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Coinbase Welcomes SEC’s Green Light for Altcoin ETFs: XRP, SOL, and ETH in Focus

Coinbase Welcomes SEC’s Green Light for Altcoin ETFs: XRP, SOL, and ETH in Focus

Published:
2025-07-31 17:27:53
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The Securities and Exchange Commission (SEC) has introduced new listing standards for crypto exchange-traded products (ETPs), paving the way for streamlined approvals of altcoin ETFs, including XRP, Solana (SOL), and ethereum (ETH). This regulatory shift follows a rule change petition from the Chicago Board Options Exchange (CBOE) and aligns with filings from NYSE Arca, signaling growing institutional demand for diversified crypto investment vehicles. The move could see Solana ETPs approved as early as October 2025, marking a significant milestone for the broader adoption of digital assets in traditional finance. Coinbase, as a leading platform in the crypto space, stands to benefit from this development, offering investors expanded access to these emerging asset classes.

SEC Clears Path for Altcoin ETFs: Regulatory Shift for XRP, SOL, and ETH

The Securities and Exchange Commission has introduced new listing standards for crypto exchange-traded products, streamlining approvals for assets like Bitcoin, Ethereum, Solana, and XRP. The move follows a rule change petition from CBOE and could see solana ETPs approved as early as October.

Chicago Board Options Exchange's regulatory clarity push aligns with NYSE Arca's filings, suggesting institutional demand for standardized crypto investment vehicles. Market participants anticipate a wave of altcoin ETF launches by Q4 2025, with Coinbase's derivatives market serving as a key eligibility filter.

Anchorage Digital Receives $1.19 Billion in Bitcoin Amid Institutional Demand

Anchorage Digital, the first federally chartered crypto bank in the U.S., has processed a 10,141 BTC transfer worth over $1.19 billion. The movement, tracked via on-chain analytics, originated from multiple wallets over a nine-hour period. While the purpose remains unclear—whether Anchorage purchased the Bitcoin or is custoding it for clients—the transaction underscores its growing role in institutional crypto custody.

The firm has become a preferred partner for corporate treasury strategies involving Bitcoin. KindlyMD recently designated Anchorage as its exclusive custodian following a merger with Nakamoto Holdings, a deal backed by $763 million in bitcoin acquisition funding. Marathon Digital Holdings (MARA), the largest public Bitcoin miner by holdings, added Anchorage as a third custodian in 2023. Even traditional firms like property logistics company Reitar have integrated Anchorage into multi-custodian setups alongside Coinbase Prime.

This activity reflects accelerating institutional adoption of Bitcoin as a treasury asset, with regulated custodians like Anchorage mitigating counterparty risks. The market is witnessing a structural shift: corporations now prioritize security and compliance over self-custody, fueling demand for qualified custodians.

Bitcoin Holds Key Trendline as $150K Target Remains in Play Amid Holder Profit-Taking

Bitcoin's long-term holders have begun offloading positions after the cryptocurrency touched $118,000, marking the first significant distribution phase following months of accumulation. Approximately 52,000 BTC changed hands at this level, reducing the long-term holder supply from 15.5 million to 15.3 million BTC—a classic signal of perceived near-term topping action.

Institutional demand shows cracks as the Coinbase Premium Index flipped negative for the first time in 62 days, breaking the longest recorded streak of sustained buying pressure. Meanwhile, Bitcoin ETF inflows plummeted 80% to $496 million, though 96.9% of circulating supply remains in profitable hands.

Technical setups suggest brewing volatility, with Bollinger Band compression historically preceding major price movements. Analyst Ali Martinez maintains a $149,679 target based on the CVDD model's "Accessing Tops" zone, drawing parallels to late-2024 price structures when BTC rallied from $65,000 to six figures.

JPMorgan and Coinbase Launch Direct Account Linking Pilot

JPMorgan Chase & Co. and Coinbase Global Inc. are bridging the divide between traditional finance and digital assets through a groundbreaking partnership. The collaboration enables direct linking of bank accounts with cryptocurrency wallets, eliminating intermediaries for real-time fiat-to-crypto conversions.

The pilot program, slated for Q4 2025 rollout, targets both institutional investors and retail traders. This integration leverages JPMorgan's blockchain infrastructure and Coinbase's exchange capabilities, signaling a strategic MOVE toward mainstream crypto adoption. "This represents a quantum leap for digital asset accessibility," said Coinbase CEO Brian Armstrong during the announcement.

The initiative could redefine how traditional banking clients interact with digital currencies, offering seamless transactions comparable to conventional financial operations. JPMorgan's decision to open its blockchain networks to external partners marks a significant shift in institutional crypto strategy.

JPMorgan Partners with Coinbase to Bring Crypto Services to Chase Customers

JPMorgan Chase has forged a strategic alliance with Coinbase, marking a significant milestone in the convergence of traditional finance and digital assets. The partnership will enable Chase credit card holders to purchase cryptocurrencies directly through Coinbase starting fall 2025, leveraging existing banking relationships for seamless access to digital markets.

By 2026, the collaboration will introduce two groundbreaking features: redemption of Chase Ultimate Rewards Points for USDC stablecoin—the first major rewards program to embrace crypto—and direct account linking between Chase and Coinbase platforms. This integration eliminates friction points for retail investors entering the digital asset space.

The banking giant is reportedly exploring crypto-backed lending products using Bitcoin and Ether as collateral, signaling deeper institutional acceptance of digital assets as legitimate financial instruments. Bernstein analysts interpret this move as part of a broader trend where traditional financial institutions are transitioning from crypto skeptics to infrastructure partners.

Coinbase Satirizes UK Financial Crisis in Provocative Marketing Campaign

Coinbase has launched a biting satire titled 'Everything is Fine,' juxtaposing the UK's official economic rhetoric with stark visuals of financial despair. The video's grim tableau—crumbling homes, debt-laden citizens, and neglected infrastructure—serves as an unflinching critique of systemic failure. 'When 44% of adults face financial vulnerability, pretending otherwise becomes its own FORM of violence,' the campaign implies through sardonic captions.

New data from Fair4All Finance exposes the depth of the crisis: 20 million Britons now teeter on financial instability, a 16% surge since 2022. Debt crises have exploded by 59% among all adults and 45% in younger demographics. Coinbase's timing is strategic—this marketing volley lands as traditional finance shows alarming cracks, positioning crypto as the inevitable alternative.

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