Core Insights - The debut of spot exchange-traded funds (ETFs) for Hedera, Solana, and Litecoin on Wall Street did not generate the expected momentum, leading to declines in their respective prices [1][2]. Cryptocurrency Performance - Solana (SOL) experienced a decline of over 3%, with a trading volume increase of 25%, closing at $194.63 [2][3]. - Litecoin (LTC) fell by 2.85%, closing at $96.93 [2][3]. - Hedera (HBAR) saw a decrease of 1.04%, with a closing price of $0.1938 [2][3]. ETF Trading Volume - The Bitwise Solana Staking ETF (NYSE:BSOL) recorded a trading volume of $56 million on its first day, marking the highest volume for 2025 [4]. - The Canary HBAR ETF (NASDAQ:HBAR) and Canary Capital's Litecoin Spot ETF (NASDAQ:LTCC) had significantly lower trading volumes of $8 million and $1 million, respectively [5]. After-Hours Performance - The Litecoin ETF fell by 1.57% in after-hours trading after a 4.78% decline during regular trading, closing at $24.13 [5][6]. - The HBAR ETF decreased by 1.19% in after-hours trading, following a 5.70% drop to $27.09 during regular trading [5][6]. - The Bitwise SOL ETF rose by 0.08% in after-hours trading after a 3.58% dip during regular trading hours [6].

Core Insights - HBAR experienced a significant surge of 25.7% within 24 hours, rising from $0.1775 to $0.2052, driven by a trading volume increase of 182% above the daily average, coinciding with the launch of the Canary Capital spot HBAR ETF on the NYSE following SEC approval [1][2]. Market Developments - The launch of the HBAR ETF represents a milestone for institutional access to Hedera, providing regulated exposure through BitGo and Coinbase Custody, and placing HBAR alongside Bitcoin and Ethereum as institutionally tradable digital assets [2]. - The breakout for HBAR began around 06:00 on October 28, when it surpassed the $0.2060 resistance level, which had previously limited its advances, with strong buying support at the $0.2000 psychological level [3]. Technical Analysis - Key technical levels indicate mixed outlooks for HBAR, with primary support at $0.2000 and key resistance at $0.2060, alongside additional resistance zones between $0.2100 and $0.2192 [5][6]. - The recent trading session showed signs of institutional distribution, as HBAR reversed from $0.209 to $0.205, slipping below the $0.206 support level, indicating potential profit-taking by large holders [4][6]. - The analysis suggests a potential retest of the $0.200 level, which is critical for maintaining a bullish structure, with downside risk estimated at approximately 2.5% [6][8].

Market Overview - The cryptocurrency market is experiencing a significant uplift due to easing tensions between the United States and China, suggesting that the threat of a renewed tariff war may be receding [1] - The focus is now on high-stakes diplomatic and economic meetings, particularly at the APEC summit in Korea [1] US-China Trade Developments - Following discussions in Kuala Lumpur, Malaysia, the US and China are nearing a framework agreement on major trade issues, including a potential one-year delay in China's export controls of rare earth materials [2] - In exchange for this delay, the US is expected to refrain from imposing the threatened 100% additional tariffs on Chinese goods [2] Market Reactions - The announcement led to an immediate rise in Bitcoin price by approximately 2%, trading at $113,450, which is a 1.62% increase from the previous day [3] - Overall, Bitcoin surged by 6.07% over the past week, reclaiming the $113,000 level, with altcoins like HYPE and WLFI also seeing sharp increases of 6.67% and 7.33% respectively [4] Whale Activity - Large crypto investors, or "whales," have shown renewed conviction by accumulating assets, with wallets holding between 100 and 10,000 ETH adding over 218,000 ETH, valued at nearly $870 million [5] - This accumulation represents about one-sixth of the volume these whales sold during the preceding market decline [6] Positive Industry Developments - Positive news in the industry is regaining attention, such as the REX-Osprey XRPR, the first spot XRP ETF in the US market, surpassing $100 million in assets under management (AUM) within a month [7] - XRP reacted positively with an 11.22% weekly gain following this news [7]