Cryptocurrencies Such As Bitcoin, Ethereum, Dogecoin, and XRP Remain Stationary as SEC's Crypto ETF Policy Becomes Less Restrictive
The US Securities and Exchange Commission (SEC) has taken a more accommodating approach towards crypto exchange-traded products (ETPs), potentially paving the way for increased institutional adoption. Under the Trump administration, the SEC's green light on listing standards for crypto ETPs has decreased barriers for entities to release crypto exchange-traded funds (ETFs).
However, the overall sentiment in the crypto market remains "Neutral," with the major cryptocurrencies showing a decline in the "bull vs bear" showdown. Bitcoin, the leading digital currency, has briefly reached $118,000 before retracing, while Ethereum is maintaining its position below $4,650. XRP is changing hands at $3.08, and Dogecoin has dropped by 0.41% to reach $0.2815.
Investors are closely monitoring these key crypto assets for an optimistic response to the latest positive regulatory shift. Since the recent positive regulatory shift by the SEC allowing generic listing standards for crypto spot-ETPs, several major asset managers, including seven large firms that revised their XRP-ETF applications by August 22, 2025, have announced their interest in launching such products. Major US exchanges like NYSE, Nasdaq, and Cboe Global Markets are authorized to list these new crypto ETFs without lengthy individual reviews.
Despite these developments, the crypto sector is experiencing prevailing uncertainty. Trading volumes across prominent cryptocurrency exchanges have declined by 21% over the past 24 hours. The industry is currently in a holding pattern, with Bitcoin, Ethereum, Dogecoin, and XRP all showing sideways movement.
Analysts expect Bitcoin to drop to $112K before potentially surging to $130K. However, whether this current scenario will lead to the next significant market movement remains uncertain. Liquidations have reached $250 million throughout the market, indicating a period of market volatility.
In conclusion, while the SEC's relaxed stance on crypto ETPs has sparked speculation and interest, the market is still navigating through a phase of uncertainty. As always, investors are advised to conduct thorough research and consider their risk tolerance before making investment decisions.
