Bitcoin Suisse Outlook 2025: Crypto Bull Market Will Continue, Ethereum Staking ETFs Could Outperform Bitcoin

Crypto finance service provider Bitcoin Suisse says the crypto bull market will continue in 2025, and projects that Ethereum staking exchange-traded funds

Bitcoin Suisse, a crypto finance service provider, has shared its outlook for the next year in a new report. The report includes key projections for 2025, such as the U.S. adopting a Bitcoin (BTC) strategic reserve, BTC trading to an all-time high above $180'000, and financial giants unveiling institutional rollups on Ethereum (ETH).

One of the biggest projections in the report is that Ethereum-staking exchange-traded funds (ETFs) could surpass Bitcoin ETFs.

“While Bitcoin ETFs shattered records with $32B in net flows and IBIT now approaching $50B in AUM in just 225 trading days, we project a structural shift of flows into ETH ETFs in the post-election environment.”

Bitcoin Suisse points to key fundamentals for its Ethereum ETFs 2025 prediction. One of these is the risk-reward proposition Ether ETFs offer as institutional demand surges.

An example of this is the flip in capital flows that occurred in November, which saw Ethereum ETFs outpacing Bitcoin ETFs in daily flows – $332.9 million for ETH compared to $320 million for BTC.

Institutions showed a preference for Ether ETFs despite their lower liquidity and higher premiums, which ranged between 0.7% and 1.2% for ETH compared to 0.2% to 0.4% for BTC. This is due to the fact that ETH ETFs offer a better risk-reward proposition with premiums relative to the underlying institutional demand.

According to the report, another factor that could contribute to the outperformance of Ethereum ETFs is the regulatory headwinds that have surrounded staking yields. These yields are expected to be approved for inclusion in ETFs under the new Trump administration, which could unlock a 3-4% yield. This is particularly compelling to institutional allocators, especially in a declining rate environment.

“We project that staking yields will disproportionately benefit Ethereum and emerge as the primary catalyst for sustained constructive flows into ETH ETFs.”

The report also projects the approval of new crypto ETFs, with Solana (SOL) and XRP (XRP) leading the race, having seen multiple issuers file applications with the U.S. Securities and Exchange Commission (SEC) to launch the products.