Investors set sights on Bitcoin and possible Ripple ETFs in 2025
US ETF investors are already eyeing 2025 investments, with Bitcoin and crypto ETFs high on the list, according to a recent survey.
ETF investors in the US are already looking ahead to 2025 investments, with Bitcoin and crypto ETFs high on the list, according to a recent survey.
The investment firm Charles Schwab conducted a study among more than 2,200 participants to map out their investment plans for crypto, bonds, and other assets. The results show that 62 percent of Millennials (born 1981 to 1996), 44 percent of Gen X (1965 – 1980), and 15 percent of the Baby Boomer generation (1946 – 1964) plan to invest in Bitcoin or Ethereum ETFs. Rumors about a possible Ripple ETF are also drawing a lot of interest.
Crypto ETFs rank second in popularity at 45 percent, just behind US stock ETFs, which hold the top spot at 55 percent. The popularity of Bitcoin ETFs is clear from the numbers: since trading began in January, firms like BlackRock and Fidelity have bought about $18.6 billion worth of Bitcoin for their clients.
Although BlackRock and Fidelity’s Ethereum products are growing steadily, they don’t offset the outflow from the Grayscale Ethereum ETF (ETHE). As a result, Ether ETFs show a net loss of $546 million.
Whether we’ll soon see an XRP ETF on Wall Street remains to be seen. Asset managers like Bitwise and Canary Capital have already filed for such a fund.
