Crypto Market Update: SEC, CFTC Open Door to Spot Crypto Trading on Registered Exchanges

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$111,601, a 1.5 percent increase in 24 hours. It opened at its highest valuation of the day, US$111,653. Its lowest valuation as of today was US$108,538.

Bitcoin price performance, September 3, 2025.

Chart via TradingView

Ether (ETH) was priced at US$4,372.91, trading flat over the past 24 hours. Its highest valuation today was US$4,385.50, and its lowest was US$4,265.15.

Altcoin price update

• Solana (SOL) was priced at US$210.59, up by 3.9 percent over 24 hours. Its lowest valuation on Wednesday was US$197.97, and its highest valuation was US$211.57.

• XRP was trading for US$2.86, up by 2 percent in the past 24 hours and its highest valuation of the day so far. Its lowest valuation of the day was US$2.77.

• SUI (Sui) was trading for US$3.35, up by 2.7 percent in the past 24 hours. Its lowest valuation of the day was US$3.20, and its highest level of the day was US$3.36.

• Cardano (ADA) was priced at US$0.8357, up by 2.3 percent. Its lowest valuation for Wednesday was US$0.8023, and its highest valuation was US$0.8392.

Today’s crypto news to know

Winklevoss-backed Bitcoin Firm to go public in Amsterdam

A bitcoin treasury company supported by Cameron and Tyler Winklevoss is heading for the public markets in the Netherlands, Reuters reported.

The firm, called Treasury, will list in Amsterdam through a reverse takeover of Dutch investment vehicle MKB Nedsense.

Backed by Winklevoss Capital and Nakamoto Holdings, Treasury has already raised €126 million and built a stash of more than 1,000 bitcoin.

The deal values Treasury at a hefty premium, with plans to consolidate shares at €2.10 apiece. Bitcoin-only treasury firms have grown in appeal as the world’s largest cryptocurrency keeps smashing record highs above US$120,000 this year.

While Europe has rolled out several bitcoin-linked exchange-traded products, investor uptake has lagged behind the US spot ETF boom. Treasury’s listing places a bold bet that Amsterdam can become a hub for institutional bitcoin holdings, with trading set to start under the ticker “TRSR.”

US Regulators clear path for spot crypto trading

The SEC and CFTC have given a green light for registered exchanges to offer certain spot crypto products, a move that could reshape how digital assets are traded in the US.

In a joint statement Tuesday (September 2), the agencies said exchanges under their oversight are permitted to facilitate transactions tied to leverage, margin, and financed spot retail commodity products.

While no specific coins were named, the message signals a coordinated approach to expanding investor access.

The statement builds on the President’s Working Group’s earlier call for regulatory clarity in digital finance.

Recently, the Trump administration continues rolling back lawsuits and enforcement actions that dogged the sector under previous leadership.

In a statement posted on X, acting CFTC Chair Caroline Pham called the decision “another win on regulatory clarity.”

Ethereum Foundation to sell US$43 Million in ETH for ecosystem funding

The Ethereum Foundation has announced plans to offload another 10,000 ETH, valued at roughly US$43 million, to finance research, ecosystem grants, and philanthropic work.

The organization said the tokens will be sold gradually through centralized exchanges rather than in a single transaction, aiming to avoid market disruption.

Just weeks before, the Foundation sold a similar tranche to SharpLink Gaming, making that firm the first public company to directly acquire ETH from the network’s core steward.

In June, the Foundation unveiled a new treasury framework that caps annual spending at 15 percent and builds a long-term reserve buffer.

Ether saw a recent surge in price as it touched a record high of US$4,866 in late August.