The year 2024 saw significant changes in the crypto ETF sector. US regulators approved the trading of spot Bitcoin and Ethereum ETFs, marking an important milestone for the industry.
Solana: New Horizons
Recently, the Brazilian government approved at least two Solana ETFs. BlackRock's CIO, Samara Cohen, acknowledged the possibility of an SOL ETF. Solana ranks as the fifth-largest crypto with a market cap of $106,601,790,284 and has seen a growth of 205.6% in the last year.
Ripple: Legal Challenges and Growth
This year, XRP has been in the spotlight due to its legal battle with US regulators. The new policy is expected to help the crypto recover. WisdomTree sought regulatory approval for its spot XRP ETF. With a market cap of $151,416,167,935, XRP is the third-largest crypto, experiencing a 325.7% increase over the last year.
Cardano: Breakthrough Amidst Changes
Cardano is known for its commitment to continuous improvement. Following Donald Trump's victory, ADA has seen substantial growth. It ranks ninth in market cap, at $39,368,157,441, with an 82.1% surge over the past year.
The potential for crypto ETFs in 2025 looks promising, with Solana, Ripple, and Cardano emerging as strong candidates, potentially reshaping the industry.
