State Street analysts have predicted that crypto exchange-traded funds (ETFs) could flip precious metals ETFs to become the US’s third-largest asset class among all ETF categories by the end of 2025.
The bank, which is the world’s largest ETF servicer, based its prediction on the surging demand for crypto ETFs.
According to State Street’s global head of ETF solutions, Frank Koudelka, spot crypto ETFs’ growth has been unprecedented. However, he believes there is more room for growth, especially as more investment advisors are adding crypto ETFs to their portfolios.
