bitmine accelerating to 96,798 eth per week gets them 5% of supply by q2. eth/btc ratio at 0.035 vs 0.06-0.08 historic range. they're collecting 3-4% staking yield on $12b while eth/btc mean reverts. every eth they stake compounds their position. other miners copying this playbook changes the entire supply dynamic ...

ETF Market Dynamics - Outflows from Bitcoin ETFs are small relative to the massive inflows over the past 18 months, representing only a couple percentage points [1] - Ethereum ETFs have experienced approximately $25 billion outflows, warranting close attention [2] - A significant portion of the outflows is attributed to the basis trade, a strategy favored by hedge funds [3] - The basis trade, involving selling front-month futures contracts and buying spot at the same time, offered an annualized yield that has fluctuated, reaching 20% at times but now below 5% [4][5] - Decreased interest in the basis trade is driving money out of these ETFs, while retail investors and long-term investment advisors continue to buy [5] - The ETF space is experiencing aggressive growth, with inflows exceeding $1 trillion this year [15] Crypto Regulation and Taxation - Uncertainty surrounding regulatory clarity from the SEC and CFTC has been a concern for institutional investors in crypto ETFs and crypto investing [7] - Tax changes, including guidance from the IRS on "good income" versus "bad income," are expected to reshape the crypto landscape [6][8] - The tax treatment of staking yield, where assets are locked up to contribute to the network in return for in-kind Ethereum, is currently unclear [9][10] - Crypto ETFs are starting to allow for staking yield, but some institutional investors are hesitant due to potential tax implications [10] ETF Product Innovation - Hundreds of new crypto ETFs with different variations, leverage, and yield plays are expected to launch [12] - "Manufactured yield" products, using derivatives to generate high yields (sometimes over 80%), are gaining popularity [12][13] - Active ETFs, including "boomer candy" products offering downside protection, are growing rapidly, with legacy asset managers entering the market [13][14] - Goldman Sachs is acquiring a company specializing in buffer products, indicating a significant move into the active ETF space [14][15]

Core Insights - Safello has launched the Safello Bittensor Staked TAO ETP on the SIX Swiss Exchange, aiming to enhance access to Bittensor (TAO) exposure across Europe [1][2] - The ETP is designed to provide a regulated vehicle that mirrors the performance and staking yield of the TAO token, with a management fee of 1.49% [2] - The product offers 100% physical backing through staked TAO, allowing investors to benefit from both price exposure and staking rewards [3][4] Product Structure - The ETP combines appreciation potential of TAO with reinvested staking yields, creating a total return instrument [4] - This structure caters to a growing market preference for regulated, yield-generating crypto products that simplify investor participation [4] Revenue Model - Safello will receive a revenue share based on the ETP's assets under management (AUM), representing a new revenue stream as the company diversifies its product offerings [5] - The long-term financial impact of this listing will depend on market demand for TAO exposure [5] Strategic Collaboration - The partnership with DDA ETP AG aligns with Safello's goal of providing compliant crypto investment options across Europe [6] - The launch of STAO supports Safello's mission to enhance accessibility to digital assets while ensuring regulatory clarity and investor protections [6] Market Context - CoinShares reported that digital asset investment products experienced $2 billion in outflows, marking the heaviest weekly withdrawals since February [7] - This sell-off has resulted in total outflows of $3.2 billion over three consecutive weeks [7]

Core Insights - Onfolio Holdings Inc. has secured up to $300 million in financing through a convertible note facility with a U.S.-based institutional investor, significantly strengthening its financial position and supporting its next phase of expansion [1][2][3] Financing Details - The initial tranche of $6 million is set to close on November 18, 2025, with an additional $2 million expected at a second closing approximately 30 days later [15] - Up to $292 million remains available in potential future tranches, subject to certain conditions [15] Strategic Objectives - The financing will enable Onfolio to build its digital asset treasury, generate yield through staking, strengthen its balance sheet, and accelerate the growth of its operating businesses [2][3] - The company aims to invest directly in Bitcoin, Ethereum, and Solana, utilizing established digital finance platforms to earn returns on invested capital [3][9] Growth Model - Onfolio is developing a modern public holding company model that combines operating cash flow from online businesses with a diversified digital asset treasury designed to generate yield [4][12] - The company believes that pairing a digital asset treasury with scalable operating profits can create long-term value for shareholders [5] Allocation of Proceeds - In future tranches, 75% of net proceeds will be allocated to digital asset purchases, while 25% will support strategic growth initiatives [11] - The proceeds will also be used to strengthen the company's balance sheet, enhance operational efficiency, and fund accretive acquisitions of cash-flowing businesses [14]

