Bitcoin ETFs Outperform In First Year, But Solana, XRP ETFs Face Challenges, Expert Says

Bloomberg Intelligence analyst James Seyffart has reflected on the remarkable success of spot Bitcoin (CRYPTO: BTC) ETFs and the potential problems in altcoin ETF approvals in 2025.

What Happened: In a recent Blockworks Macro episode, Seyffart pointed out four Bitcoin ETFs now rank in the top 20 ETF launches of all time, with iShares’ (NASDAQ:IBIT) leading the way.

He highlighted these ETFs attracted $37 billion in net inflows in their first year, far exceeding initial estimates of $15-20 billion.

Seyffart also noted the promising launch of Bitcoin ETF options, which could pave the way …

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