✅ Standard Chartered: Solana and XRP ETF may launch in 2025!!
With the SEC's recent approval of Ethereum Spot ETFs, Standard Chartered Bank analyst Geoffrey Kendrick believes that the next chapter of crypto ETFs could be coming in 2025.
With the current legalization with leading codes such as ETH or BTC, it will accelerate the progress of tokenization for the CRYPTO market> The benefit here is that the legalization itself will create a legal corridor. Minimize the risk of scams for investors, filter out tokens that are sustainable and practical, purify the market and promote practicality in application.
The side effect of establishing an ETF will be token control by the US government, which is similar to the transfer from small sharks to a larger shark. Liquidity and price manipulation will still occur due to the authorities' need to adjust the economy. Creating an ETF also increases the tax value, reducing profits for investors.
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In the long term, according to AD's assessment, legalizing ETF will still be a need and help the CRYPTO market become clean and reach many demanding investors as well as facilitate the creation of circulation corridors between countries. family.