ONDO Breaks $1 Barrier Following SEC Meeting as ETF Filing Sparks Institutional Interest
The post ONDO Breaks $1 Barrier Following SEC Meeting as ETF Filing Sparks Institutional Interest appeared on BitcoinEthereumNews.com.
Terrill Dicki
Jul 27, 2025 12:52
ONDO price surged past $1 following regulatory clarity from SEC meeting, while 21Shares ETF filing signals growing institutional adoption for real-world asset tokenization.
Quick Take • ONDO currently trading at $1.04 (-0.60% in 24h) • Ondo technical analysis shows very strong bullish trend with ONDO RSI at 61.90 in neutral territory • Recent SEC meeting and ETF filing by 21Shares drove 20% weekly rally past key $1 psychological level What’s Driving Ondo Price Today? The ONDO price experienced a remarkable surge this week, primarily driven by two significant regulatory developments that have reshaped investor sentiment around Ondo Finance’s real-world asset tokenization platform. The most immediate catalyst came on July 24th when Ondo Finance’s CEO met with the Securities and Exchange Commission, leading to an immediate price spike past the crucial $1 threshold. This regulatory engagement signals a potential path toward clearer compliance frameworks for real-world asset tokenization, addressing one of the primary concerns that have historically limited institutional adoption. Building on this momentum, 21Shares filed an S-1 registration with the SEC on July 22nd to launch an ONDO ETF, marking a pivotal moment for bringing tokenized real-world assets to traditional Wall Street investors. This ETF filing represents the first major attempt to bridge Ondo’s decentralized finance innovations with conventional investment vehicles, potentially opening massive capital flows from traditional asset managers. Adding further strength to the rally, whale accumulation activity on July 23rd demonstrated sophisticated investors’ confidence in Ondo’s trajectory. Despite broader market corrections affecting most cryptocurrencies, the ONDO price held remarkably steady, indicating strong underlying demand and reduced selling pressure from retail investors. ONDO Technical Analysis: Bullish Signals Emerge Ondo technical analysis reveals a very strong bullish trend across multiple timeframes, with the token trading well…
Filed under: News - @ July 27, 2025 3:30 pm