Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, forecasts significant developments in the crypto sector by 2025. He predicts a $5 billion influx into Bitcoin structured products, the rise of Maple Finance over BlackRock’s BUIDL, and the emergence of a new decentralized stablecoin backed by a strategic reserve, emphasizing the need for transparency and trust in decentralized finance. Additionally, Bitwise anticipates Bitcoin surpassing $200,000, with Ethereum and Solana reaching new highs, marking 2025 as a pivotal year for crypto IPOs in the US.