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Approval

401(k) Crypto Retirement plans ‘bigger’ than Bitcoin ETF approval: analyst

by admin August 19, 2025

The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, the head of European research at crypto asset manager Bitwise.

President Donald Trump paved the way for cryptocurrency inclusion in US 401(k) retirement plans after signing an executive order on Aug. 7, granting Americans access to digital assets through their retirement plans.

The inclusion of crypto in 401(k) plans may be even more significant for the Bitcoin (BTC) price than the approval of the US spot Bitcoin exchange-traded funds (ETFs) in January 2024, Dragosch said.

This “bullish” development may be even “bigger than the US Bitcoin ETF approval itself,” signaling another $122 billion worth of new capital, assuming a modest 1% portfolio allocation, Dragosch told Cointelegraph during the Chain Reaction daily X spaces show on Monday, throwing in a price prediction for good measure:

“The official prediction remains $200,000 by the end of the year.”

“If you look at 401(K) and defined-contribution retirement plans in the US, they are huge,” said Dragosch, adding that 1% is a “relatively conservative” allocation estimate for the $12.2 trillion industry.

Is Bitcoin Headed for a 2025 Peak? Or is the 4-Year Cycle Dead? https://t.co/DckFjvkJIx

— Cointelegraph (@Cointelegraph) August 18, 2025

Including digital assets in retirement plans will enable 401(k) portfolio managers to invest in Bitcoin ETFs, which may push Bitcoin’s price to new all-time highs, flashing another optimistic signal for Bitwise’s $200,000 Bitcoin price target for the end of 2025.

Related: Bitcoin’s corporate boom raises ‘Fort Knox’ nationalization concerns

Fed policy, retirement plans seen as dual drivers

Based on Bitwise’s survey for financial advisers, most portfolio managers are more likely to recommend a 2.5% or 3% Bitcoin allocation for retirement plans, suggesting more significant inflows than the initial 1% allocation.

The first Bitcoin inflows from retirement plan managers may come as soon as this fall, coinciding with the first expected interest rate cut by the US Federal Reserve, which may drive Bitcoin to new highs, said Dragosch, adding:

“If you see further Fed rate cuts, there’s definitely a case for $200,000 by the end of the year.”

Markets are pricing in an 83% chance that the Fed will keep interest rates steady during the next Federal Open Market Committee meeting on Sept. 17, according to the latest estimates of the CME Group’s FedWatch tool.

Fed target interest rate probabilities. Source: CME Group’s FedWatch tool

Related: Analysts see Bitcoin buyer exhaustion as retail shifts to altcoins

Beyond improving monetary policy expectations, Bitcoin adoption may also be accelerated by the financial incentive of 401(k) plan providers to offer Bitcoin ETF exposure.

BlackRock, Fidelity and Vanguard are among the largest retirement plan providers in the US. While Vanguard has yet to “greenlight” crypto ETFs, “BlackRock and Fidelity have a huge economic incentive to include these Bitcoin ETFs in their standard plans,” said Dragosch.

US spot Bitcoin ETF overview by market share. Source: Dune

BlackRock is the issuer of the largest Bitcoin ETF, the iShares Bitcoin Trust, with over $84 billion in assets under management, accounting for 57.5% of the total market share, while Fidelity’s ETF is the second-largest, holding $22.4 billion, accounting for 15.3% of the total market share, Dune data shows.

Last Friday, US Securities and Exchange Commission Chair Paul Atkins confirmed that the regulatory agency is working with the Trump administration to enable retail investors’ retirement plan access to private equity, including crypto assets, but urged the necessity of “proper guardrails” around alternative investments.

Magazine: Crypto traders ‘fool themselves’ with price predictions — Peter Brandt

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August 19, 2025 0 comments

NFT Gaming

Japan Eyes Approval Of Yen-Backed Token

by admin August 19, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Japan is inching towards the approval of its first yen-backed stablecoin, with regulators likely to approve it as soon as October.

Nikkei reports that the token, named JPYC, will be issued by Tokyo fintech company JPYC and will be backed by the Japanese yen with reserves like bank deposits and government debt.

Stablecoin Target Remittances And Corporate Payments

The forthcoming launch follows a 2023 revision of Japan’s Financial Services Agency’s legal requirements classifying stablecoins as “currency-denominated assets.”

With this regulation, only licensed money transfer companies, trust companies, and banks may issue them. JPYC is in the process of registering as a money transfer company within the month, which will enable selling tokens shortly afterward.

