Key shifts in 2024: What to expect from crypto market in 2025
crypto markets – be it the massive institutional adoption, the growing retail investor confidence in crypto and most importantly, the way 2024 changed the perception towards crypto. Over the years, crypto moved from being a niche financial product to a key discussion of mainstream politics in the US showing its growing influence on economies.
With the foundation set strong in 2024, the crypto market has a pipeline that shows promise to make 2025 an even better year than 2024 for the crypto market. As we move into a new year, let's look back at some of the major events that brought the crypto market to where it is today and what the coming year holds for the digital asset space.
2024 and key milestones
The approval of Bitcoin spot ETFs by the SEC early this year was a turning point for the crypto market, driving the highest institutional adoption ever seen for any asset. Institutional inflows saw an impressive $120 billion inflows into BTC ETFs in the first year alone with Blackrock leading the charge with over $54 billion in AUM, indicating institutions’ growing confidence in digital assets. Alongside ETFs, companies like MicroStrategy, Hut 8, and Tesla hold huge amounts in bitcoins, with the rising Bitcoin’s value as a globalized asset.
