Crypto ETFs were ready to launch, then the US government shut down — here's what could happen next https://t.co/3HIfdz3iUC ...

He is the one and one of the ones of him, Jeffrey Ciphford, who actually called out uh the Bitcoin ETF was going to be approved. Now, when I first heard about these guys, I was like, there's no way it's going to happen. It hasn't happened yet.I don't think it's going to happen. And of course, I was proven totally wrong. And with this one, I think this is a pretty good catalyst for potentially altcoins running up in Q4 of 2025.It's amazing how good timing is. Here's what we got. Bloomberg analyst Otunis puts ...

Core Insights - September saw the launch of several notable crypto-based ETFs, marking a reacceleration in the crypto ETF market following the introduction of bitcoin ETFs early last year [2][3] - The REX-Osprey XRP ETF (XRPR) and REX-Osprey DOGE ETF (DOJE) are among the new offerings, with XRPR attracting significant inflows [3][4] ETF Launches - The REX-Osprey XRP ETF (XRPR) tracks the digital asset XRP associated with Ripple, while the REX-Osprey DOGE ETF (DOJE) tracks Dogecoin [3] - The Grayscale CoinDesk Crypto 5 ETF (GDLC) tracks an index that includes bitcoin and four other crypto assets, boasting around $749 million in total assets under management [3][4] Investor Interest and Performance - XRPR has seen inflows of approximately $67 million, while DOJE has attracted just under $20 million [4] - Despite initial interest, XRPR is down about 7% and DOJE is down 17% since their launches [8] Market Expectations - Experts anticipate that crypto index funds like GDLC could become particularly popular among investors and financial advisers [5][9] - A clearer regulatory stance from the SEC is expected to facilitate the approval of more crypto ETFs, with expectations that most applications will gain approval before 2026 [7] Trading Activity - XRPR set a record for first-day trading volume in the ETF sector this year, while DOJE ranked in the top five for first-day trading [6] - The overall investor reaction indicates a growing appreciation for the convenience and efficiency of crypto ETFs [10]

Market Overview - The cryptocurrency market capitalization has increased by 1.3% to $4.01 trillion, with total trading volume at $173 billion [1][2] - All top 10 coins have appreciated, with Bitcoin (BTC) and Ethereum (ETH) being the best performers, trading at $113,992 and $4,191 respectively [2][3] Performance of Major Coins - Bitcoin (BTC) rose by 2.1%, while Ethereum (ETH) increased by 2.4%, making ETH the highest gainer among the top coins [3] - Binance Coin (BNB) saw a rise of 1.4%, while other coins recorded increases below 1% [3] Notable Declines - Among the top 100 coins, three experienced double-digit drops: Plasma (XPL) down 15.6%, Provenance Blockchain (HASH) down 11.7%, and Story (IP) down 11.6% [4] - Figure Heloc (FIGR_HELOC) was the top gainer, appreciating by 6.7% [4] Market Sentiment and Future Projections - Crypto market sentiment has shifted from fear to a neutral area, indicating a potential stabilization [2] - Analysts suggest that BTC is not near its peak and could reach prices of $240,000 or even $300,000 in the future [5] - Current market dynamics indicate a corrective phase for BTC, with expectations of consolidation rather than continuation in the immediate term [6]

Group 1 - The crypto market is anticipating 16 ETF decisions from the SEC in October, which could lead to significant new inflows into crypto ETFs [5][6][8] - The SEC's approval odds for most pending ETF filings are estimated at 90-95%, indicating a favorable regulatory environment for crypto-focused investment products [7] - The success of Bitcoin and Ethereum spot ETFs has set a precedent, with BlackRock's iShares Bitcoin ETF accumulating over $30 billion in assets within a year [9] Group 2 - The ETF market is evolving, with new entrants in both crypto and fintech sectors expected to challenge the current top-10 ETF products by October 2025 [1][2] - Investor sentiment remains optimistic due to a resilient U.S. economy and ongoing Federal Reserve rate cuts, which could support growth in the ETF market [2] - Artificial Intelligence and digital investments are driving capital expenditures in industrials and tech, suggesting continued investment momentum in these areas [3]

Core Viewpoint - Vanguard is reconsidering its position on crypto ETFs due to client demand and changes in regulatory stance, indicating a potential shift in its investment offerings [2][3]. Company Position - Vanguard has historically not allowed crypto ETFs on its brokerage platform but is now evaluating its offerings in light of evolving investor preferences and regulatory changes [3]. - A spokesperson from Vanguard stated that while cryptocurrency mutual funds and ETFs are not currently available, the company continuously assesses its brokerage offerings [3]. Leadership Influence - Vanguard's CEO, Salim Ramji, previously worked at BlackRock, where he was involved in launching significant ETFs, including the iShares Bitcoin Trust ETF, which has a market size of $84 billion [4]. Potential Strategies - Vanguard may adopt several strategies regarding crypto ETFs: - Allow most crypto ETFs on its platform. - Limit or exclude crypto ETFs, similar to its stance on leveraged ETFs. - Approve select crypto ETFs, such as spot Bitcoin, while avoiding those deemed too speculative [5][6]. Market Context - The shift in Vanguard's approach reflects broader industry trends and client interest in cryptocurrency investment products, highlighting the evolving landscape of ETFs [2][5].

Market Trends - Vanguard is exploring offering access to crypto ETFs [1] - Regulators are probing suspicious stock trades ahead of DAT purchases [1]

Crypto ETF Access - Vanguard, the world's second largest asset manager, is "quietly preparing" to allow clients access to crypto ETFs [1] - Vanguard manages $10 trillion of assets under management (AUM) [1] Policy Change - This move represents a reversal of Vanguard's longstanding anti-crypto policy [1]

Regulatory Landscape - SEC considers innovation exemption [1] - CFTC proposes stablecoin collateral rules [1] Market Trends - Chinese firms halt Hong Kong crypto operations [1] - Vanguard eyes crypto ETFs [1] Investment & Fundraising - BlackRock ETFs generate $260 million [1] - Tether considers $500 billion valuation fundraise [1] Legal Actions - FTX sues Genesis [1]

Crypto ETF - Vanguard 准备在其经纪平台上向客户提供第三方加密货币 ETF 的访问权限 [1] - Vanguard 没有推出自己的加密货币产品的计划 [1] - Vanguard 正在考虑增加精选的外部 ETF [1] - 具体的时间表和产品仍未决定 [1]