Market Trends Indicate Promising Future for Cryptocurrency ETFs

市場趨勢顯示加密貨幣 ETF 前景光明

Introduction

介紹

Exchange-traded funds (ETFs) backed by cryptocurrencies are expected to dominate markets in 2025, showcasing diverse assets and groundbreaking innovations. With ETFs already encompassing major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), it's anticipated that ETFs for altcoins such as Solana (SOL) and Hedera (HBAR) will emerge in the near future.

由加密貨幣支持的交易所交易基金 (ETF) 預計將在 2025 年主導市場，展示多樣化的資產和突破性的創新。由於 ETF 已經涵蓋了比特幣 (BTC) 和以太坊 (ETH) 等主要加密貨幣，預計 Solana (SOL) 和 Hedera (HBAR) 等山寨幣 ETF 將在不久的將來出現。

Strong Growth Projected for Bitcoin and Ethereum ETFs

比特幣和以太坊 ETF 預計將強勁增長

By 2025, the cryptocurrency market is poised for significant growth with Bitcoin and Ethereum ETFs leading the charge. Currently, over 5% of Bitcoin's total supply is held in ETFs. In the United States alone, 11 Bitcoin ETFs collectively trade over 1.1 million BTC.

到 2025 年，加密貨幣市場預計將實現顯著成長，其中比特幣和以太幣 ETF 將引領潮流。目前，ETF 持有比特幣總供應量的 5% 以上。光是在美國，11 檔比特幣 ETF 的總交易量就超過 110 萬比特幣。

BlackRock's iShares Bitcoin Trust Fund dominates the market with $52 billion in assets under management (AUM), while its iShares Ethereum Trust Fund stands at approximately $2.6 billion. BlackRock ETF Manager Jay Jacobs believes that these funds represent a small fraction of their client portfolios, suggesting considerable potential for future growth.

貝萊德 (BlackRock) 的 iShares 比特幣信託基金以 520 億美元的管理資產 (AUM) 主導市場，而其 iShares 以太坊信託基金則約為 26 億美元。貝萊德 ETF 經理 Jay Jacobs 認為，這些基金僅佔其客戶投資組合的一小部分，顯示未來成長潛力巨大。

Market Participants Anticipate Solana ETFs

市場參與者期待 Solana ETF

Industry experts anticipate that Solana ETFs will follow the success of Bitcoin and Ethereum ETFs. Nate Geraci, President of ETF Store, predicts that Solana ETFs could be introduced by the end of 2025. He notes that the Securities and Exchange Commission (SEC) is actively discussing potential approvals with various issuers.

產業專家預計 Solana ETF 將追隨比特幣和以太坊 ETF 的成功。 ETF Store 總裁 Nate Geraci 預測 Solana ETF 可能會在 2025 年底推出。

Altcoin ETFs on the Horizon

山寨幣 ETF 即將出現

The elimination of regulatory hurdles will be key to the approval of new ETFs. JPMorgan analysts predict that the SEC will likely resolve ongoing lawsuits before giving the green light to additional ETFs. Additionally, the anticipated appointment of Paul Atkins, a well-known cryptocurrency advocate, as SEC chair under the Trump administration could further enhance the prospects for Solana ETF approvals.

消除監管障礙將是新 ETF 獲得批准的關鍵。摩根大通分析師預測，美國證券交易委員會可能會解決正在進行的訴訟，然後為更多 ETF 開綠燈。此外，預計任命著名加密貨幣倡導者 Paul Atkins 為川普政府領導下的 SEC 主席，這可能會進一步提高 Solana ETF 獲得批准的前景。

Plans for XRP, Hedera, and Dogecoin ETFs

XRP、Hedera 和 Dogecoin ETF 計劃

Plans are also underway for ETFs backed by altcoins such as XRP, Hedera, and Dogecoin (DOGE). Companies like Bitwise and Grayscale are developing innovative funds that combine Bitcoin and Ethereum ETFs. Dogecoin's market cap and influence make it a potential candidate for an ETF.

由 XRP、Hedera 和 Dogecoin (DOGE) 等山寨幣支持的 ETF 計劃也正在進行中。 Bitwise 和 Grayscale 等公司正在開發結合比特幣和以太坊 ETF 的創新基金。狗狗幣的市值和影響力使其成為 ETF 的潛在候選人。

However, experts caution that XRP and DOGE may face challenges in meeting fair market criteria due to their highly concentrated ownership structures. Nonetheless, the SEC is expected to adopt a more flexible approach.

然而，專家警告稱，由於所有權結構高度集中，XRP 和 DOGE 在滿足公平市場標準方面可能面臨挑戰。儘管如此，預計美國證券交易委員會將採取更靈活的方法。

Future Outlook

未來展望

Fund managers like Bitwise anticipate increased demand for Bitcoin ETFs in 2025, allowing investors to allocate a larger share in their portfolios. These developments mark the dawn of a new era in the cryptocurrency market.

Bitwise 等基金經理人預計 2025 年對比特幣 ETF 的需求將會增加，使投資者能夠在其投資組合中分配更大的份額。這些發展標誌著加密貨幣市場新時代的來臨。