The U.S. Securities and Exchange Commission announces new listing standards, Dogecoin, XRP spot ETF trading volume hits record high in the first hour
Source: CoinWorld
Time: 2025-09-19 03:03:15
With the launch of Dogecoin and Ripple (XRP) ETFs, and the Securities and Exchange Commission’s new “universal listing standard” for cryptocurrency exchange-traded products, their stock prices soared. Matt Hougan of Bitwise pointed out that if the application meets standards such as regulated futures contracts, the new regulations may allow automatic approval within 75 days, which could pave the way for Solana, Chainlink and Cardano ETFs. Analysts predict that the Ripple ETF could absorb 1-4% of its circulating supply in the first year, while the Dogecoin ETF reached $5.8 million in the first hour and the Ripple ETF reached $24 million in 90 minutes, highlighting strong demand from investors.