Solana ETF Success Propels SOL Above $500
@Bitwise’s Solana Staking ETF (BSOL) launched on Oct. 28, attracting $69 million in first-day inflows and $57.9 million in trading volume, signaling strong institutional interest. #Update #Crypto $SOL
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@Bitwise’s Solana Staking ETF (BSOL) launched on Oct. 28, attracting $69 million in first-day inflows and $57.9 million in trading volume, signaling strong institutional interest. #Update #Crypto $SOL
US spot Ethereum ETFs saw significant outflows, including $796 million by Sept. 26 and $169 million by Oct. 27, correlating with ETH/BTC declines, though non-US inflows and staking growth mitigated price impacts. #Update #Crypto $ETH
@TRONDAO participated in the 9th Global Conference on Criminal Finances and Cryptoassets, highlighting the T3 Financial Crime Unit’s success in combating blockchain-related crime. #Update #Crypto $TRX
@WesternUnion will launch a Solana-based stablecoin, USDPT, for over 100 million customers in 2026, integrating Anchorage Digital Bank for compliance and cash access. #Update #Crypto $SOL
$XRP’s open interest nears $4.4B, with positive funding signaling potential for upward moves; Bitcoin at $114,300 and XRP at $2.63 as macro factors stabilize ahead of key Fed meeting. #Update #Crypto $XRP
Four altcoin ETFs, including @Bitwise’s Solana Staking ETF and @Grayscale’s Solana ETF, start trading on Oct. 28, marking a significant step for institutional crypto access. #Update #Crypto $SOL
Madras High Court ruled @WazirX cannot reallocate customer $XRP, classifying cryptocurrency as property under Indian law, impacting asset handling during insolvency. #Update #Legal $XRP
@Evernorth has acquired 388.7 million $XRP for nearly $947 million, generating $75 million in unrealized gains as institutional interest grows, coinciding with rising XRP prices. #Update #Crypto $XRP
@JPMorgan is set to allow institutional clients to use $BTC and $ETH as collateral for cash loans by the end of 2025, marking a significant shift in traditional finance’s approach to crypto. #Update #Crypto $BTC $ETH
$XRP gains momentum as Ripple secures over 40 US money-transmitter licenses, enhancing its compliance and integration with regulated payment partners, while institutional adoption rises globally. #Update #Crypto $XRP
Solana hosts $628.98M in real-world assets, achieving 100% uptime during the AWS outage, with institutional support from Franklin Templeton and Circle’s USYC fund. #Update #Crypto $SOL
@DSA advocates for digital sovereignty and financial inclusion at the UN General Assembly, emphasizing data ownership as key to empowerment and sustainable development. #Update #Crypto $BTC
@TRONDAO expands its academic collaborations with blockchain clubs at Columbia and Harvard, enhancing blockchain education and innovation opportunities for students. #Update #Crypto $TRX
This week, the Ethereum Foundation’s $654 million ETH transfer led to core developer Péter Szilágyi’s resignation and intensified scrutiny over governance, while Polygon’s AggLayer upgrade faced delays amid ongoing Layer-2 debates. #Update #Crypto $ETH