After Ethereum, Ripple and Solana... More than 70% likely to be listed on ETFs within the year
As net inflows continue into cryptocurrency exchange-traded funds (ETFs), the analysis suggests that altcoins with high chances of launching ETFs after Ethereum are Ripple and Solana. According to a report by Shinhan Investment Securities in South Korea, “The reason why central banks around the world are increasing their gold reserves is because of its long-standing tradition of being recognized for its value.” “The fact that there is no physical entity that has a short history of being recognized for its value and is easy to understand is a disadvantage of Bitcoin, but even so, as net inflows of cryptocurrency continue in the ETF market, it is catching up with gold in terms of ETF market capitalization.” “The altcoins with the highest probability of launching an ETF after Ethereum are Ripple and Solana, with a more than 70% chance of listing within the year,” the report said. ”These two are expected to compete for the third spot in 2025.”
The report emphasized that cryptocurrency has brought about positive changes to the currency market as it has absorbed traditional finance. The average daily trading volume of virtual assets in South Korea is $15.4 billion, which is higher than the combined trading volume of KOSPI and KOSDAQ,” the report said. ”Institutional investors are also expanding their indirect investment in cryptocurrencies, and the stance on crypto is changing positively in the decision-making of global investment banks (IBs), asset management companies, pension funds, and state-level investments.” With US President-elect Donald Trump, who has announced a cryptocurrency-friendly policy, set to take office on the 20th of this month, there are also predictions that the price of Bitcoin will move between $80,000 and $130,000 this year. Therefore, the range with a probability of more than 70% of Bitcoin's price fluctuation range in 2025 is $80,000 to $130,000, which is equivalent to a change rate of -20% to +30%. Since it is an asset with an annualized volatility of 50%, it is predicted that either of these will be reached.
He then reported that “as the market capitalization of Bitcoin grows, it is not easy to fluctuate by more than 10 times as in the past,” and added, “The reason why a target price of more than $800,000 is suggested and actual bets are made is because the market capitalization of gold is 12.5% of the total gold, and the market capitalization of Bitcoin is equal to that of gold at $800,000, which is eight times the market capitalization of gold.”
