gaining traction among Solana and Dogecoin holders, raising over $7.3 million in its presale, driven by excitement over its blockchain casino platform that promises transparency and high returns. Early backers have seen returns exceeding 300%, with projections suggesting potential gains of up to 880% before the token's launch. The platform offers a revenue-sharing model and staking rewards, enhancing its appeal in the decentralized finance space.
The SEC has approved the first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton, set to launch in January with an 80/20 allocation favoring Bitcoin. This marks a significant step in the U.S. crypto ETF market, which has seen substantial inflows, particularly in Bitcoin ETFs. Speculation continues around potential future approvals for Solana and XRP ETFs, though analysts suggest Litecoin and Hedera may come first due to regulatory clarity.
The SEC has approved Hashdex and Franklin Templeton's Bitcoin and Ether index ETFs, allowing them to trade on Nasdaq and Cboe BZX Exchange, respectively. Both ETFs will hold spot Bitcoin and Ether, meeting regulatory criteria to protect investors. This approval may encourage other firms, like BlackRock, to launch similar products in the growing crypto market.
Matt Hougan predicts Ethereum will surpass Solana by 2025, driven by advancements in Layer-2 solutions that enhance scalability and user experience. Ethereum's price is projected to exceed $6,000, while Solana is expected to surpass $500, despite fierce competition between the two platforms. The rise of AI-driven applications on Ethereum further solidifies its position as a leader in blockchain technology.
Matt Hougan, Chief Investment Officer at Bitwise, predicts that Ethereum will surpass Solana by 2025, driven by its advancements in Layer-2 technologies and dominance in decentralized finance (DeFi) and artificial intelligence (AI). While Solana's developer ecosystem is rapidly growing, Ethereum's superior infrastructure and scalability position it for greater user adoption and potential price increases, with forecasts suggesting Ethereum could exceed $6,000 by 2025. The competition between these two platforms is set to shape the future of blockchain technology.
Bitwise Bitcoin ETF
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
institutional interest in altcoins expected to surge by 2025
11:15 22.12.2024
investors shift focus to new ai altcoin amid solana and cardano declines
10:51 22.12.2024
Solana buy zone activated as institutional interest and growth potential rise
08:00 22.12.2024
bitcoin etfs face record outflows as market sentiment weakens
Bitwise Bitcoin ETF
Grayscale Litecoin Trust
USA
Antonio Di Giacomo
Joseph Dahrieh
Alex Kuptsikevich
Show more
11:30 21.12.2024
ether etfs expected to outperform bitcoin as inflows surge in 2025
19:48 20.12.2024
Rollblock presale attracts investors with potential for high returns and innovation
18:20 20.12.2024
us sec approves first crypto index etfs for bitcoin and ethereum
Franklin Templeton - Franklin M
VanEck Vietnam ETF
Grayscale Litecoin Trust
Bitwise Bitcoin ETF
Fidelity Contrafund
XRP USD
Solana USD
GEMINI INV
Invesco QQQ Trust
Nasdaq 100 Dec 24
Litecoin USD
BlackRock, Inc.
Coinbase Global, Inc.
HASHDEX MOMENTUM ETP
WisdomTree U.S. Total Dividend Fund
Hedera USD
USA
Nate Geraci
James Seyffart
Eric Balchunas
Show more
12:57 20.12.2024
SEC approves Bitcoin and Ether ETFs from Hashdex and Franklin Templeton
Franklin Templeton - Franklin M
Nasdaq 100 Dec 24
Grayscale Litecoin Trust
Bitwise Bitcoin ETF
BlackRock, Inc.
HASHDEX MOMENTUM ETP
NYSE ARCA GOLD BUGS INDEX
USA
Nate Geraci
Show more
04:52 20.12.2024
ethereum expected to outpace solana by 2025 driven by layer two growth
20:30 19.12.2024
ethereum poised to surpass solana by 2025 amid technological advancements
19:48 19.12.2024
Trending
Subcategory
Stock Market Updates
Industry Trends
Corporate News
Retail and Consumer Goods
Global Financial Events
Finance Mergers & Acquisitions
AI Innovations
Startups & Entrepreneurship
Industry Mergers & Acquisitions
Funding Rounds & Investments
Central Bank Actions
Banking Regulations
Government Policies
Supply Chain Management
Market Analysis and Predictions
AI & Automation Regulations
Government Economic Policies
Domestic Politics
Global Trade Developments
CEO Changes
Countries:
Companies:
NVIDIA Corporation
Huawei Technologies CO. Ltd.
The Goldman Sachs Group, Inc.
Apple Inc.
Tesla, Inc.
Barclays PLC
Citigroup Inc.
Wells Fargo & Company
American Express Co
VP Bank AG
Bank of America Corporation
Tiktok USD
HSBC Holdings plc
Berkshire Hathaway Inc.
International Monetary Fund FUND
Morgan Stanley
DoorDash, Inc.
Deliveroo plc
HDFC Bank Ltd
Coca-Cola FEMSA, S.A.B. de C.V.
Currencies:
United States Dollar
Euro
Swiss Franc
Indian Rupee
Japanese Yen
British Pound Sterling
United Arab Emirates Dirham
Chinese Yuan
Offshore Chinese Yuan
Saudi Riyal
Australian Dollar
Hong Kong Dollar
Swedish Krona
Brazilian Real
South Korean Won
Norwegian Krone
People: