Matt Hougan, Chief Investment Officer at Bitwise, believes the crypto market is on the verge of a major rally as the US Securities and Exchange Commission (SEC) prepares to introduce generic listing standards for crypto exchange-traded products (ETPs). Key Takeaways: Bitwise CIO Matt Hougan expects a strong year-end crypto rally driven by macro factors like rate cuts. He believes the SEC’s proposed generic ETP listing standards could fast-track multiple crypto ETFs. Bitwise has filed for a spot Avala ...

Stockholm, September 16th, 2025 - Virtune, a leading and Swedish regulated crypto asset manager, is proud to announce the appointment of Benedict von Lucke as Country Manager for Germany. This strategic appointment marks an important step in Virtune’s continued expansion across Europe and reinforces the company’s commitment to making crypto investments accessible, secure, and transparent for both institutional and retail investors. Benedict von Lucke joins Virtune with an impressive international track reco ...

Core Insights - Global exchange-traded product (ETP) assets remained resilient, holding above $200 billion for the second consecutive month in August, indicating strong investor appetite for regulated crypto products [1][3][5] - The divergence between Bitcoin and Ethereum products is attributed to temporary market phases rather than a structural shift, with Ethereum experiencing record inflows [6][9] ETP Market Dynamics - Bitcoin ETP assets under management closely mirrored the 6.5% decline in Bitcoin's price in August, showing stability compared to the more price-sensitive crypto-native investors [4][5] - Ethereum ETPs attracted nearly $10 billion in inflows over two months, driven by strong price performance and increased institutional interest [8][9] Investor Behavior - The current market cycle has seen a shift towards altcoins, with Ethereum leading the charge, while Bitcoin's dominance remains intact [7][11] - Altcoin ETPs have increased by 30% this year, indicating a growing risk appetite among investors for single-asset exposure rather than diversified basket products [10][11] Future Catalysts - Potential catalysts in the ETP space include the approval of additional crypto assets by the US SEC, which could lead to new staking products and broaden the range of offerings [2][12] - The evolution of yield strategies in Europe, particularly the integration of decentralized finance (DeFi) into structured products, is being explored by companies like Fineqia [2][13][14]

Core Insights - 21Shares has published its mid-year 2025 report, highlighting significant developments in the cryptocurrency market and validating its earlier predictions for the year [1][2] Group 1: Market Developments - The report indicates that nation-states are increasingly adopting Bitcoin as a strategic reserve asset, with the U.S. becoming the largest public holder with over 200,000 BTC [4] - Total assets under management (AUM) in global crypto ETPs have reached $180 billion, with a potential rise to over $250 billion if macro conditions improve, reflecting a 38% increase in valuations [4] - Solana is gaining market share against Ethereum, with real economic value narrowing the gap significantly from $73 million vs. $142 million in October 2024 to $30.5 million vs. $39 million in June 2025 [4] Group 2: Regulatory Changes - Many jurisdictions are reconsidering retail crypto bans, with the UK moving to lift the retail ban on crypto ETNs and Japan proposing to legalize Bitcoin ETFs [4] - South Korea has lifted its corporate crypto trading ban and is preparing to open the door to crypto ETFs, indicating a shift towards more favorable regulatory environments [4] Group 3: Stablecoin Adoption - Stablecoin AUM has reached an all-time high of $252 billion, with 35.7 million active addresses, showcasing the growing adoption by nation-states, financial institutions, and Web2 companies [4] - The GENIUS Act in the U.S. is gaining momentum for stablecoin legislation, while Hong Kong has launched a stablecoin sandbox and Thailand is piloting a retail baht-backed stablecoin [4]