The company’s goal is ambitious. Within the next three years, it plans to sell 1 trillion yen’s worth of JPYC, roughly $6.8 billion at the current rate of 147 yen per dollar.

🇯🇵 Japan to greenlight first yen-based stablecoin.

The Financial Services Agency will approve the issuance of Japan’s first yen-denominated stablecoin as early as autumn, with the aim of using it for international remittances and more.

— World of Statistics (@stats_feed) August 18, 2025

The tokens might be utilized for cross-border remittances, corporate payments abroad, or trading in decentralized finance markets.

News also indicates hedge funds dealing in cryptocurrencies and family offices handling money of rich investors are already evincing interest.

Carry Trades Attract Institutional Interest

Market observers think that JPYC can also find use in carry trades, which exploit the disparity in interest rates among currencies.

That prospect has attracted institutional interest at a point when stablecoins are becoming popular worldwide.

BTCUSD trading at $115,718 on the 24-hour chart: TradingView

Dollar-backed tokens continue to hold sway, with the overall value of all stablecoins recently hitting more than $250 billion.

Tether’s USDT and Circle’s USDC continue to be used the most for trading and settlements.

Yet, Japan’s attempt to launch a regulated yen-backed token may signal the way toward increased regional adoption in Asia, where dollar-denominated stablecoin alternatives are being monitored closely.

Regulated Path Offers Predictability

JPYC’s approval would highlight Japan’s stricter but clearer approach compared to many other countries.

Analysts say the framework gives companies more certainty as they test blockchain-based settlement systems without fear of regulatory ambiguity.

According to estimates, the global stablecoin market could swell to nearly $4 trillion by 2030, more than 10 times its current size.

And if yen-pegged instruments, such as JPYC, gain traction, they could capture some of that growth and resonate with Asian investors looking for alternatives to dollars.

The Japanese move also comes as governments across the globe heighten their monitoring of stablecoins due to fears about financial stability.

Featured image from CNN, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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August 19, 2025 0 comments

Crypto Trends

Bitcoin ETFs Headed for Approval in 2025

by admin June 22, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025.

According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on State Affairs Planning outlining new rules and infrastructure for issuing, trading and valuing these funds.

This move follows President Lee Jae‑myung’s promise to bring crypto into the mainstream financial system.

South Korea Plans Spot Crypto ETFs

Based on reports, the FSC wants to set clear rules on custody, trading platforms and fund evaluation before any ETF hits the market. The plan targets approval in the latter half of 2025, though officials warn that details could still shift.

Retail investors will likely gain access to Bitcoin and other crypto assets through traditional brokerage accounts, rather than relying on self‑custody options.

Total crypto market cap currently at $3.17 trillion. Chart: TradingView

Stablecoins Tied To The Won

Alongside ETFs, regulators aim to roll out a domestic stablecoin pegged to the Korean won by late 2025. According to the FSC roadmap, a won‑based token would cut down on capital flight and provide a homegrown digital payment option.

This stablecoin framework will cover issuance rules, reserve requirements and auditing standards to keep trust high among users.

Investor Protections And Rules

Investor safety features heavily in the proposals. The government plans a “one‑strike” policy for companies caught in market manipulation, requiring executives to return any illicit gains. Public firms that fall foul of these rules could face faster delisting. There’s also talk of stiffer penalties for unfair trading and stronger disclosure rules for crypto firms.

Image: Verdict

Market Impact And Next Steps

South Korea is already one of the world’s top retail crypto markets, with local investors holding about $76 billion in digital assets at the end of 2024. Opening ETFs could shift some of that into regulated products, smoothing out wild swings while bringing in new capital from cautious buyers.

The FSC is also looking at extending Korea Exchange trading hours from 6.5 to 12 hours a day, which could boost liquidity across all asset classes.

Despite the promise, experts say getting the final regulations right will be crucial. Custody rules must guard against hacks, pricing methods need to reflect real‑time markets, and audit standards have to verify underlying asset holdings.

Still, this roadmap represents a major shift in South Korea’s stance on crypto. If it goes ahead as planned, the country will join the US, Canada and parts of Europe in offering spot‑based crypto ETFs—potentially setting a trend for other Asian markets.

