Latest Stock Market News US: Crypto ETFs, BitGo IPO, and Institutional Trends

US Crypto ETF Approval: A New Era for Digital Asset Investment

As of September 2025, the US Securities and Exchange Commission (SEC) has approved new standards for crypto ETF listings, marking a significant milestone in the latest stock market news US. This regulatory shift streamlines the approval process for cryptocurrency exchange-traded funds (ETFs), particularly for assets with established futures trading on the Coinbase Derivatives Exchange for at least six months. According to Unfolded, this change immediately benefits 12 major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and XRP.

The new framework eliminates lengthy, individual reviews for each ETF application, providing greater efficiency and predictability for fund managers. For investors, this means easier access to digital assets through regulated ETFs on traditional stock exchanges, increased diversification, and enhanced regulatory oversight. Institutional capital is expected to flow more readily into the market, further legitimizing cryptocurrencies as an asset class.

Key Data:

• 12 cryptocurrencies now qualify for streamlined ETF approval.
• ETFs must be linked to assets with six months of futures trading on Coinbase Derivatives Exchange.
• Regulatory clarity is anticipated to boost both liquidity and market stability.

BitGo Files for IPO: Institutional Crypto Custody in Focus

Another major highlight in the latest stock market news US is BitGo's filing for an initial public offering (IPO) on the New York Stock Exchange under the ticker BTGO. As reported by Coindesk and Cryptotimes on September 20, 2025, BitGo disclosed $90.3 billion in assets under custody as of June 30, 2025, serving over 4,600 institutional clients and 1.1 million users across 100 countries. The company reported $4.19 billion in revenue for the first half of 2025, a near fourfold increase from the same period in 2024, highlighting explosive growth in institutional demand for crypto custody services.

BitGo's IPO filing also details a dual-class share structure, ensuring CEO Michael Belshe retains voting control. The proceeds are earmarked for technology development, acquisitions, and stock-based compensation, positioning BitGo to compete with both traditional banks and fintech firms entering the crypto custody space. The company’s compliance credentials include SOC 1 and SOC 2 audits and a BaFin license for EU operations.

Key Data:

• $90.3 billion in assets under custody (as of June 30, 2025).
• $4.19 billion in H1 2025 revenue (up from $1.12 billion in H1 2024).
• 4,600+ institutional clients and 1.1M+ users globally.
• Supports 1,400+ digital assets and holds $250 million in insurance coverage.

Institutional Adoption and Regulatory Trends

Institutional adoption continues to drive the latest stock market news US, with public firms and venture arms raising significant capital for digital asset strategies. For example, Nasdaq-listed Helius Medical Technologies announced a $500 million Solana (SOL) treasury initiative, and Standard Chartered’s SC Ventures is preparing a $250 million digital asset fund, set to launch in 2026. These moves reinforce expectations of another historic altcoin market cycle and highlight the growing role of corporate treasuries in the crypto ecosystem.

On the regulatory front, the SEC’s new generic listing standards are designed to accelerate reviews for spot crypto ETFs on major exchanges, including Nasdaq and NYSE Arca. This regulatory clarity is fostering renewed investor appetite and encouraging traditional financial institutions to revisit crypto custody and investment offerings.

Key Data:

• Helius Medical Technologies: $500M Solana treasury reserve (announced September 2025).
• SC Ventures: $250M digital asset fund targeting 2026 launch.
• 68% of financial institutions plan to adopt or expand custody services within two years (industry survey).

Market Performance and Risk Management Insights

Recent market data shows that altcoins like XRP have outperformed Bitcoin and Ethereum in September 2025. XRP gained 5% mid-month, compared to Bitcoin’s 2.5% and Ethereum’s 4%. Technical indicators, such as a bullish 40-day falling wedge pattern and psychological resistance at $3, suggest potential for further rallies. However, analysts like Benjamin Cowen caution that historical Bitcoin cycles have seen drawdowns of up to 94%, advising investors to adopt robust risk management strategies.

Meanwhile, Ethereum’s upcoming Fusaka upgrade, scheduled for December 2025, aims to double blob capacity and enhance network efficiency, which could further impact market dynamics and investor sentiment.

Key Data:

• XRP: 5% gain in September 2025; broke $3 resistance.
• Bitcoin: 2.5% gain; historical drawdowns of 77–94% in prior cycles.
• Ethereum: Fusaka upgrade set for December 2025, doubling blob capacity.

Looking Ahead: What This Means for Investors and the Market

The latest stock market news US underscores a pivotal moment for digital assets. Regulatory advancements, such as the SEC’s streamlined ETF approval process, and major institutional moves, like BitGo’s IPO and large-scale treasury initiatives, are accelerating the integration of cryptocurrencies into mainstream finance. While challenges remain—especially for smaller altcoins and evolving regulatory requirements—the overall trend points to increased accessibility, transparency, and institutional participation.

For those interested in exploring the evolving digital asset landscape, platforms like Bitget offer secure trading and custody solutions tailored to both individual and institutional investors. Stay informed and consider how these developments could shape your approach to digital asset management.

Further Exploration: For more updates on crypto ETFs, custody trends, and institutional adoption, follow Bitget Wiki and check back regularly for the latest stock market news US.