Bitcoin Range Trades As Altcoins, Spot BTC ETF Sell-off

Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Bitcoin (BTC) bulls are attempting to maintain the price above $110,000, but the bears have continued to exert pressure. That increases the risk of BTC recording its first-ever red October close in seven years. After October’s dismal performance, all eyes are on November, which has an average return of 46.02%, according to CoinGlass data. Several analysts are turning…

Solana Sees Stablecoin Supply Surge as SOL ETF Inflows Cross $150M

Key Notes Bitwise’s BSOL dominates early Solana ETF adoption with $152.5 million in assets, representing 98% of total product inflows since launch. Solana blockchain captured $152 million in daily stablecoin supply growth, outpacing Ethereum’s $140 million and signaling robust liquidity expansion. Grayscale projects Solana ETFs could absorb 5% of total token supply within two years, implying $5 billion in holdings at current valuations. Solana SOL $187.1 24h volatility: 3.5% Market cap: $102.72 B Vol. 24h: $6.67 B price rebounded 2% to $190 on Friday, October 31, buoyed by improved sentiment…

ETH Near $3,800 Breakdown as Ethereum ETF Outflows Surge

Key Notes Crypto market expert Ted Pillows noted that ETH price is at risk unless it regains strength above $4,000. 10x Research report shows that ETH demand among institutions and treasury firms is declining. Spot Ethereum ETFs recorded $184 million in outflows on October 30, led by BlackRock’s ETHA, which saw $120 million withdrawn. Ethereum ETH $3 862 24h volatility: 0.2% Market cap: $467.25 B Vol. 24h: $36.05 B price continues to face major selling pressure and investors are losing hope as bulls fail to defend the $4,000 levels. With…

Fidelity Enables Solana Trading For US Brokerage Clients Amid SOL ETF Approval

Key Notes Asset manager Fidelity with $5.8 trillion AUM now offers SOL trading to clients, matching its Bitcoin and Ethereum offerings. Hong Kong’s securities regulator greenlit ChinaAMC’s Solana spot ETF for October 27 launch, ahead of US approval expectations. Market momentum pushed Solana’s price from $180 to $192, making it the top performer among major cryptocurrencies that day.Reintentar. Solana SOL $191.5 24h volatility: 5.6% Market cap: $104.68 B Vol. 24h: $7.04 B secured another major institutional endorsement on October 23 after asset management firm Fidelity listed its native coin, SOL,…

$1.7 Trillion Firm T. Rowe Price Seeks Approval For Crypto ETF Linked To Multiple Tokens

According to a Reuters report, global asset management firm T. Rowe Price, with $1.7 trillion in assets under management (AuM), is seeking regulatory approval to launch its first actively managed crypto ETF linked to multiple tokens,  marking the firm’s initial entry into the cryptocurrency market space. The Firm’s First Crypto ETF  Bryan Armour, an exchange-traded fund analyst at Morningstar, commented on the development stating, “It’s a surprise to see them as a relatively late entrant, but they’re planning to offer something differentiated to try and break into the space.”  Related…

T. Rowe Price Managing $1.8T Files for Active Crypto ETF

Key Notes T. Rowe Price, managing $1.8T, filed for its first actively managed crypto ETF. The ETF will track 5–15 major cryptocurrencies, including BTC, ETH, and SOL. It aims to outperform the FTSE Crypto US Listed Index using an active strategy. Rowe Price, the 87-year-old investment firm managing over $1.8 trillion in assets, has officially entered the digital asset market. The Baltimore-based asset manager filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF, its first cryptocurrency-focused exchange-traded…

Legacy Asset Manager T. Rowe Price Files For Crypto ETF

One of the more conservative trillion-dollar asset managers, T. Rowe Price, has surprised analysts after filing to list an actively managed crypto exchange-traded fund in the US. T. Rowe’s S-1 registration statement to launch an Active Crypto ETF could shake up its largely mutual fund-focused offerings — an asset class that has bled tens of billions of dollars in outflows over the last month. The filing submitted to the Securities and Exchange Commission on Wednesday states the fund is expected to hold 5 to 15 cryptocurrencies that are eligible under…

Falconx to Acquire 21shares Amid Crypto ETF Boom

Crypto trading firm Falconx has agreed to acquire 21shares, one of the world’s largest digital asset ETF managers. The deal comes as Falconx considers a public listing and crypto ETFs surge in popularity under a friendlier U.S. regulatory environment. Falconx-21shares Deal Signals New Era for Crypto ETFs Crypto trading powerhouse Falconx is acquiring 21shares, an […] Source CryptoX Portal

Hong Kong Approves First Solana ETF

Key Notes Hong Kong approves the first-ever Solana spot ETF. SOL trading volume jumps 40% to $8 billion amid growing investor optimism. Analysts predict Solana’s strong fundamentals could drive institutional adoption. Hong Kong has officially approved its first Solana SOL $184.6 24h volatility: 4.1% Market cap: $100.88 B Vol. 24h: $8.46 B spot ETF, marking another step in the city’s plan to become Asia’s leading crypto hub. The Hong Kong Securities and Futures Commission (SFC) granted approval on October 22 for the ChinaAMC Solana ETF. According to a report by…