Featured image from Unsplash, chart from TradingView

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June 22, 2025 0 comments

GameFi Guides

Latest XRP ETF Approval Odds Revealed by Bloomberg

by admin June 20, 2025

Bloomberg has increased the odds of spot-based XRP exchange-traded funds (ETFs) being approved in 2025 to 95% in the latest update.

This comes amid increasing engagement from the U.S. Securities and Exchange Commission (SEC), which is viewed as an encouraging sign for ETF issuers.

As reported by U.Today, Bloomberg analysts previously estimated that the probability of XRP ETFs being greenlit this year stood at 85%.

The latest update shows that the proposed ETF products that track Litecoin (LTC) and Solana (SOL) also stand at 95%. They were previously at 90%.

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The launch of the first spot-based memecoin ETF is also extremely likely. Dogecoin-based proposals, which have been put forward by such firms as Graycale, Bitwise, and 21Shares, are now overwhelmingly expected to be approved. Bloomberg analysts have now raised their odds to 90%.

The same applies to the ETF proposals for such altcoins as Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX). The odds of these products had previously been estimated at 95%.

According to Bloomberg, the SEC likely views all of these tokens as commodities.

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June 20, 2025 0 comments

NFT Gaming

Odds of SOL, LTC, XRP ETF approval stand at 95%: analysts

by admin June 20, 2025

The chances of the U.S. Securities and Exchange Commission approving spot cryptocurrency exchange-traded funds for Solana, Litecoin and XRP in 2025 have increased to 95%, Bloomberg ETF analysts James Sayffart and Eric Balchunas say.

Seyffart and Balchunas shared the new forecasts in an updated outlook posted on X on June 20,2025.

As well as the high odds for a SEC approval for Solana (SOL), Litecoin (LTC) and XRP (XRP), other crypto ETF filings also have high chances of approval in 2025.

These include Dogecoin, Cardano, Avalanche, Hedera and Polkadot at 90% chances of approval in 2025.

Seyffart and Balchunas also assigned a 95% probability of approval within the next six months to crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton. Notably, many of these applications are approaching their final SEC deadlines in early July.

SEC’s positive engagement key

Seyffart notes that their decision to raise the odds that the regulator gives a nod to most of the spot crypto ETF filings is down to “engagement from the SEC.” The ETF analysts see developments as “a very positive sign.”

The SEC has already acknowledged the 19b-4 forms for these applications and likely views the underlying altcoins as commodities, the analysts noted. They also pointed to Commodity Futures Trading Commission-regulated futures markets that already exist for many of these assets.

As for timing, analysts say approvals could arrive within weeks or closer to final deadlines later this year. Most applications have their final SEC decision dates in October and November.

“The timing of these approvals/launches is more uncertain,” Seyffart wrote on X. “Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later.”

Despite the uncertainty around timing, the ETF experts believe it’s a “matter of when, not if.”

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June 20, 2025 0 comments

Crypto Trends

XRP ETF Approval Odds in 2025 Hit 90% on Polymarket

by admin June 20, 2025

The next event that could greatly impact the crypto market is gaining momentum: a spot XRP exchange-traded fund (ETF) in 2025 in the U.S.

On the Polymarket prediction site, speculators are now betting that the ETF has a 90% likelihood of approval by year-end.

This marks an increase of 19% over earlier odds, implying rising confidence among investors. Although Bitcoin- and Ethereum-based ETFs control a significant share of the market right now, the progress of XRP toward ETF status may provide decent competition.

With ETF approval, XRP would be available on traditional stock exchanges like any other security, without requiring holders to manage crypto wallets directly. This simplifies access for retail investors and enables the inflow of institutional capital that avoids direct exposure to crypto.

At one point, predictions hovered around 70%, but they have now surged to 90%, with trading volume surpassing $95,000. These numbers reflect real-time investor sentiment and often respond to news, legal developments, or insider optimism.

SEC delay adds tension

Why does this matter? If you’re a trader, it means increased volatility and potentially large moves in XRP’s price as the approval date approaches. For longer-term investors, the ETF could drive demand for XRP, leading to greater liquidity and price stability.

The combination of these two elements can help attract bigger players like hedge funds and asset managers to the digital asset. This shift in sentiment also points to the broader transformation of crypto into regulated financial products.

If approved, it would mark a turning point not just for Ripple, but for altcoins in general entering ETF territory. If market predictions are right, traders may want to start planning now.

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The next few months could be critical for positioning ahead of what might be one of the year’s most important crypto events.

