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.
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