What Crypto ETFs Were Approved: Latest Updates and Market Impact

Crypto ETFs have become a focal point for both institutional and retail investors seeking regulated exposure to digital assets. Understanding what crypto ETFs were approved is essential for anyone tracking the evolution of the crypto market and its integration with traditional finance. This article provides a clear overview of the latest approvals, their significance, and what investors can expect next.

Recent Approvals: Bitcoin, Ethereum, and the XRP ETF Momentum

As of November 2025, the most notable crypto ETFs approved in the United States are spot Bitcoin ETFs and spot Ethereum ETFs. These products allow investors to gain direct exposure to the underlying assets without holding the cryptocurrencies themselves. The approval of spot Bitcoin ETFs in early 2024 marked a historic milestone, followed by the green light for spot Ethereum ETFs in June 2025. Both categories have seen significant trading volumes and have attracted major institutional players.

Recently, XRP ETFs have moved closer to launch. According to a CryptoSlate report dated November 7, 2025, the Depository Trust & Clearing Corporation (DTCC) added five spot XRP ETFs to its “active and pre-launch” list. While this DTCC listing is a crucial step, it does not yet mean these ETFs are approved for trading. The funds are awaiting final approval from the U.S. Securities and Exchange Commission (SEC), with issuers such as 21Shares, Franklin Templeton, and Grayscale actively updating their filings to expedite the process.

Industry Trends: Institutional Adoption and Regulatory Milestones

The approval of spot Bitcoin and Ethereum ETFs has accelerated institutional adoption of crypto assets. Major asset managers, including BlackRock and Fidelity, have launched products that quickly accumulated billions in assets under management. For example, BlackRock’s Bitcoin ETF became one of the fastest-growing ETFs in history, reflecting strong demand from traditional investors.

On the Ethereum front, the first week of November 2025 saw notable net outflows from spot ETH ETFs, with $135.54 million withdrawn on November 3 alone (source: Trader T). This trend highlights the dynamic nature of investor sentiment and the importance of regulatory clarity for sustained growth.

The XRP ETF filings represent the next wave of crypto ETF innovation. If approved, these products could further legitimize XRP as a regulated investment vehicle and open new channels for institutional capital. As reported by Bloomberg ETF analyst Eric Balchunas, 21Shares’ recent amendment to its S-1 filing has started a 20-day approval clock, potentially paving the way for XRP ETFs to begin trading within weeks—pending SEC action.

Key Considerations: Approval Process, Market Reactions, and Risks

It’s important to distinguish between DTCC listing and SEC approval. While DTCC inclusion signals that issuers have completed essential preparatory work (such as ticker creation and back-end infrastructure), it does not guarantee that the ETF will be approved or launched. The SEC must still review and clear the relevant 19b-4 and S-1 filings before trading can commence.

Market reactions to ETF developments are often immediate. For instance, XRP’s price surged over 12% to around $2.52 following news of the DTCC listing, demonstrating how sensitive the market is to institutional integration milestones. However, these gains can be short-lived if regulatory approval is delayed or denied.

Investors should also be aware of the risks associated with ETF outflows. Sustained withdrawals from spot ETH ETFs, as seen in early November 2025, can exert downward pressure on the underlying asset’s price. Factors influencing outflows include market volatility, profit-taking, and ongoing regulatory uncertainty.

Looking Ahead: What to Watch in the Crypto ETF Landscape

The next major milestone for crypto ETFs will be the SEC’s decision on the pending XRP ETF filings. If approved, XRP would join Bitcoin and Ethereum as the only cryptocurrencies with spot ETF products in the U.S., potentially boosting liquidity and institutional confidence in the asset.

Globally, several XRP-linked ETFs are already active, such as the Rex-Osprey XRP ETF and Teucrium’s leveraged XRP product, which have seen healthy inflows and growing assets under management. These international trends may influence U.S. regulatory decisions and market structure in the coming months.

For investors and industry observers, staying informed about ETF approval timelines, regulatory updates, and market data is crucial. Bitget Exchange continues to provide secure and compliant access to major crypto assets, while Bitget Wallet offers a user-friendly solution for managing digital holdings.

Further Exploration: Stay Updated with Bitget

The landscape of what crypto ETFs were approved is evolving rapidly. As new products approach launch and regulatory frameworks mature, opportunities for both institutional and retail investors will expand. To stay ahead of the curve, explore the latest insights and trading tools on Bitget Exchange, and manage your assets securely with Bitget Wallet. Keep following Bitget Wiki for timely updates on ETF approvals and market trends.