Bitaigen Research In this article we compile Standard Chartered Bank’s latest industry outlook, focusing on the regulatory prospects for spot ETFs such as SOL and XRP, as well as the potential upgrades for Bitcoin and Ethereum within the competitive landscape. By interpreting recent SEC actions and market feedback, we aim to help readers grasp the key factors that could shape the next round of asset allocation. Further details will be explored in subsequent sections.
Standard Chartered forecasts that spot ETFs for cryptocurrencies such as SOL and XRP could receive approval by 2025, while the market dominance of Bitcoin and Ethereum is expected to further increase.
The U.S. Securities and Exchange Commission (SEC) officially adopted the 19b‑4 rule amendment on the morning of the 24th, granting approval to eight Ethereum spot ETF applications from firms including BlackRock and Fidelity. Industry observers interpret this move as an indirect acknowledgment that Ethereum (ETH) is not classified as a security, potentially paving the way for approval pathways for other tokens.
ETF Definition: An Exchange‑Traded Fund (ETF) is a publicly traded fund that tracks the performance of an underlying asset. A spot ETF holds the underlying asset directly rather than replicating its price through derivative contracts.
Standard Chartered: 2025 May See ETFs for SOL, XRP and Other Cryptocurrencies
- Research Lead Geoffrey Kendrick notes that the SEC’s approval of an Ethereum spot ETF implies ETH is not treated as a security.
- This stance suggests that tokens such as XRP and SOL could also be deemed non‑securities in the future, opening the door to ETF authorization.
- Technical Similarity: SOL and ETH share comparable core technologies in consensus mechanisms and smart‑contract capabilities; the SEC’s acceptance of ETH may serve as a reference point for a SOL ETF filing.
- Timing Expectation: Although the market is eager for additional crypto ETFs, the earliest listings are projected for 2025 at the soonest.
Bitcoin and Ethereum Market Dominance Expected to Rise
- Kendrick predicts that in the short term Bitcoin (BTC) and Ethereum (ETH) will continue to increase their market share, especially when measured by the Sharpe index performance.
- Price Outlook (for reference only):
- Bitcoin: projected to reach USD 150,000 by year‑end.
- Ethereum: projected to break USD 8,000.
- Estimated Inflows: Within 12 months of an Ethereum spot ETF approval, inflows could range from 2.39 million to 9.15 million ETH, equivalent to roughly USD 15 billion to USD 45 billion.
- Price Ratio: By 2024, the BTC/ETH price ratio is expected to stay around 5.4 %; should BTC hit USD 150,000 at year‑end, ETH could approach the USD 8,000 mark.
Note: The forecasts above are based on current market analysis. Actual price movements are influenced by a multitude of factors, and investors should conduct their own risk assessment. In many jurisdictions, cryptocurrency gains may be subject to taxation; consult local tax regulations for guidance.
For additional updates on Bitcoin and Ethereum market dynamics, follow Bitaigen (比特根) and its related coverage.
Additional Guidance for Global Users
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Related Reading
- Bitcoin Price Forecast 2026: Long‑Term Trend, Halving Cycle
- 2025 Companies Accepting Bitcoin, Ethereum & Ripple
- Bitcoin Hits $107K Resistance: Key Support Levels
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⚠️ Risk Disclaimer: Crypto prices are highly volatile. This is not investment advice.
