Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana…
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Kronos Research’s Vincent Liu expects Solana ETF inflows to continue next week, noting that rotation from Bitcoin and Ether will likely persist. Source link
Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over $5 million worth of shares across multiple ETFs. According to daily trade disclosures from Friday, ARK Innovation ETF (ARKK) bought 72,537 Bullish shares, ARK Next…
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Nakamoto Holdings, the Bitcoin treasury firm led by Bitcoin Magazine CEO David Bailey, has seen its stock collapse by over 98% since its May high after a wave of investor selling linked to its $563 million private investment in public equity (PIPE) deals. The company, which merged with Utah-based healthcare operator KindlyMD earlier this year,…
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Bybit, the world’s second-largest crypto exchange by trading volume, has announced it will pause new user registrations in Japan starting Oct. 31, as it adapts to new regulations from the country’s Financial Services Agency (FSA). The company said the move is part of its “proactive approach” to align with Japan’s emerging regulatory framework for digital…
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Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN). The initiative was unveiled by central bank Governor Perry Warjiyo during the Indonesia Digital Finance and Economy Festival and Fintech Summit 2025 in Jakarta on Thursday,…
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Crypto mining company TeraWulf plans to raise $500 million through a convertible note offering to help finance the construction of a new data center campus in Abernathy, Texas. The private offering is aimed at qualified institutional buyers, the company announced on Wednesday. It granted underwriters the option to purchase an additional $75 million in notes…
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Tokyo-listed Bitcoin treasury company Metaplanet Inc. unveiled a 75 billion Japanese yen (about $500 million) share repurchase program backed by a Bitcoin-collateralized credit facility, following a decline below 1 of its market-based net asset value (mNAV). In a Tuesday announcement, the company said the move aimed to maximize Bitcoin (BTC) yield per share and restore…
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KR1, a crypto staking company based on the Isle of Man, is preparing to move its listing from the small-cap Aquis exchange to the main market of the London Stock Exchange (LSE). Co-founder Keld Van Schreven told the Financial Times that the move, expected to be completed next month, represents “a starter gun for this…
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Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington. Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in…
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