TechFlow news —渣打银行 analyst Geoffrey Kendrick said ETFs for other cryptocurrencies such as SOL and XRP could be approved in 2025.
He noted that the SEC's approval of spot Ethereum ETFs indicates that ETH is not classified as a security, implying that other cryptocurrencies similar to ETH may also not be considered securities.
He believes Bitcoin and Ethereum's market dominance will increase, and expects trading of Ethereum ETFs to begin next month. Additionally, he reiterated his forecast that Ethereum will reach $8,000 by year-end.




