Swiss ETP Issuer Predicts Another Nation to Adopt Bitcoin as Reserve and Ethereum to Resurge in 2025

Cryptocurrency provider 21Shares anticipates a transformative year for cryptocurrencies in 2025, projecting the continued rise of bitcoin, the rebound in ethereum revenues, and the expansion of stablecoins.

Exchange-traded crypto products are projected to reach $150 billion in assets under management by 2025, driven by growing institutional interest, according to 21Shares. latest research. The firm’s “State of the crypto Market Outlook to 2025,” released on December 9, identifies the key factors driving this growth, including growing institutional demand, crypto ETP approvals in the United States, and favorable macroeconomic conditions.

The outlook also predicts that more nation-states will adopt bitcoin (btc) as a reserve asset, with countries like Argentina likely to follow suit. Additionally, the report forecasts that bitcoin's total value locked will exceed $10 billion by 2025, indicating its growing utility beyond simply being a store of value.

Adrian Fritz, head of research at 21Shares, noted that while European markets “have been early adopters of digital assets in recent years, the United States is catching up and becoming an increasingly formidable market for digital assets as investor interest in this asset class grows.”

ethereum (eth) is also expected to see a resurgence in revenue growth, with 21Shares forecasting that the cryptocurrency will “recover its revenue levels, likely surpassing 100% of its target growth due to strategic Layer 2 integrations” .

The outlook also predicts greater adoption of stablecoins by both traditional financial sectors and web2 giants, saying that these assets represent “one of the most attractive use cases for cryptocurrencies, showing an ideal product market.” . 21Shares also highlighted strong performance in 2024, surpassing $10 billion in assets under management, adding that it will “bring in a new set of executives to drive business expansion in 2025.”