At the end of 2024, Jeff Park from Bitwise Asset Management shared his predictions for the crypto market in 2025. His insights focus on major changes in a sector experiencing significant growth.
Surge of Bitcoin Structured Products
Park forecasts that by 2025, Bitcoin structured products will attract at least $5 billion in assets. He notes that private wealth managers and institutions remain cautious of direct Bitcoin exposure. Products such as buffered notes and principal-protection ETFs might address this gap, offering suitable volatility exposure to institutions.
Maple Finance Outpaces BlackRock’s BUIDL
With a total value locked (TVL) of approximately $535 million, Park believes Maple Finance will surpass BlackRock’s BUIDL project. He argues that decentralized markets will see faster adoption compared to 'security tokenization' projects, and platforms like Maple Finance offer institutional-grade services.
Emergence Of A New Decentralized Crypto Stablecoin
Despite past failures like LUNA, Park anticipates the rise of a new decentralized stablecoin backed by a strategic reserve. He asserts that while Bitcoin’s role as a reserve asset is undeniable, there is a need for reserves free from sovereign influence.
Park's predictions follow on from Bitwise’s forecasts for 2025. The firm anticipates significant market growth and increased influence of cryptocurrencies on the global economy.