Meanwhile, it is worth noting that earlier this week, the U.S. SEC announced a 35-day delay in its decision to approve or disapprove the spot XRP filing proposed by top asset manager Franklin Templeton. Instead, it opened a comment period for this ETF and the proposed spot Solana ETF from the same firm.

While there’s still a delay in approving the spot XRP ETF in the U.S., the 3iQ XRP ETF was launched on the Toronto Stock Exchange on Wednesday.

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June 20, 2025 0 comments

Crypto Trends

XRP, SOL ETFs face SEC delay, but approval hopes remain

by admin June 18, 2025

The U.S. Securities and Exchange Commission has officially delayed decisions on two additional ETFs, adding them to a growing list of applications now facing extended timelines.

According to separate filings published on Tuesday, June 17, the SEC is initiating formal proceedings to determine whether to approve or deny Franklin Templeton’s proposed XRP (XRP) and Solana (SOL) ETFs.

Typically prompted by the need for a more thorough evaluation of the proposals and related concerns, this move pauses the decision-making process for several weeks to allow for additional public input and internal review.

“The Commission is instituting proceedings pursuant to Section 19(b)(2)(B) of the Act13 to determine whether the proposed rule change should be approved or disapproved,” the filings read. ”Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved.”

The SEC’s decision adds to a growing trend of delays, coming just a week after it similarly postponed rulings on DOGE (DOGE), AVAX (AVAX), and HBAR (HBAR) ETFs.

While not a rejection, the delay marks a setback for rising market expectations of an imminent approval. But despite the holdup, analysts remain optimistic.

Solana, XRP ETFs still viable despite SEC slowdown

Commenting on the latest filings, ETF analyst James Seyffart emphasized that the SEC’s delay is not unusual. He noted that while the approval timeline remains uncertain, active engagement from the commission is a “very positive” signal.

Delay here was expected. Intermediary deadline for this was today.

But, SEC is engaging on S-1 for Solana Staking ETFs and that’s a *very* positive sign. Still, timelines for approvals are less certain IMO https://t.co/mwKuYgQuBS

— James Seyffart (@JSeyff) June 17, 2025

Earlier this month, the analyst placed approval odds for both SOL and XRP ETFs at 90% and 85% respectively, citing the SEC’s current view of each asset, existing CFTC oversight of futures, and the strength of the filing institutions.

Both SOL and XRP have dropped roughly 4% over the past 24 hours, likely in response to the regulatory decision. Meanwhile, the first XRP ETF recently launched in Canada following approval from the Ontario Securities Commission (OSC), signaling growing interest and adoption beyond the United States.

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June 18, 2025 0 comments

Crypto Trends

VanEck’s Solana ETF Gets DTCC Listing, SEC Approval Next?

by admin June 18, 2025

VanEck’s proposed spot Solana ETF has officially appeared on the DTCC (Depository Trust and Clearing Corporation) website under the ticker “VSOL”, signaling a major step toward potential SEC approval.

The ETF is listed in DTCC’s “active and pre-launch” section, which means it can’t yet be created or redeemed until the U.S. Securities and Exchange Commission (SEC) gives the green light. However, its presence on the DTCC list is widely viewed as a bullish sign that approval may be near.

VanEck sees the listing as part of the launch process, even though it doesn’t guarantee approval. In the past, SEC has been very conservative when it comes to approving spot crypto ETFs.

Bitcoin and Ethereum have already jumped the fence, but Solana is still in line. This listing on DTCC, however, is a big milestone and indicates increasing momentum in Solana ETFs. On Polymarket, approval odds of a Solana ETF have increased to 91 percent, reflecting the confidence of analysts.

Bloomberg analysts James Seyffart and Eric Balchunas expect SEC to approve Solana ETFs in the coming month, particularly with the CME set to launch Solana futures. Another indication of progress is that the SEC has been collaborating with issuers in updating their S-1 filings.

As the demand of crypto ETFs increases, companies such as CoinShares, Bitwise, and Franklin Templeton are also entering the Solana ETF competition. Others are even incorporating staking capabilities, which are a sign of a wider investor base.

The listing on the DTCC could be the catalyst Solana ETFs require to become mainstream.

Also Read: Seven Firms File Spot Solana ETF S-1s With Staking

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June 18, 2025 0 comments

Crypto Trends

Solana ETF Approval Odds Hit 76%, Upside for SOL?

by admin June 17, 2025

Among the different cryptocurrency assets awaiting regulatory approval for an exchange-traded fund (ETF) is Solana (SOL). According to Polymarket data, the odds of the Securities and Exchange Commission (SEC) giving the nod to the SOL ETF have risen to 76%.

