Luno’s predictions for the crypto landscape in 2025
2024 was a breakthrough year for crypto, with new record-breaking highs and a flood of institutional participation fueled by ongoing regulatory progress. What does South Africa’s cryptocurrency app, Luno, expect for 2025? Christo de Wit, Luno’s country manager for South Africa, explains what the business forecasts.
Source: Supplied. Christo de Wit, Luno’s country manager for South Africa.
Digital assets in investment portfolios
Due to heightened institutional investment in crypto and the launch of Bitcoin spot ETFs in 2024, there was an uptick in Ethereum ETFs. Eight were approved during the year, albeit with less activity than Bitcoin spot ETFs. Crypto enthusiasts predict that the SEC’s approval of Bitcoin and Ethereum could…