Breaking: Hong Kong Securities and Futures Commission (SFC) has officially approved the first Solana (SOL) spot ETF, issued by ChinaAMC (Hong Kong). This marks the third approved cryptocurrency spot ETF after Bitcoin and Ethereum, and the first of its kind in Asia. https://t.co/5CsqV1cUi7 ...

The relentless rush into gold pushed the price of Japan’s largest ETF backed by the precious metal to a record https://t.co/7OnOG6mWWz ...

Spot Bitcoin ETF Inflows - Spot Bitcoin ETFs recorded a total net inflow of $477 million, with no ETFs experiencing net outflows [1] Spot Ethereum ETF Inflows - Spot Ethereum ETFs saw a total net inflow of $142 million, with no ETFs experiencing net outflows [1]

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🔥 NEW: Bitcoin whales are bridging to TradFi through in-kind ETF swaps, per Bloomberg.BlackRock has processed over $3B in conversions, allowing holders to move their crypto into regulated financial products without selling. https://t.co/TsjpfeQ5LS ...

⚡ INSIGHT: Bitcoin traders expect the asset to "bounce soon," while an XRP DAT and looming ETF approvals brought bulls back out to fight.Trade Secrets via Cointelegraph Magazine https://t.co/2jaVuBDAWt ...

Live from Bloomberg's world headquarters in New York, I'm Scarlet Fu. And I'm Tim Novak. Welcome to Bloomberg Crypto.It's a look at the people transactions and technology shaping the world of decentralized finance. Bitcoin is bouncing back, extending its recovery. A week after we saw billions of dollars of value wiped out in digital assets.In just a moment, we're going to speak to Brian Brooks. He's deeply involved in various crypto boards, including strategies. He's also CEO of the real estate firm Meridia ...

🚨LATEST: NEW: ProShares has officially filed for the "ProShares CoinDesk Crypto 20 ETF" to be listed on the NYSE.The fund will track the CoinDesk Crypto 20 Index, giving investors exposure to the top 20 digital assets by market cap. https://t.co/WSRZeP0ZXM ...

Cross-asset rotation drives fresh inflows into risk assets as XRP outperforms major altcoins, reclaiming the $2.50 handle before profit-taking sets in. News Background XRP posted a 3% intraday gain on Monday as traders rotated out of defensive assets amid gold’s pullback and a modest uptick in bitcoin. The move came as broader markets digested easing geopolitical tension and lighter U.S. inflation data, prompting short-term risk appetite across digital assets. Institutional desks reported renewed posit ...

ETF Approval & Government Shutdown - The ongoing government shutdown is the biggest obstacle to the SEC approving altcoin ETFs [1][9] - Once the government reopens, a flood of spot crypto ETF approvals is expected [11][14] - Analyst James Seaffur indicates over 150 digital asset ETFs are awaiting approval, including XRP and Solana [15] - SEC's priority on crypto, tokenization, DeFi, and recent framework approval suggests streamlined ETF approvals are likely [6] - SEC's rules allow product launches within 75 days of filing if not stopped, but government shutdown hinders progress [17] XRP & Altcoin ETF Demand - There is significant demand for altcoin ETFs, particularly for XRP, which could be a major catalyst for altcoins [2][14][24] - XRP has shown massive demand, and ETFs could bring additional demand from Wall Street clients [25][26] - XRP is viewed as a relatively safe investment outside of Bitcoin and Ethereum [26] - Ripple is raising $1 billion to accumulate more XRP, indicating a bullish outlook [33][35] - XRP is currently in a downtrend, retesting major support, and could potentially reach $10 if it repeats a previous significant push, catalyzed by the end of the government shutdown and ETF approvals [34] Market Dynamics & Investment - Schwab clients own 20% of all crypto exchange-traded products, with visits to their crypto site up 90% in the last year, indicating high engagement [29] - Altcoin ETFs are expected to change the market dynamic and potentially lead to an altseason [37] - XRP's RSI is hitting oversold levels, suggesting it may be close to a bottom [38]