GME Buzz Reignites as BTC, LINK, ETH Dominate Today’s Top Trending Tokens

On Wednesday, the US SEC (Securities and Exchange Commission) took a landmark step in crypto regulation, approving generic listing standards for spot crypto ETFs (exchange-traded funds). This new framework eliminates the case-by-case 19b-4 approval process, streamlining the path for multiple digital asset ETFs to enter the market in the coming weeks. Grayscale’s Multi-Crypto Milestone Grayscale secured a first-mover advantage as its Digital Large Cap Fund (GDLC) received approval under the new listing standards. Products that will be traded under the ticker GDLC include Bitcoin, Ethereum, XRP, Solana, and Cardano. “Grayscale Digital Large Cap Fund $GDLC was just approved for trading along with the Generic Listing Standards. The Grayscale team is working expeditiously to bring the FIRST multi-crypto asset ETP to market with Bitcoin, Ethereum, XRP, Solana, and Cardano,” wrote Grayscale CEO Peter Mintzberg. The approval marks the US’s first diversified, multi-crypto ETP, signaling a shift toward broader portfolio products rather than single-asset ETFs. Bloomberg’s Eric Balchunas explained that around 12–15 cryptocurrencies now qualify for spot ETF consideration. However, this is contingent on the altcoins having established futures trading on Coinbase Derivatives for at least six months. This includes well-known altcoins like Dogecoin (DOGE), Litecoin (LTC), and Chainlink (LINK), alongside the majors already included in Grayscale’s GDLC. Altcoins in the Spotlight Amid New Era of ETF Eligibility Several assets have already met the key condition, regulated futures trading on Coinbase. For example, Solana futures launched in February 2024, making the token eligible as of August 19. “The SEC approved generic ETF listing standards. Assets with a regulated futures contract trading for 6 months qualify for a spot ETF. Solana met this criterion on Aug 19, 6 months after SOL futures launched on Coinbase Derivatives,” SolanaFloor indicated. Crypto investors and communities also identified which tokens stand to gain. Chainlink community liaison Zach Rynes highlighted that LINK could soon see its own ETF. He noted that both Bitwise and Grayscale have already filed applications. Meanwhile, the Litecoin Foundation indicated that the new standards provide the regulatory framework for LTC to be listed on US exchanges. Hedera is also in the spotlight, with digital asset investor Mark anticipating an HBAR ETF. Market observers see the decision as a potential turning point for broader adoption, bringing the much-needed clarity and accessibility for investors. At the same time, it boosts confidence in the market’s maturity. The general sentiment is that with the SEC’s approval, the next phase of crypto ETFs is no longer a question of ‘if,’ but ‘when.’ The shift to generic listing standards could expand the US-listed digital asset ETFs roster beyond Bitcoin and Ethereum. Such a move would usher in new investment vehicles covering a dozen or more altcoins. This represents the clearest path yet toward mainstream, regulated access to diversified crypto exposure. More importantly, it comes without the friction of direct custody. “We’re gonna be off to the races in a matter of weeks,” ETF analyst James Seyffart quipped.

Litecoin (LTC) on-chain activities have captured everyone’s attention this week, as it has emerged as a bright spot amidst a calm market condition being observed in Bitcoin and other notable cryptocurrencies, as Bitcoin momentarily dipped below the $100,000 level. Litecoin Outperforms Other Major Altcoins Santiment, a blockchain analytics tool, highlights Litecoin as outperforming the performance […]

The post BTC Liquidity Recovers as Trump Talks Bitcoin — Rocket Boost Incoming? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Bitcoin’s liquidity is finally showing signs of life after weeks of market stress and thin trading conditions. Analysts highlighted on X that BTC is starting to recover (see leading signal, dotted line). If this recovery continues, typically the price confirms approximately 2 weeks later. Adding to the optimism, U.S. President Donald Trump recently spoke on the opening day of the America Business Forum in Miami, Florida. President Donald J. delivered one of his most direct endorsements of cryptocurrency to date. Addressing an audience of business leaders and policymakers. “The War on Crypto Is Over,” Trump Says Trump portrayed his administration’s stance as a sharp reversal from what he described as Washington’s former hostility toward digital assets.“I’ve signed historic executive orders to end the federal government’s war on crypto,”  Trump said ‘’It’s not under siege anymore.” His remarks drew strong applause from attendees in Miami, who viewed the message as a signal of regulatory relief and renewed confidence for the sector. Industry insiders said Trump’s tone marked a notable shift toward policy clarity. One analyst commented that “Trump’s rhetoric frames crypto as an opportunity rather than a threat—something the industry has long sought from U.S. leadership.” Advertisement &nbsp Trump emphasized the size and legitimacy of the crypto industry, pointing out that many leading entrepreneurs now have ties to blockchain and digital finance.  Crypto and the Dollar: A Strategic Balance Trump also drew a connection between digital assets and the U.S. dollar, arguing that crypto could actually strengthen, not weaken, America’s financial position. “It takes a lot of pressure off the dollar,” he said. “It does a lot of good things, but we’re into it.” This comment echoed the administration’s broader message that embracing crypto innovation can coexist with protecting dollar dominance.  His team has consistently framed…