2024 has been a positively eventful year for cryptocurrencies, with three key events likely to be remembered as significant
US president-elect has championed cryptocurrency, signalling a crypto-friendly administration in office. It is expected to fuel interest in Bitcoin ETFs
Spot Bitcoin ETFs launched in January 2024 now hold over $110bn in assets under management while spot Ether ETFs launched in July have topped $12bn in assets under management
Stake Ether ETFs are expected to incorporate staking and allow in-kind redemptions
The possibility of the US stockpiling Bitcoin to form a strategic Bitcoin reserve is dividing opinion. The incoming administration is expected to be pro-crypto
Incoming SEC Chair Paul Atkins is a member of crypto advocacy group Token Alliance, which increases the likelihood of further crypto ETPs for mentioned coins
The total stable coin market cap grew by almost 50% to $193bn in 2024. Stable coins are expected to revolutionize payments and form co-brands with major global platforms
Real-world assets (RWAs) are being tokenized in partnerships between firms such as Hashnote and Usual, promising further growth for tokenized RWA products
AI and crypto are becoming increasingly interlinked, with the advent of 'AI agent coins' that incorporate autonomous AI agents and have branched into art and music
2025 is expected to be a groundbreaking year for cryptocurrencies.