Solana ETF buzz builds as approval odds climb

Notably, in an update shared by SolanaFloor on X, Polymarket predicted that the regulatory body has a 76% chance of approving the several S-1 application filings before it by July 31. The increasing odds of approval signal growing confidence among investors in the space.

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In the past 24 hours, confidence in an approval surged by 13%, climbing from 63% to 76%. This development suggests market sentiment is bullish, so that a Solana ETF could be approved soon.

It is necessary to clarify that Polymarket prediction does not guarantee outcomes; rather, it reflects the ecosystem’s anticipation of this pending ETF application.

Over five asset managers, including Fidelity Investments, Franklin Templeton, 21Shares, Canary Capital and Bitwise, have submitted their S-1 filings to the SEC. However, the regulatory commission has not responded to them.

Interestingly, Solana and XRP are among the leading pending applications for ETF products before the SEC.

Will SOL price react to ETF catalyst?

Meanwhile, in February 2025, the SEC acknowledged Canary Capital’s SOL ETF filing. The acknowledgement came a few days after the regulatory body confirmed receipt of the application filed by Grayscale Investment.

Despite the lingering delays from the SEC, Nate Geraci, president of the ETF store in December 2024, predicted that Solana stands a great chance of approval in 2025. Geraci believes the stakes are high for a couple of crypto-related ETFs, and Solana could be one of those approved.

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Although acknowledgement does not equal approval, it remains significant as it indicates that the SEC might soon begin reviewing the applications before it.

Despite the Polymarket predictions, Solana’s price has not been positively impacted. SOL currently exchanges at $149.86, representing a 4.43% decline in the last 24 hours.

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June 17, 2025 0 comments

GameFi Guides

Trump Media Seeks Approval For Dual Crypto ETF Focused On Bitcoin And Ethereum

by admin June 17, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Trump Media & Technology Group (TMTG) has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) that will invest in both Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies.

This filing, reported by Reuters, marks the second exchange-traded fund proposal from the company in less than two weeks, indicating a strong push into the digital asset market.

New Crypto ETFs From Trump Media

If approved, the proposed Truth Social Bitcoin ETF and the Truth Social Bitcoin & Ethereum ETF would enter a crowded market already dominated by established players like BlackRock, whose iShares Bitcoin ETF boasts an impressive $72.5 billion in assets.

Bryan Armour, an ETF analyst at Morningstar, emphasized the hurdles faced by new entrants in this sector. “It will be a challenge for any new entrant in this market,” he noted, adding that the primary ways to stand out will be through competitive fees or strong branding.

Currently, similar exchange-traded funds charge operation fees around 0.12%, but details on the fees for Trump Media’s new offerings for the dual Bitcoin and Ethereum funds remain undisclosed.

Balanced Exposure With Bitcoin And Ethereum Holdings

The latest filing also specifies an allocation strategy between Bitcoin and Ethereum, indicating that the fund will initially hold three Bitcoin for every Ethereum token.

This approach suggests a strategic positioning that could appeal to investors looking for a balanced exposure to both leading cryptocurrencies.

Sui Chung, CEO and chairman of CF Benchmarks, pointed out that the unique aspect of these ETFs may lie in their marketing strategy:

There is little that is different about this new venture other than the way it could be markete. Given Truth Social’s involvement, it may very well be that (these) are marketed directly to individual investors and that this ends up getting attention from those investors in the same way that people who love their iPhones buy Apple stock

The daily chart shows BTC’s price recovery. Source: BTCUSDT on TradingView.com

At the time of writing, Bitcoin is trading at $107,715, marking a 4.1% gain on the monthly timeframe. This comes as the market’s leading cryptocurrency failed once again to gain a foothold above the key $111,000 mark, preventing it from making new all-time highs. Currently, BTC is trading 4% below its record price.

Ethereum, on the other hand, trades at approximately $2,613 per token. It has recorded gains of a little over 5% in the past thirty days and has been one of the best performers for June so far.

Nevertheless, ETH remains well below its record high, which was reached nearly four years ago. There is a 46% gap between the current price and the record high of $4,878.

Featured image from DALL-E, chart from TradingView.com

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June 17, 2025 0 comments