Crypto treasury firms are facing a $130 billion “value reckoning” as spot Bitcoin and Ethereum ETFs reshape how investors access digital assets. For years, Digital Asset Treasury (DAT) companies like MicroStrategy (now Strategy) and Metaplanet traded at hefty premiums because they offered one of the few regulated ways to gain Bitcoin exposure via corporate balance sheets.

The Nasdaq has confirmed that the Canary XRP ETF will begin trading on 13 November 2025 under the ticker symbol XRPC, marking the first spot XRP ETF in U.S. history. The listing follows Canary Capital’s Form 8-A filing received by the SEC on 10 November, which triggered automatic approval, per Bloomberg ETF analyst Eric Balchunas. The ETF will list on the Nasdaq Global Market with a 0.50% management fee and track the XRP-USD CCIXber Reference Rate Index.

The U.S. government shutdown has stretched to 38 days, stalling the long-anticipated crypto market structure legislation known as the CLARITY Act as the Senate readies a critical funding vote. The Republican-backed proposal needs 60 votes to advance; however, partisan disagreements over Affordable Care Act subsidies and expiring tax credits have frozen progress.

Hong Kong has approved and launched its first spot Solana ETF, issued by ChinaAMC, giving institutional investors regulated exposure to SOL without needing wallets or private keys. Trading begins Oct. 27 on the Hong Kong Stock Exchange across HKD, USD, and RMB counters, tracking the CME CF Solana-USD Index with an expense ratio near 2%.

The U.S. SEC approved 21Shares’ Form 8‑A (12B) for its Solana Spot ETF, officially registering it on the Cboe BZX Exchange and signaling trading could begin soon. This SEC approval has fueled bullish market sentiment, with investors debating whether Solana (SOL) can rally to $300 and set new all‑time highs.

The U.S. Securities and Exchange Commission (SEC) has officially approved generic listing standards for crypto ETFs, streamlining the process for spot digital asset exchange-traded funds. Under Rule 6c-11, stock exchanges such as the Nasdaq, NYSE Arca, and Cboe BZX can now list crypto ETFs without requiring case-by-case approval from the SEC.

In Q2 2025, investment advisors significantly increased their exposure to Ethereum ETFs, driving a surge of 388,301 ETH worth roughly $1.35 billion. This push brought total Ethereum exposure from institutional advisory firms to more than 539,757 ETH, highlighting growing confidence from professional money managers in crypto-backed investment products. The trend emphasizes that Ethereum, alongside Bitcoin, is becoming a core digital asset allocation within institutional portfo

Ethereum spot exchange-traded funds (ETFs) in the U.S. recently ended their longest-ever streak of daily net inflows, which lasted 20 days and brought in nearly $5.4 billion. On August 1, the trend reversed with a significant $152 million outflow, the largest since January 8.

The introduction of Bitcoin exchange-traded funds (ETFs) is transforming how people invest in and hold Bitcoin, raising important questions about the original philosophy behind the cryptocurrency.

Ethereum recently surged past the $2,700 mark, marking a significant recovery after dipping below this level in June. This rally coincided with a historic low in the long/short ratio on Binance’s ETH/USDT perpetual contracts, which fell below parity for the first time since April 2023. The sharp move triggered a classic short squeeze, as a wave of ETF inflows from Wall Street collided with a heavily net-short derivatives market, resulting in heightened volatility and rapid pr

BlackRock’s spot Bitcoin ETF (IBIT) has surpassed the firm’s flagship S&P 500 ETF (IVV) in annual fee revenue, despite being much smaller in total assets. IBIT, with an expense ratio of 0.25% and about$75 billion in assets under management, has generated$187.2 million in annual fees—roughly$100,000 more than IVV, which manages$624 billion but charges a much lower 0.03% fee.

BlackRock’s spot Bitcoin exchange-traded fund (ETF), called IBIT, has set a new record in the world of finance by surpassing$70 billion in assets under management (AUM) in just 341 days.

Bitcoin’s market sentiment is starting to show cautious optimism. One indicator used to assess overall sentiment, the Bitcoin Combined Market Index (BCMI), has recently moved higher in its short-term trend, signaling that some traders are regaining confidence.