State Street analysts predict that Exchange-Traded Funds (ETFs) of digital currencies will outperform precious metals by the end of 2025 in North America. According to the Financial Times report, State Street expects the U.S. Securities and Exchange Commission (SEC) to approve Altcoin-based ETFs in 2025. It is also anticipated that the SEC will greenlight digital currency transactions in crypto ETFs to enable currency trading without the need for fiat money. As of late February, 39 digital currency ETF entities in the U.S. have collectively raised around $100 billion. BlackRock and Fidelity, with over $57 billion and $20 billion respectively, are the biggest players in this sector. In comparison, precious metal ETFs in North America have a total of $165 billion in assets, but digital currency ETFs are expected to surpass this figure this year.
Discover how analysts predict digital currency ETFs will surpass precious metals by 2025. Learn more about the future of cryptocurrency investments.