Experts in the cryptocurrency sector anticipate a more favorable regulatory environment in 2025, following years of increased regulatory pressure. According to Nathan Dean, a senior policy analyst at Bloomberg, the year 2025 holds promise for positive crypto policies. In addition to the potential approval of exchange-traded funds (ETFs), Dean believes that regulations surrounding stablecoins could also become clearer by the end of next year.
Eric Balchunas, another analyst at Bloomberg who is known for his expertise in ETFs, shares a similar perspective. Balchunas pointed to a congressional letter, highlighting that the United States is not the only country where regulators prioritize regulations over harsh penalties.
On May 22, the first Bitcoin and Ethereum exchange-traded products (ETPs) were launched on the London Stock Exchange, following approval from the UK Financial Conduct Authority. While these ETPs are currently limited to professional investors, a representative from CryptoUK, the self-regulatory trade association for the UK crypto asset industry, expressed optimism about this development, believing it to be a step in the right direction and positioning the UK as a global hub for crypto assets.
Later in the day, a significant decision regarding VanECK’s spot Ethereum ETF was expected to be finalized in the US. This decision has the potential to create substantial market volatility, and investors are closely monitoring the situation.
Please note that the information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research.
