The cryptocurrency sector recorded a landmark year in 2025, with total market capitalization surpassing US$4 trillion for the first time.
The expansion reflected increased institutional participation, the maturation of crypto investment products, and greater regulatory clarity in the United States and other major markets.
Here are some of the key developments that shaped the crypto market during the year.
Bitcoin ETFs expand following 2024 launch
After their approval and launch in the United States in January 2024, spot Bitcoin exchange-traded funds (ETFs) entered a phase of significant expansion in 2025.
Growth during the year was driven by rising assets under management, continued institutional inflows, and the introduction…
