Hot Topics

  • U.S. spot Bitcoin ETFs hit a record $40.32B trading volume last week, led by BlackRock's IBIT at $27.79B, amid a 23% BTC price drop to $86,700 and $3.55B redemptions signaling institutional capitulation.

  • NYDIG reports $3.55B spot Bitcoin ETF outflows in November, declining stablecoin supply (USDE down nearly 50% since October), and DAT share discounts signal aggressive crypto capital flight.

  • Grayscale's GDOG and GXRP ETFs launch Nov. 24.

Market Updates

  • Wormhole Labs launches Sunrise gateway to streamline token imports from any chain into Solana, coinciding with Monad's mainnet debut and MON token launch for enhanced ecosystem liquidity.

  • Cardano splits due to developer's malformed delegation exploiting 2022 bug.