State Street predicts that cryptocurrency ETFs will surpass North American precious metals ETFs by late 2025, becoming the third-largest asset class in the $15 trillion ETF market. Demand for crypto ETFs has surged, driven by increased interest from investment advisors and companies seeking crypto-related products. Currently, precious metals ETFs, led by the SPDR Gold Trust, hold about $165 billion in assets. Anticipated SEC approvals for more crypto ETFs, including those based on alternative digital assets, will further expand the market. This growth is expected to stabilize the volatile crypto space and enhance investor confidence.