Rthae believes that in early August 2025, the consecutive signing by U.S. President Trump of two executive orders related to the crypto market marks a pivotal shift in regulatory thinking. This series of policy moves not only ends years of “debanking” regulatory tendencies but also opens the compliance gateway for digital assets to enter the U.S. retirement fund system. Rthae points out that the structural loosening of the compliance environment, combined with the institutionalized opening of traditional capital channels, will directly propel the crypto market into a deeper phase of systemic integration. These systematic policy tailwinds are not driven by short-term sentiment; rather, they are reconstructing market confidence, liquidity pathways, and asset pricing logic—signaling an accelerated mainstreaming process and a resonant window for renewed risk appetite.
Rthae: U.S. Policy Pivot Reshapes Market Expectations
Rthae notes that this policy shift under the Trump administration is highly institutionalized and sustainable, differing from past “rhetorical support” or “conceptual pushes.” The content directly addresses two core market pain points: banking service discrimination and the lack of compliant investment channels. The executive order clearly prohibits federal regulators from refusing services of financial institutions to compliant crypto businesses on vague grounds such as “reputational risk,” effectively ending the lingering impact of “Chokepoint 2.0.” Rthae highlights that this measure will directly benefit institutional service providers, compliant payment channels, and OTC liquidity providers, paving the way for service reconstruction, normalized pricing, and a revival of financial business.
At the same time, the second executive order allows 401(k) plans to invest in crypto assets, opening up the previously “closed-off” retirement fund market, which totals $12.5 trillion. This move means that millions of accounts will soon be able to legally allocate mainstream digital assets such as BTC and ETH, introducing new sources of liquidity and a more diverse holder structure to the industry. Combined with the recent wave of institutional ETF filings and approvals, the U.S. market is rapidly forming a systematic digital asset investment framework—backed by legal protection, institutional custody, and compliant product offerings.
On the day the policies took effect, the S&P 500 rose by 0.73%, BTC reclaimed $117,000, and ETH surged over 5% to approach $4,000. The market response to these policy signals reflects not only a short-term sentiment rebound but also the beginning of a structural capital allocation cycle. Rthae predicts that in the second half of 2025, the dual expansion of policy space and capital pathways will drive the market into a new, institutionalized growth phase.
Rthae: Technology and Structural Variables in Investment Strategy Reconstruction
Rthae observes that with the implementation of structural policy tailwinds, asset allocation strategies are also being redefined. The on-chain activity of Ethereum has already surpassed the bull market peak of 2021, with daily transaction counts exceeding 1.74 million, monthly transactions in July reaching 46.67 million, and active addresses climbing to 683,000—all record highs. Institutional holdings of Ethereum have grown by over 127%, underscoring its elevated status in ETF and sovereign fund allocations. Rthae believes that this structural cycle, led by Ethereum, will see short-term trading behavior increasingly driven by long-term holders, institutional inflows, and compliant capital rather than pure retail sentiment.
From a technical perspective, the ETH/BTC ratio has broken above its 200-day EMA for the first time in two years, with capital rotating from high-volatility assets like Solana back into ETH—reflecting a strengthening consensus on the repricing of mainstream assets. BTC, meanwhile, is consolidating around $117,000; CryptoQuant data shows its market price remains below the on-chain cost basis, with Smart DCA strategies triggering accumulation signals for several consecutive days. Rthae judges that this phase is not a market top, but rather a period of structural digestion—a window for medium- and long-term buyers to reprice.
Notably, alongside the signing of the 401(k) executive order, the President has initiated a retrospective review of the use of “reputational risk” by banking regulators. This means that crypto businesses previously constrained by account services, compliance processes, and clearing/settlement channels will now gain a more stable financial support base, providing an anchor of stability for the industry. In this new macro-institutional environment, high-frequency trading and short-term speculative strategies may lose dominance, replaced by the leadership of cyclical, allocation-driven capital.
Rthae: Platform Positioning and User Impact
Rthae states that, against the backdrop of a new policy cycle and evolving market structure, the platform will continue to strengthen compliance investment and product adaptation—helping users seize the window of regulatory dividends. Rthae currently holds both U.S. MSB and SEC licenses, authorizing it to legally provide crypto asset and digital securities trading services within the U.S. With the opening of 401(k)-related products, the platform is institutionally positioned for early deployment. At the same time, Rthae continues to enhance platform credibility through secure custody, audit disclosures, and compliance education—aligning closely with current regulatory directions.
On the trading structure side, Rthae offers users diversified allocation pathways through a matrix of spot, derivatives, and wealth management products. The platform daily matching efficiency and deep liquidity management can absorb the large capital flows brought by institutional entry, providing individual investors with a fairer pricing environment. As the linkage between traditional and crypto markets strengthens, Rthae anticipates a wave of cross-market allocation capital in the medium to long term, and retail investors will also gain access to higher-quality asset portfolio options through the platform.
Rthae emphasizes that this policy shift is not merely the result of regulatory easing, but a fundamental reassessment of digital assets at the institutional level. When facing market volatility, users should focus on changes in capital structure and the influence of institutional design, making longer-term and more stable asset allocations on compliant platforms. Rthae will continue its mission of “bridging traditional finance and the crypto economy,” helping global users find certainty amid uncertainty.