"Open the floodgates" - BlackRock's price bombshell suddenly rushed towards Bitcoin and cryptocurrency

The U.S. Securities and Exchange Commission (SEC) has approved a rule change that allows national exchanges to adopt common listing standards for cryptocurrency ETFs, which could open the "gate" for new products linked to assets such as Ethereum, Solana and Dogecoin. The move shortened the listing process to 75 days, with the first batch of US XRP and Dogecoin ETFs trading volume reaching $55 million. BlackRock's Bitcoin ETF currently holds 750,000 BTC worth $88 billion.