A new proposed ETF will directly hold Bitcoin, Ether, Solana, Cronos, and Ripple, with 70% allocated to Bitcoin. The U.S. Senate recently passed a significant bill to regulate cryptocurrency, facilitating mainstream adoption of digital assets. The legislation, which passed 68-30, represents a key win for the crypto industry following extensive lobbying. Additionally, predictions indicate Bitcoin could reach $150,000 by the end of 2025, attributed to favorable macroeconomic factors and market conditions.
The ETF will hold Bitcoin, Ether, Solana, Cronos and Ripple directly, with 70% of its assets invested in Bitcoin, 15% in Ether, 8% in SOL, 5% in CRO, and 2% in XRP.
The U.S. Senate just passed a landmark bill to regulate cryptocurrency, creating a path for digital assets to go mainstream.
The 68-30 vote reflects a major victory for the crypto industry, which has been aggressively lobbying Congress.
BitMEX co-founder Arthur Hayes predicts Bitcoin could soar to $150,000 by the end of 2025, citing a perfect storm for a Bitcoin rally.
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