Grayscale Executive: Cryptocurrency Industry May Welcome "Dozens of Small Victories" by 2025

According to Cointelegraph, Grayscale's Research Director Zach Pandl stated that after the two "major victories" of last year's spot crypto ETF approval and Trump's election win, the crypto industry is expected to welcome many more "dozens of small victories" by 2025. He pointed out that institutional investor participation will continue to increase, including pension funds and donation funds. Some funds may officially approve the allocation of crypto assets within 6 to 12 months, with an allocation ratio of up to 5%.

In addition, Pandl expects sovereign wealth funds outside the United States will also increase their allocation efforts towards cryptocurrencies. He emphasized that Ethereum could be one of the most important open-source software projects in history. At the same time, decentralized finance (DeFi), real-world assets and artificial intelligence tokens may attract more private fund attention.