Everything web3, crypto, defi, degen
In brief The SEC set November 12 as the new deadline for Grayscale’s Hedera Trust. Grayscale submitted updates for its Bitcoin Cash and Litecoin trusts, with both structured to list on NYSE Arca. The delayed decision adds to a wave of over 90 crypto ETF applications, including Solana and XRP products now pending before the…
In brief Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers. If approved by regulators, the products will be available in November. Currently, U.S.-based traders have access to futures that expire. Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers in November, pending regulatory approval,…
In brief Solana hit $219.50 and XRP rose above $3 as both cryptocurrencies outperform the broader market while Ethereum cools down. Prediction markets show 54% of users expect Solana to reach new all-time highs by year-end, with similar bullish sentiment for XRP hitting $4. Expected SEC approval of Solana and XRP ETFs in the U.S.…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors green, SOL leads again; BTC at $112,700 Tom Lee 30x’s Moonshot bet on OCTO (WLD +75%) HYPE hits a new…
In brief U.S. spot Bitcoin ETFs saw significant inflows of $368.25 million, the highest in a month, reversing recent outflows and signaling renewed institutional conviction. Institutional buying is linked to investor positioning ahead of key macroeconomic reports this week and the Federal Reserve’s upcoming rate decision. Simultaneously, a capital rotation pattern from Ethereum to Bitcoin…
In brief Cantor Fitzgerald has debuted a new Bitcoin fund. The fund also gives investors exposure to gold—for downside protection. Gold rose to a record high near $3,680 on Monday, while BTC is trading about 9% off its all-time best, set last month. Wall Street giant Cantor Fitzgerald debuted a new fund Monday that aims…
In brief European crypto asset manager CoinShares has announced plans to go public in the U.S. on the Nasdaq. The deal sees CoinShares enter an agreement with Vine Hill Capital Investment Corp. A number of crypto firms have gone public this year or have signaled plans to do so. European digital asset fund manager CoinShares…
BTC HOLDS SUPPORT, MAJORS ALL UP, PUMP +40% IN A WEEKBTC holds $110k support, sentiment back to neutral. Robinhood to join S&P 500, Strategy misses out. Whales sold $12.7b BTC over past month. Companies currently buying 1755 BTC per day. SOL gets new treasury vehicle with $1.65bn cash. ETH ETFs saw 2nd largest daily outflow…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors mostly green, SOL leads; BTC at $112,000 Forward Industries announces $1.65B SOL DAT led by Galaxy, Multicoin & Jump BMNR…
In brief Ethereum ETFs recorded four consecutive days of outflows totaling $787.6 million from September 2-5, with Thursday’s $446.8 million representing the largest single-day exodus. Bitcoin ETFs posted net inflows of $250.3 million over the same period amid volatility. Analysts pointed out structural disadvantages, including staking restrictions and Ethereum’s “higher-beta” nature, making it the first…
