Happy New Year, advisors! We look forward to bringing you crypto news for advisors every Thursday this year!

In today’s issue, our first newsletter of 2025, Roxanna Islam from TMX VettaFi provides a comprehensive guide to the world of crypto ETFs, looking at what happened in 2024 and what’s expected in 2025.

Then, Griffin Kelly from The Daily Upside answers questions about ETFs in Ask an Expert.

---

Crypto ETFs - 2024 in Review and Why They Still Matter in 2025

In the broader crypto industry, exchange-traded funds (ETFs) have somewhat faded into the background as other trends take center stage. However, they remain a crucial bridge from traditional finance (TradFi) to decentralized finance (DeFi) for advisors and many investors.

2024: Bitcoin’s Significant Influence on ETFs

Here are some notable figures regarding crypto ETFs from 2024:

• Over $1 trillion in net inflows across the ETF market.
• The iShares Bitcoin Trust (IBIT) recorded the third highest inflows with $37.2 billion.
• The Fidelity Wise Origin Bitcoin Fund (FBTC) emerged as Fidelity’s largest ETF with over $19.6 billion in assets.
• A total of 43 new crypto ETFs launched in 2024.

2025: Anticipated Innovations in Crypto ETFs

Looking to 2025, we foresee a surge in new ETF filings. With a crypto-friendly U.S. government and changes in the SEC, new products are expected. Areas of focus include:

• More spot ETFs for cryptocurrencies beyond Bitcoin and Ether.
• Innovative packaging of digital assets in ETF wrappers.
• A variety of new ETF strategies reflecting current market trends.

Here are a few projected innovations:

1. More spot ETFs for cryptocurrencies like Solana and XRP.
2. Introduction of index-based ETFs that offer diversified exposure.
3. ESG-focused ETFs integrated with digital assets like carbon credits.

As these developments unfold, the landscape for crypto ETFs remains dynamic and promising.