More than a dozen new cryptocurrency ETFs are expected to be approved in the US by 2025, according to a report by Laser Digital, a digital asset subsidiary of Nomura Holdings. Several asset management institutions have submitted applications to the SEC, including the ProShares bitcoin-denominated S & P 500 ETF, the Bitcoin/Ethereum portfolio ETF, and products based on Litecoin, XRP and Solana. The report points out that under the leadership of new SEC chairperson Paul Atkins, the crypto regulatory environments will become looser.