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Bloomberg: Cryptocurrency ETFs may explode in 2025, gold ETFs sell-off for fourth consecutive year
Editor
2025-01-03 14:01 5,230
According to Golden Finance, Bloomberg Intelligence strategist Athanasios Psarofagis disclosed that more than a dozen new crypto-centric funds may appear in the exchange-traded fund (ETF) field in 2025, which is less than 10 years away from the first-ever U.S. Bitcoin ETF. Only one year has passed since its establishment, and the products to be released include: 1. An ETF launched by ProShares that calculates the returns of the S&P 500 Index in Bitcoin; 2. Funds planned by Strive Asset Management and REX Shares are designed to provide risk exposure to convertible bonds issued by companies that purchase Bitcoin; 3. ETF company Volatility Shares plans to launch inverse and leveraged Solana ETFs and a tool that uses futures contracts to track the sixth-largest digital token Solana. In sharp contrast to the above-mentioned heated scene, even as the Federal Reserve eased policy, investors continued to sell off gold ETFs for the fourth consecutive year, and gold prices also fell from record highs as investors shifted funds elsewhere, including U.S. stocks and Bitcoin .
Keywords: Bitcoin
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