After significant regulatory pressures on cryptocurrencies in recent years, experts in the sector expect a more friendly 2025 due to partially positive regulations.
Bloomberg Analyst and Cryptocurrencies
Senior Bloomberg policy analyst Nathan Dean stated on May 23 that 2025 could be a good year for crypto policy.
#cryptoregulations might be a turning point this week. Bitcoin ETF approval, likely soon Ethereum ETF approval, and 71 House Democrats joining the FIT Act (not to mention SAB 121).
Dean also noted that ETF approvals are not the only topic, as the boundaries of stablecoins could also gain clarity by the end of next year.
Support from ETF Analyst
Bloomberg analyst Eric Balchunas, known during the spot Bitcoin and spot Ethereum ETF era, shared a similar view. Balchunas referred to a congressional letter and said:
A bipartisan group of House representatives sent a letter to Gary Gensler calling on the SEC to approve spot Ether ETFs. This offers investors regulated, transparent, and secure crypto access. It’s surreal and fascinating to see ETFs drawn into mainstream politics and election year narratives.
It is also worth noting that the US is not the only place where regulators prefer regulations over simple sanctions.
On May 22, the first Bitcoin and Ethereum exchange-traded products (ETPs) began trading on the London Stock Exchange following approval from the UK Financial Conduct Authority.
Although ETPs are only available to professional investors, a spokesperson from CryptoUK, the self-regulatory trade association for the UK crypto asset industry, stated that the approval was a step in the right direction and contributed to positioning the UK as a global crypto asset hub.
Later in the day, a significant decision is expected to be finalized in the US. The decision on VanECK’s spot Ethereum ETF is expected today, which could create significant volatility in the market. Investors are likely to keep a close eye on the market during this time.
