Laser Digital Forecasts 2025 as a Pivotal Year for Crypto ETFs.

Laser Digital, a digital asset division of Nomura, predicts that 2025 could be a milestone year for cryptocurrency exchange-traded funds (ETFs). The firm anticipates that more than 12 new crypto-focused ETFs could potentially launch in the U.S. this year, pending approval by the Securities and Exchange Commission (SEC).

According to Laser Digital’s recent report, 12 ETF filings have already been submitted to the SEC, with proposed products ranging from a ProShares ETF that would track bitcoin’s performance alongside the S&P 500, to combined bitcoin and ether ETFs, and even offerings based on Solana, Litecoin, and XRP.

Laser Digital believes that the bitcoin/ether ETF is the most likely to receive approval first. Following the successful launch of spot bitcoin ETFs in January 2024, with BlackRock’s iShares Bitcoin Trust (IBIT) raising an impressive $53 billion in assets within its first 11 months, the outlook for further crypto ETFs has been bullish.

The firm also pointed out that the recent appointment of Paul Atkins as the new SEC chair, replacing Gary Gensler, could signal a more crypto-friendly regulatory environment. This shift in leadership could pave the way for smoother approval processes for new ETFs, further buoying optimism in the market.

As the ETF space continues to expand, Laser Digital foresees growing adoption by institutional investors in 2025. The political climate, with the return of crypto-supportive figures such as President-elect Donald Trump, is also expected to play a role in the broader acceptance and growth of crypto ETFs.

Additionally, asset manager Grayscale has expressed intentions to convert its Grayscale Solana Trust (GSOL) into an ETF, a move that highlights the increasing push for institutional-grade crypto investment options in the coming years.