Betting markets are currently showing a 72% chance of a spot Ether ETF approval in the United States.
After a wave of regulatory pushbacks against crypto within the last couple of years, industry experts are anticipating a much friendlier 2025, thanks in part to positive regulatory developments.
“2025 could be a good year for crypto policy,” wrote senior Bloomberg policy analyst Nathan Dean on May 23. “While I try to be neutral on #cryptoregulations, it feels like this week may be the turning point. #Bitcoin ETF approval, likely soon #Ethereum ETF approval and 71 House Democrats joining in on the FIT Act (not too mention SAB 121).”
Dean further explained that aside from crypto exchange-traded fund (ETF) approvals, stablecoin frameworks could also come to fruition by the end of next year. However, the analyst warned that the U.S. Securities and Exchange Commission still had the power to regulate projects that seek to classify their tokens as commodities instead of securities, though they are rather “nice to have” problems as the industry obtains further clarity under the law.