On September 3, the crypto market welcomed double favourable information. Ripple (XRP) ended its six-day falling streak under optimistic expectations of the spot ETF approval, while Bitcoin (BTC) broke through $111,000, reaching a four-day high, driven by inflows into the spot ETF and expectations of interest rate cuts. Market sentiment has improved, and investors are following the upcoming regulatory and macroeconomic trends.
XRP: Hope for ETF Approval to Drive Rebound
(Source: Trading View)
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a statement on September 2, supporting the advancement of the listing and trading of Spot encryption asset products under a standardized framework. This initiative is seen as an important foundation for the approval of the XRP Spot ETF.
Price performance: XRP increased by 3.72% on September 2, closing at 2.8625 USD, ending a six-day fall.
Market expectations: Polymarket predicts a probability of 87% for the approval of the XRP ETF in 2025, with some analysts even believing it is close to 100%.
Potential Impact: If the ETF is approved, XRP may replicate the successful model of the BTC ETF, attracting a large influx of funds and driving the price above 3 dollars or even to historical highs.
BTC: Capital inflows and interest rate cut expectations assist
(Source: Trading View)
Bitcoin started strong in September, with spot ETF issuers recording significant inflows, coupled with market expectations of a rate cut by the Federal Reserve, driving BTC to reach 111,000 USD.
Highlights of Capital Inflow:
Fidelity Wise Origin Bitcoin Fund (FBTC) net inflow of 132.7 million USD
ARK 21Shares Bitcoin ETF (ARKB) net inflow of 71.9 million USD
Bitwise Bitcoin ETF (BITB) net inflow of $13.1 million
Price performance: BTC rose 1.76% on Tuesday, closing at 111,189 USD.
Technical Observation: If the capital inflow continues and breaks through the 115,000 USD level, BTC is expected to challenge the historical high of 123,731 USD.
Potential Trend Scenarios for XRP and BTC
XRP bullish scenario:
ETF approved
The Office of the Comptroller of the Currency (OCC) approved the Ripple banking license.
Blue-chip companies will include XRP in their treasury reserves.
The CLARITY Act has bipartisan support.
XRP Bearish Scenario:
ETF approval is obstructed
Bank license application rejected
The SWIFT share of the global remittance market remains stable.
BTC Bullish Scenario:
Expectations of interest rate cuts heat up
Continuous inflow of funds into ETF
Advancement of the "Clear Act"
BTC bearish scenario:
Strong U.S. economic data leads to a rebound in interest rate hike expectations.
ETF capital outflow
Legislative obstacles
Key Events Investors Need to Follow
Regulatory Progress: XRP Spot ETF Approval Dynamics, Legislative Progress of the "Clarity Act"
Macroeconomic Data: US JOLTS Job Openings Report, Federal Reserve Officials' Speeches
Capital Flow: ETF Capital Inflow or Outflow Trend
Conclusion
The current trends of XRP and BTC are both profoundly influenced by the ETF market and regulatory expectations. If the XRP ETF approval goes smoothly, combined with BTC inflows and interest rate cut expectations, the market may welcome a new round of upward momentum. However, investors still need to closely follow regulations, macroeconomics, and capital flows, and carefully formulate trading strategies. For more real-time market data and in-depth analysis, please follow the official Gate platform.
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TransplantingRiceSeedl
· 09-03 05:35
#BTC# Bitcoin and bees, working together to build a bright and sustainable future. The best performance of the digital hive. BTC#ETH SOL XRP BNB. SOL DOGE PI buy buy buy stick to buying, coins with low market capitalization have many opportunities and may become $9999 in a few days. There will always come a day when you will smile widely. Lying flat, do whatever you want, my life is in my own hands, not dictated by heaven. Waiting is the best harvest for myself, persistence is still necessary, turning time into space will allow you to lie flat, freely buy buy buy. The whale is coming, pump $9999 BEES.
Hope for XRP ETF approval resurfaces as BTC breaks $111,000, igniting market sentiment.
On September 3, the crypto market welcomed double favourable information. Ripple (XRP) ended its six-day falling streak under optimistic expectations of the spot ETF approval, while Bitcoin (BTC) broke through $111,000, reaching a four-day high, driven by inflows into the spot ETF and expectations of interest rate cuts. Market sentiment has improved, and investors are following the upcoming regulatory and macroeconomic trends.
XRP: Hope for ETF Approval to Drive Rebound
(Source: Trading View)
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a statement on September 2, supporting the advancement of the listing and trading of Spot encryption asset products under a standardized framework. This initiative is seen as an important foundation for the approval of the XRP Spot ETF.
Price performance: XRP increased by 3.72% on September 2, closing at 2.8625 USD, ending a six-day fall.
Market expectations: Polymarket predicts a probability of 87% for the approval of the XRP ETF in 2025, with some analysts even believing it is close to 100%.
Potential Impact: If the ETF is approved, XRP may replicate the successful model of the BTC ETF, attracting a large influx of funds and driving the price above 3 dollars or even to historical highs.
BTC: Capital inflows and interest rate cut expectations assist
(Source: Trading View)
Bitcoin started strong in September, with spot ETF issuers recording significant inflows, coupled with market expectations of a rate cut by the Federal Reserve, driving BTC to reach 111,000 USD.
Highlights of Capital Inflow:
Fidelity Wise Origin Bitcoin Fund (FBTC) net inflow of 132.7 million USD
ARK 21Shares Bitcoin ETF (ARKB) net inflow of 71.9 million USD
Bitwise Bitcoin ETF (BITB) net inflow of $13.1 million
Price performance: BTC rose 1.76% on Tuesday, closing at 111,189 USD.
Technical Observation: If the capital inflow continues and breaks through the 115,000 USD level, BTC is expected to challenge the historical high of 123,731 USD.
Potential Trend Scenarios for XRP and BTC
XRP bullish scenario:
ETF approved
The Office of the Comptroller of the Currency (OCC) approved the Ripple banking license.
Blue-chip companies will include XRP in their treasury reserves.
The CLARITY Act has bipartisan support.
XRP Bearish Scenario:
ETF approval is obstructed
Bank license application rejected
The SWIFT share of the global remittance market remains stable.
BTC Bullish Scenario:
Expectations of interest rate cuts heat up
Continuous inflow of funds into ETF
Advancement of the "Clear Act"
BTC bearish scenario:
Strong U.S. economic data leads to a rebound in interest rate hike expectations.
ETF capital outflow
Legislative obstacles
Key Events Investors Need to Follow
Regulatory Progress: XRP Spot ETF Approval Dynamics, Legislative Progress of the "Clarity Act"
Macroeconomic Data: US JOLTS Job Openings Report, Federal Reserve Officials' Speeches
Capital Flow: ETF Capital Inflow or Outflow Trend
Conclusion
The current trends of XRP and BTC are both profoundly influenced by the ETF market and regulatory expectations. If the XRP ETF approval goes smoothly, combined with BTC inflows and interest rate cut expectations, the market may welcome a new round of upward momentum. However, investors still need to closely follow regulations, macroeconomics, and capital flows, and carefully formulate trading strategies. For more real-time market data and in-depth analysis, please follow the official Gate platform.