ethereum validators in record exit queues. back to april 2024 validator counts. these aren't traders, they're infrastructure providers locking 32 eth minimum who just gave up. 3.5% staking yield minus hardware costs minus slashing risk equals maybe $3k yearly on $110k locked. sky savings pays 4.75% on usds with zero infrastructure. months of forced eth selling ahead as exits process. ...

Core Insights - Solana Company has updated its holdings of Solana (SOL) tokens and cash as of October 29, 2025, reflecting its strategy to maximize SOL per share through disciplined asset management [1][2] Group 1: Holdings and Financials - As of October 29, the Company holds over 2.3 million SOL, an increase of approximately 1 million since the last update on October 6 [2] - The Company and its subsidiaries collectively hold more than $15 million in cash and stablecoins, which will be utilized to further its digital asset strategy [2] Group 2: Staking Performance - For October, the average gross staking yield was 7.03% APY, outperforming the stake-weighted average of the top 10 validators by approximately 36 basis points [3] - The staking yield generates consistent daily on-chain revenue while maintaining full liquidity and custody of the underlying assets [3] Group 3: Strategic Insights - The Company has increased its SOL holdings by roughly 5% in less than a month, with a gross staking yield exceeding 7% [4] - Institutional engagement with Solana Company has accelerated due to key network milestones and ecosystem developments, focusing on transparency and growth [4] Group 4: Market Position - Solana is recognized as one of the fastest-growing blockchain networks, processing over 3,500 transactions per second and maintaining approximately 3.7 million daily active wallets [4] - The network is a leader in transaction revenue and user adoption, offering an estimated 7% native staking yield, positioning SOL as a financially productive asset for long-term treasuries [4] Group 5: Company Overview - Solana Company, in partnership with Pantera Capital and Summer Capital, serves as a dedicated vehicle for institutional participation in the Solana ecosystem [5] - The Company's approach integrates capital markets access, on-chain management, and long-term staking to compound SOL-denominated returns [5]

21shares solana etf gets sec approval with 6-7% staking yield built in. bitcoin and ethereum etfs can't offer yield. sol becomes the first major crypto where etf buyers earn passive income just for holding. $4.1b already sitting in sol products before this even launches. staking changes everything for allocation committees who need yield not just exposure ...

RT MONOLITH (@monolith_fund)Insights from @fundstrat, @ethereumJoseph, @SamirTabar directly from Token2049 Panel.Why now for Ethereum DATs?— 10 yrs of infra → scalability, cheap txns, better UX.— Legal clarity: ETH now treated as a *commodity* in US.— Stablecoins (mostly on ETH) getting regulatory greenlight.— Developers/institutions can safely build/accumulate ETH.DAT model (Digital Asset Treasury):Inspired by MicroStrategy’s BTC strategy, but ETH treasuries have advantages:— ETH earns staking yield.— Smar ...

RT marcantonio (@marcryptonio)My Thoughts on Why Solana Treasury Companies COULD be Superior to BTC and ETH Treasury Companies:1. Volatility Advantage:• SOL historically exhibits higher beta and realized volatility than ETH or BTC.• The vol of SOL (80%) is roughly double that of BTC (40%) and a third greater than ETH (65%).• That makes convertible bonds, warrants, and structured financings cheaper for SOL treasury companies and more dilutive in terms of new token accumulation than for BTC and ETH treasury c ...

🚨 THE $INJ MOMENT IS HEREPineapple Financial launches a $100M @Injective treasury with a 12% staking yield.Here’s what you need to know ⬇️https://t.co/axHr4lUuC5 ...