Crypto News Today [Live] Updates On October 31 2025

Roundhill has filed for a U.S. Government Portfolio ETF, a fund designed to hold the same assets the U.S. government invests in. Essentially, it acts as a “White House asset management tracker,” giving investors a peek — and a stake — in the federal portfolio itself. The move highlights a growing trend of transparency-themed financial products that let retail investors mirror institutional or government-level strategies.

Altcoin markets are facing another rough day, with most major tokens hitting fresh lows. Investor sentiment is also sinking, reflecting growing caution across the board. However, analysts suggest that a major macroeconomic shift could be approaching, one that may turn the tide for risk assets like crypto. For now, traders are advised to stay patient and “hang tight.”

Once the Clarity Act passes, Ripple will need to hold less than 20% of XRP’s total supply to ensure the token isn’t classified as a security. Reports suggest Ripple may transfer part of its holdings to the U.S. government, aligning with compliance requirements and opening the door for IMF involvement. Under this structure, the IMF could set XRP’s global price, as it can only adopt assets already recognized by nations — fueling speculation that XRP could become the new e-SDR.

Canary Funds has updated its S-1 filing for the $XRP spot ETF, removing the “delaying amendment” that allows the SEC to control the timing. This move clears the path for an automatic launch on November 13, pending approval from Nasdaq’s Form 8-A. The timeline could shift slightly depending on the government’s reopening and any SEC comments. Interestingly, SEC Chair Paul Atkins praised firms using this auto-effective route, the same method used by Bitwise and Canary for their recent $SOL, $HBAR, and $LTC ETFs.