... probability of such products being approved at about 85% in September-October 2025. Institutional investors continue to increase their presence in the crypto space. Major asset managers, such as BlackRock and Fidelity, have submitted applications to launch spot Bitcoin ETFs and Ethereum ETFs — these initiatives are under review by regulators and could receive the green light in the coming months. An increasing number of public companies are adding Bitcoin to their treasury reserves as a long-term asset, reinforcing ...

... crypto industry. Banks and investment firms are launching new products based on digital assets and offering clients cryptocurrency custody and management services. In 2025, several financial giants on Wall Street have filed applications for launching spot Bitcoin ETFs, while existing cryptocurrency funds are experiencing record capital inflows (including into Ethereum funds) amounting to billions of dollars — indicating sustained interest and trust from traditional investors. Traditional exchanges and ...

... forming a clear federal regulatory framework for cryptocurrencies and supporting innovation in this area. Key ideas include delineating the powers of regulatory bodies to eliminate uncertainty, encouraging the launch of new investment products (including spot ETFs on various crypto-assets), and even considering including Bitcoin in state reserves as a means of preserving value. While these proposals are yet to be realized, the fact that the highest levels of government are paying close attention to cryptocurrencies strengthens investor confidence in the sector's long-term ...

... actively return to risk assets, including cryptocurrencies. Industry events will also play a key role. A potential final resolution regarding XRP, the launch of the first ETFs for major altcoins (Solana, XRP, etc.), and the long-anticipated approval of spot Bitcoin ETFs in the USA—all of these, alongside the realization of announced institutional projects (new crypto funds, integration of stablecoins by banks), could significantly bolster confidence in the market. With favorable developments, experts do ...

... recommends establishing a clear federal regulatory framework for cryptocurrencies and supporting innovation in this area. Key ideas include delineating regulatory powers to eliminate uncertainty, stimulating the launch of new investment products (including spot ETFs on various crypto assets), and even considering bitcoin's inclusion in state reserves as a store of value. While these proposals still need to be implemented, the fact that the highest levels of government are paying close attention to cryptocurrencies strengthens investor confidence in the sector's ...