The U.S. Securities and Exchange Commission has delayed decisions on several ETF applications tied to Truth Social, including Bitcoin, Ethereum, XRP, and Litecoin funds, with the next deadline set for October 8. While delays are standard procedure, they add intrigue to the market as institutional players await clarity. Truth Social’s filing has drawn extra scrutiny due to former President Donald Trump’s involvement in various crypto projects.
Despite the postponements, Ethereum exchange-traded products have seen inflows of $2.9 billion in just one week, outpacing Bitcoin despite BTC hitting new highs above $124,000. ETH’s trading volume in spot ETFs reached $17 billion across four days, setting a new record. Ether’s price, hovering near $4,300, remains below its previous peak but is benefiting from heavy inflows.
Dogecoin is in the spotlight after Grayscale amended filings to convert its Dogecoin Trust into an ETF. If approved, DOGE would join Bitcoin and Ethereum with its own U.S.-listed spot ETF. At the same time, concerns were raised as mining collective Qubic announced plans to target DOGE after previously disrupting Monero. Despite these threats, Dogecoin has defended the $0.22 level.
Meanwhile, Bitcoin showed renewed volatility near all-time highs, priced at $118,126 on August 18 after coming down from a record of $123,000. Institutional buyers Metaplanet and MicroStrategy purchased more than $140 million worth of Bitcoin this week. The Fear & Greed Index is at 64 (Greed), and Bitcoin dominance declined by -1.39% over one week to 59.7%, indicating growing interest in altcoins.
XRP surged earlier in August after Ripple and the SEC officially ended their legal battle, sending XRP past $3.30, though profit-taking pulled it back to around $2.94. Avalanche saw significant adoption in August 2025, fueled by a $240 million investment by BlackRock, Visa’s stablecoin settlement integration, and the "Octane" upgrade cutting fees by over 40%. Bloomberg predicted a 90% chance of an AVAX ETF approval by year-end.
Amid these developments, MAGACOIN FINANCE is being singled out as one of the best buys for 2025, combining meme appeal with DeFi applications. Analysts highlight it as a hedge against slower-moving assets, with forecasts ranging from 35x to 15,000x upside. Its ongoing growth has sparked comparisons to earlier breakouts, with urgency around entry building.