More than a dozen new cryptocurrency ETFs are expected to be approved in the US by 2025, according to a report by Laser Digital, a digital asset subsidiary of Nomura Holdings. Several asset management institutions have submitted applications to the SEC, including the ProShares bitcoin-denominated S & P 500 ETF, the Bitcoin/Ethereum portfolio ETF, and products based on Litecoin, XRP and Solana. The report points out that under the leadership of new SEC chairperson Paul Atkins, the crypto regulato...
Nomura and its digital asset subsidiary Laser Digital surveyed 547 Japanese institutional investors in April. They found that 54% of investors will buy crypto assets in the next three years. However, only a quarter have a positive impression of cryptocurrencies, while 52% are neutral. Diversification was cited as the most important driver of investment, with 62% of investors citing it as a benefit. Respondents who know more about cryptocurrencies are more enthusiastic about the potential for div...