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crypto etfs poised for growth with new approvals expected by 2025

Bloomberg analyst Eric Balchunas forecasts a significant expansion of cryptocurrency ETFs by 2025, starting with combined Bitcoin and Ethereum products, followed by Litecoin, HBAR, and potentially XRP and Solana. The approval of these ETFs could enhance market stability and liquidity, attracting institutional investors and solidifying crypto's integration with traditional finance. The SEC's approval of Bitcoin ETFs in January 2024 has already led to over $123.87 billion in inflows, marking a pivotal moment for the crypto industry.
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BlackRock, Inc. Fidelity Contrafund Vance Spencer Eric Balchunas
Finance & Economy, Market Report
00:16 18.12.2024
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