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The US regulatory environment is becoming increasingly favorable for crypto ETFs, particularly after the recent elections, with Solana, Ripple, and Cardano poised for potential listings in 2025. Solana has gained traction with two approved ETFs in Brazil and a market cap of $106.6 billion, while Ripple's XRP, despite legal challenges, has seen a 325.7% growth and a market cap of $151.4 billion. Cardano, with a commitment to improvement, has also surged 82.1% to a market cap of $39.4 billion, signaling a promising future for these cryptocurrencies in the ETF market.
Donald Trump is expected to issue an executive order on his first day in office to designate Bitcoin as a US reserve asset, potentially purchasing a significant amount. The Bitcoin Act of 2024 aims for the Treasury and Federal Reserve to acquire 200,000 BTC annually, which could drive prices to as high as $800,000 by the end of 2025, according to experts. BlackRock suggests a 1-2% portfolio allocation to Bitcoin, which could further elevate its value significantly.
BlackRock's iShares Bitcoin Trust ETF has achieved remarkable success, managing $53.8 billion in assets and surpassing its Gold ETF. The firm advises investors to limit Bitcoin exposure to 1-2% of their portfolios due to its volatility and lack of cash flows, while noting that increased adoption could alter its risk profile. Despite Bitcoin's potential as an inflation hedge, Microsoft shareholders overwhelmingly rejected a proposal to invest in the cryptocurrency.
BlackRock recommends a 1% to 2% allocation to Bitcoin in multi-asset portfolios, likening its volatility to that of tech stocks. This cautious approach aims to balance risk while acknowledging Bitcoin's unique market dynamics and potential for institutional adoption. The firm warns that exceeding a 2% allocation could disproportionately increase overall portfolio risk.
Samara Cohen
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
crypto etfs in 2025 solana ripple and cardano poised for success
12:34 17.12.2024
Trump may designate Bitcoin as US reserve asset on first day in office
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15:49 15.12.2024
blackrock recommends limited bitcoin exposure in investment portfolios
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19:02 12.12.2024
BlackRock recommends cautious 2 percent Bitcoin allocation for investment portfolios
15:32 12.12.2024
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