TechFlow News, November 14 — According to DLNews, Thomas Perfumo, Head of Strategy at Kraken, expects cryptocurrency ETF inflows to double in 2025, reaching $50 billion. He said that "ultimate allocators" such as sovereign wealth funds, endowments, and pension funds will gradually enter the market next year, with major asset managers already considering allocating 1% to 3% of their portfolios to digital assets.
Data shows that the combined holdings of bitcoin across 11 bitcoin ETF issuers have surpassed $90 billion, accounting for more than 5% of bitcoin’s total supply. The participation of mainstream asset managers like BlackRock and Fidelity has not only reduced investment costs and risks but also enhanced the market's acceptance of crypto assets.
Perfumo further noted that Donald Trump’s victory in the U.S. election has boosted market confidence. Trump previously pledged to establish a strategic bitcoin reserve, dismiss SEC Chair Gary Gensler, and advance stablecoin legislation.
