October was supposed to be the month when long-awaited crypto exchange-traded funds (ETFs) finally hit U.S. markets. Deadlines for the Securities and Exchange Commission (SEC) to approve or deny several spot crypto ETF applications were lined up throughout the month. But when the U.S. government shut down, the process froze — and deadlines stopped mattering. Now November could take October’s place. Several issuers are using a procedural route that doesn’t require an active SEC sign-off. It’s the same appr ...

Bitcoin and Ethereum walked, so Solana and XRP could run, according to Giovanni Vicioso, CME Group’s global head of cryptocurrency products. The world’s leading derivatives marketplace began offering futures contracts for the smaller cryptocurrencies earlier this year, and they’re getting a boost from infrastructure and liquidity that wasn’t there before, Vicioso told Decrypt on Wednesday. “These products, hands down, have been our fastest growing,” he said. “Solana and XRP had an ‘accelerating advantage,’ ...

The global cryptocurrency market is down today, with total market capitalization falling 1.6% to $3.89 trillion, according to data from CoinMarketCap. Meanwhile, 24-hour trading volume stands at $171 billion, showing a modest uptick despite broad declines across major assets. Key Takeaways: The global crypto market cap fell 1.6% to $3.89 trillion; Bitcoin dropped 2% to $112,859, as Ethereum declined 3% to $3,991; The Crypto Fear and Greed Index fell back to 39 (Fear); Bitwise’s Solana ETF drew $69. ...

RT AlloyX (@AlloyX_Limited)Breaking News｜The World's First Spot Solana ETF to Debut in Hong KongFollowing the successful launches of Bitcoin and Ethereum spot ETFs, ChinaAMC (Hong Kong) is planning to introduce Hong Kong's first Spot Solana ETF, marking a new milestone in the institutionalization and regulatory integration of public blockchain ecosystems.Solomon, the Hong Kong–based licensed digital asset brokerage under AlloyX Group (NASDAQ: AXG), will serve as one of the first distributors and will host t ...

Solana Breaks Out: TVL Hits New High, Market Cap Surges, and Signs of a “SOL Season”. Photo by BeInCrypto Spot Solana exchange-traded funds (ETFs) appear closer to hitting the market following Bitwise’s latest filing with the US Securities and Exchange Commission (SEC). On September 26, Bitwise CEO Hunter Horsley revealed that the firm had filed its Form 8-A with the SEC. This filing represents a key procedural step that allows an ETF to begin trading once approval is granted. Other Solana ETF Issuers Ma ...