With the cryptocurrency market evolving rapidly, the landscape for crypto-based ETFs is expected to change significantly in the coming year. According to @JSeyff’s recent outlook, a wave of cryptocurrency ETFs is anticipated, though they will likely launch in stages rather than simultaneously.
Expected ETF Launch Order:
- Bitcoin + Ethereum Combo ETFs: Given their established status in the market, these are expected to be the first crypto ETFs to receive approval.
- Litecoin (LTC): As a fork of Bitcoin and categorized as a commodity, Litecoin appears well-positioned for an ETF listing after BTC and ETH.
- HBAR (Hedera Hashgraph): Since HBAR has not been labeled a security, it stands a strong chance of being next in line.
- XRP & Solana (SOL): Although both have faced regulatory scrutiny and been labeled securities in pending lawsuits, they might still see ETF approvals depending on the legal outcomes.
Implications for Peercoin (PPC):
While Peercoin wasn’t specifically mentioned, its history as one of the earliest cryptocurrencies and its unique proof-of-stake mechanism could make it a candidate for future consideration. As the market matures and regulatory clarity improves, more diverse crypto ETFs, possibly including Peercoin, could emerge.
Discussion: What are your thoughts on this potential ETF rollout sequence? Could Peercoin’s established network and sustainability-focused design position it for future ETF inclusion? Share your views below!
Source: Bloomberg Report