SEC Spurs ETF Developments: HBAR, XRP, and BTC under the Microscope
12.03.2025 09:12
The SEC's recent actions have stirred mixed sentiments across the cryptocurrency market. The regulatory body confirmed Grayscale's filing for a Hedera ETF, positioning HBAR for institutional interest and potential price gains if the ETF secures approval. In contrast, the SEC delayed its decision on the XRP ETF, creating short-term uncertainty for XRP despite interest from a major investment giant. Meanwhile, Bitcoin continues to attract bullish commentary from key influencers including Anthony Scaramucci and Senator Lummis, hinting at a possible surge to $200,000. While HBAR could see immediate buying pressure from elevated institutional attention and a potential Nasdaq listing, XRP may face volatility until regulatory clarity emerges. BTC’s strong market dominance and influential endorsements suggest long-term stability despite short-term fluctuations. Overall, the news underscores varied impacts with deferred regulatory decisions playing a significant role in the near future.
In the short term, HBAR is likely to experience buying pressure as market participants react to the confirmed ETF proposal, driven by institutional interest and the legitimacy of being listed on Nasdaq. Long-term price gains depend on the SEC approving the ETF, which could lead to broader adoption and increased investor confidence. However, the decision’s timing remains uncertain, adding an element of deferred impact.
XRP may see short-term volatility as the SEC delays its ETF decision, sparking regulatory uncertainty. However, the interest of a major investment giant in filing an ETF proposal provides a potential long-term positive outlook if favorable regulatory conditions emerge. Investors should watch for regulatory updates which will be key to XRP's future price movement.
Bitcoin is expected to experience both short-term volatility and sustained long-term support. Influencer-endorsed bullish predictions and Bitcoin's status as a market leader may drive speculative buying and a potential price surge. While short-term movements might be reactive to market sentiment and global developments, BTC's historical resilience and widespread recognition suggest a robust long-term growth trajectory.