According to ETF Store President Nate Geraci, he has outlined his top 10 predictions for the crypto exchange-traded fund market, with XRP and Solana as key players. Similar to other industry experts, Nate Geraci anticipates a significant change in this sector this year.
XRP and Solana ETF Prospect In 2025
Based on Nate Geraci’s statement, we can expect that XRP and Solana ETF products will receive approval this year. Previously reported by Coingape, VanEck submitted the first Solana ETF product in the U.S. in June 2024. Since then, the U.S. Securities and Exchange Commission (SEC) has received similar applications from Grayscale, Canary Capital, and 21Shares.
During a period where Solana’s offerings are being scrutinized, Canary Capital submitted an application for an XRP-based ETF in October 2023. This action shifted the perspective on crypto ETFs and motivated additional financial managers to follow suit with similar ventures.
Although the U.S. Securities and Exchange Commission (SEC) hasn’t provided a concrete update yet, optimism for approval remains strong. Many believe that the change in leadership at the SEC could be the key factor pushing through the approval. President-elect Donald Trump has nominated Paul Atkins to serve as the next US SEC Chair in his administration.
It’s predicted that Atkins may shift the Securities and Exchange Commission (SEC) away from Gary Gensler’s tough stance on cryptocurrencies. Similar to other industry experts, Geraci anticipates that by 2025, we might see the introduction of Exchange Traded Funds (ETFs) based on Solana and Ripple (XRP).
The Nate Geraci Crypto ETF Predictions
The President of The ETF Store recently outlined ten forecasts regarding the future of crypto ETFs. He is confident that spot Bitcoin ETFs will eventually surpass the value managed by physical gold ETFs. In fact, significant milestones for Bitcoin ETFs have already been achieved within a year of their launch.
The combined value of Bitcoin ETF investments reached an impressive $150 billion in managed assets (AUM), a milestone that gold took twenty years to achieve. Moreover, predictions point towards the approval of Solana and XRP ETFs, and Geraci anticipates the U.S. Securities and Exchange Commission (SEC) will greenlight Ethereum ETF staking this year as well.
(The first sentence has been rephrased to clarify that the Bitcoin ETF products collectively reached $150 billion in assets under management, rather than individual Bitcoin ETFs reaching this amount separately.)
My 10 crypto-related ETF predictions for 2025…
— Nate Geraci (@NateGeraci) January 11, 2025
Simultaneously, he focused his forecast on particular ETF submissions by Grayscale and Bitwise, anticipating approval for both. He speculated that Vanguard might change its position and endorse cryptocurrency ETF transactions.
Donald Trump to Change the Tides
Donald Trump will officially become president on January 20, marking the start of a new phase for various industries. Additionally, Trump appointed David Sacks as his advisor on Cryptocurrency and Artificial Intelligence (Crypto and AI Czar). This individual will help shape policies from the White House. According to Coingape, one of Sacks’ initial duties is to arrange a cryptocurrency ball within the coming week.
According to numerous specialists, these tendencies are likely to ignite a significant transformation in the oversight and governance of cryptocurrencies. Furthermore, it’s anticipated that both Solana and XRP could witness an increase in value due to their recent ETF approvals.
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2025-01-12 21:09