Core Insights - The article provides an overview of major cryptocurrencies, focusing on Bitcoin, Ether, and XRP, highlighting their market positions and performance trends [1][6]. Bitcoin - Bitcoin is recognized as the first cryptocurrency and has evolved into a mainstream financial asset since its inception in 2009 [2]. - Recently, Bitcoin's closing price fell to its lowest level in over three months, currently up approximately 15% year-to-date but about 13% below its record close earlier this month [3]. Ether - Ether, launched in July 2015 on the Ethereum blockchain, holds the second largest market share among cryptocurrencies [4]. - Ether's closing price has also dropped, reaching its lowest level in over two months, with a year-to-date increase of around 16% and approximately 20% below its record close from August 2025 [4]. XRP - XRP, launched in 2012 and owned by Ripple, was once among the larger cryptocurrencies but has since faced increased competition [5]. Comparative Analysis - An index has been created to compare Bitcoin, Ether, and XRP, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth since November 9, 2017, with Bitcoin currently leading [6]. ETF Developments - On January 10, 2024, the SEC approved several spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund [7]. - On July 23, 2024, multiple spot Ether ETFs were launched, including Grayscale Ethereum Trust and Franklin Ethereum ETF, providing new investment opportunities [8].

Core Insights - The UK authorities are launching crypto ETPs, potentially late compared to the US, where spot Bitcoin and Ethereum ETFs were approved over a year ago [1][6] - Despite the anticipated positive impact on Ethereum prices, the market has not responded favorably, with ETH USD experiencing a decline [2][3] - The Financial Conduct Authority has lifted a four-year ban on retail access to crypto ETNs, allowing retail investors to purchase through familiar brokerage accounts, which could stimulate demand for Ethereum [7] Market Performance - ETH USD has decreased nearly 4% in the past week, trading below $3,900, and remains over $1,000 away from its all-time highs [3] - A critical support level for ETH USD is identified at $3,700, with local resistance at $4,250 that needs to be surpassed for an uptrend to continue [4] - Trading volumes on major exchanges like Binance and OKX have dropped by over 8%, indicating a bearish sentiment despite a bullish long-short ratio [5] Future Outlook - The success of Ethereum ETPs on the London Stock Exchange is contingent on the reception from major players like BlackRock and WisdomTree [6] - The potential for tax-free gains for retail investors could act as a catalyst for increased investment in Ethereum, possibly pushing prices above $4,000 and even $5,000 in the medium term [7]

Market Trends - Spot Bitcoin ETF trading volume exceeds $1 billion within the first 10 minutes [1]

🚨UPDATE: TOTAL SPOT BITCOIN ETF TRADING VOLUME EXCEEDS $1 BILLION WITHIN THE FIRST 10 MINUTES OF TODAY’S TRADING SESSION ~ WATCHERGURU ...

JUST IN: Total spot Bitcoin ETF volume surpasses $7.5 billion today. ...

JUST IN: Total spot Bitcoin ETF volume surpasses $5 billion today. ...

🇺🇸 UPDATE: The SEC further delays decision for Truth Social Spot Bitcoin ETF, seeking public comments on the proposal. https://t.co/olGtOdtm8m ...

Group 1: Cryptocurrency Overview - The article discusses major cryptocurrencies by market share, specifically bitcoin, ether, and XRP, highlighting their foundational differences and investment risks [1] - Bitcoin is recognized as the first cryptocurrency, launched in early 2009, and has evolved into a mainstream financial asset despite its volatility [2] - Ether, launched in July 2015 on the Ethereum blockchain, is the second largest cryptocurrency by market share and has shown significant year-to-date growth [4] Group 2: Price Performance - Bitcoin's closing price was approximately $111,000, reflecting an 18% increase year-to-date and being about 10% below its record close from August 2025 [3] - Ether's closing price hovered around $4,300, with a year-to-date increase of approximately 28%, but is about 111% below its record close from August 2025 [4] Group 3: Comparative Analysis - An index has been created to compare bitcoin, ether, and XRP, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth since November 9, 2017, with bitcoin currently leading [6] Group 4: ETF Developments - On January 10, 2024, the SEC approved several spot bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund [7] - On July 23, 2024, multiple spot ether ETFs were launched, including Grayscale Ethereum Trust and Franklin Ethereum ETF, providing new investment opportunities [8]

Market Trend - Central Asia sees the launch of its first spot Bitcoin ETF by Kazakhstan's Fonte Capital [1] Product Launch - Fonte Capital's Bitcoin ETF OEIC Plc (BTEF) is set to commence trading [1]