The year 2025 continues to showcase the active development of the cryptocurrency market. In recent days, several significant events have taken place: Donald Trump made a bold statement about Dogecoin, major financial companies submitted applications for the launch of new crypto funds, and Fidelity introduced a retirement plan with investments in digital assets.
Trump Predicts the End of Dogecoin, While Musk Returns to Tesla and SpaceX
Former U.S. President Donald Trump made an unexpected statement about the meme cryptocurrency Dogecoin (D.O.G.E.). According to him, the project will “soon cease operations”, though he did not provide any concrete arguments to support this prediction.
This statement sparked a wave of discussions in the crypto community, especially among Dogecoin supporters, who view this asset not only as a means of payment but also as an important part of the crypto industry.
Another sensational piece of news was that Elon Musk is returning to lead Tesla and SpaceX. Despite previously focusing on the development of X (formerly Twitter) and artificial intelligence, his return to Tesla and SpaceX could impact the technology and cryptocurrency markets, as Musk is an active supporter of the crypto industry and a proponent of Dogecoin and Bitcoin.
Grayscale Launches a New ETF with BTC, ETH, SOL, XRP, and AVAX
Grayscale Investments, the largest cryptocurrency investment company, has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch the Digital Large Cap Fund ETF.
This fund will include leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX). The launch of such an ETF could significantly simplify institutional investors’ access to cryptocurrencies and increase market liquidity.
Previously, Grayscale had already secured approval for a spot Bitcoin ETF, and this new fund represents another step in the development of cryptocurrency investment instruments.
VanEck Files for the World’s First BNB ETF
Another major investment company, VanEck, has submitted an application to launch the first ETF focused on BNB, the native token of the Binance Smart Chain blockchain.
This move could be a breakthrough for Binance and its ecosystem, as regulators have not previously shown much interest in exchange-traded products related to BNB. If the SEC approves the application, this will make BNB more accessible to institutional investors and could lead to an increase in the asset’s value.
Japanese Bank SMBC Issues a Stablecoin on Avalanche
Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank, has announced plans to launch a stablecoin in partnership with Ava Labs (the developer of the Avalanche blockchain).
This stablecoin will be pegged to the Japanese yen and is intended for use in cross-border payments, trade, and decentralized finance (DeFi) applications.
The launch of such a product highlights the growing interest of traditional financial institutions in blockchain technologies and their integration with national currencies.
Alabama Plans to Invest in Bitcoin and Cryptocurrencies
A new bill has been introduced in the state of Alabama that would allow the state investment council to allocate part of the budget to Bitcoin and other cryptocurrencies.
This step could set an important precedent for other U.S. states considering the use of cryptocurrencies in state reserves. If the bill is approved, Alabama could become the first U.S. state to officially invest in digital assets.
Fidelity Launches a Retirement Plan with Cryptocurrency Investments
One of the world’s largest asset managers, Fidelity, which oversees $6 trillion in assets, has introduced a new retirement plan that allows direct investments in cryptocurrency.
This is a revolutionary move for the traditional financial market, as up until now, retirement funds with cryptocurrency investments have only been available to a limited number of clients. Now, Fidelity’s retirement plan participants will be able to include Bitcoin, Ethereum, and other crypto assets in their portfolios.
This move could open the doors for the mass adoption of cryptocurrencies among traditional investors and also increase trust in digital assets in the long run.
Recent events confirm that the crypto industry continues to evolve dynamically and integrate into the traditional financial system.
– Donald Trump predicts the end of Dogecoin, while Elon Musk returns to lead Tesla and SpaceX, which could influence the market.
– Grayscale has applied for an ETF with BTC, ETH, SOL, XRP, and AVAX, simplifying institutional investors’ access to cryptocurrencies.
– VanEck wants to launch the world’s first BNB ETF, which could lead to increased BNB adoption.
– Japan’s SMBC bank will create a stablecoin on Avalanche, signaling the adoption of blockchain technologies in traditional banking.
– Alabama is considering investing in Bitcoin at the state level, which could be a financial policy revolution for U.S. states.
– Fidelity is launching a cryptocurrency retirement plan, expanding access to digital assets for traditional investors.
These developments demonstrate that cryptocurrencies are becoming an increasingly integral part of the global financial system, while institutional players continue to explore and expand their presence in this market.
