Ethereum and Bitcoin are currently the only two cryptocurrencies with spot crypto ETFs. That is a key selling point with institutional investors, who are using these ETFs as a way to get exposure to the crypto market.

The third largest cryptocurrency is nearing record highs after the SEC and Ripple Labs apparently agreed to end long-simmering legal disputes. XRP is the third-largest cryptocurrency by market cap—or the total value of all its coins—which currently stands at just over $196 billion,

The U.S. government previously rescinded the Biden administration's advice to approach such investments with extreme caution.

The order, signed Thursday, opens the door to allowing alternative assets like cryptocurrencies, private equity, and real estate into retirement accounts. President Donald Trump signed an executive order on Thursday that opens the door to allowing alternative assets like cryptocurrencies,

President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.