SharpLink, the Nasdaq-listed company trading under ticker SBET, pulled in 420 ETH from staking rewards for the week ending late July 2026. Its total Ethereum treasury now sits at 888,521 ETH, making it one of the largest corporate holders of the asset on the planet.
Nearly 100% of its holdings are actively staked across both native and liquid staking arrangements, meaning the company is essentially running a yield-generating machine on top of its directional Ethereum bet.
The numbers behind SharpLink’s staking engine Since launching its staking strategy on June 2, 2025, SharpLink has accumulated 24,338 ETH in total rewards. That’s pure yield, generated by locking up tokens to help secure the Ethereum network.
This week’s 420 ETH haul is a slight dip from recent performance. For the week ending July 5, 2026, the company earned 449 ETH in staking rewards.
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SharpLink’s holdings have grown steadily over the past several months. Back in February 2026, the company held 867,798 ETH with 13,615 ETH in cumulative staking rewards. The treasury has since expanded by roughly 20,700 ETH while cumulative rewards have nearly doubled to 24,338 ETH.
From sports betting to Ethereum treasury SharpLink wasn’t always in the business of hoarding Ethereum. The company formerly operated as SharpLink Gaming, focused on sports betting technology and affiliate marketing. The pivot to becoming an institutional-grade Ethereum treasury platform happened around June 2025.
Under co-founder Joseph Lubin, who also co-founded Ethereum itself, the company has prioritized transparency in its operations, publishing weekly metrics through a public ETH dashboard and filing regularly with the SEC.
The company deploys its ETH across both native staking and liquid staking arrangements. Native staking involves running validator nodes directly on Ethereum’s proof-of-stake network, while liquid staking uses protocols that issue derivative tokens representing staked ETH, preserving some liquidity while still earning yield.
What this means for investors SharpLink’s model offers equity investors something they can’t easily get from spot Ethereum ETFs or direct token ownership: staking yield exposure through a traditional brokerage account. Most spot ETFs in the US market do not currently pass through staking rewards to shareholders. SharpLink’s structure is different because the company itself stakes the ETH, captures the yield, and that value theoretically accrues to the equity.
Through buybacks and strategic equity issuances, SharpLink aims to increase the amount of Ethereum backing each outstanding share over time. It’s a playbook borrowed directly from MicroStrategy’s Bitcoin treasury approach, adapted for Ethereum with the added twist of staking income.
SBET shareholders are exposed to Ethereum price volatility, smart contract risk from liquid staking protocols, potential slashing penalties on validators, and dilution concerns that come with equity issuance programs.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum (ETH) is hovering near $1,900 on Tuesday as on-chain data suggests recent recovery sentiment has calmed ahead of the Federal Open Market Committee (FOMC) decision on interest rates.
US sentiment across ETH markets in exchanges declined over the past week as the Coinbase Premium Index dropped from -0.036 to -0.098, erasing some of the recovery in prior weeks and keeping the index in negative territory.
The Coinbase Premium Index measures the percentage price difference between the ETH/USDT pair on Coinbase Pro and Binance, serving as an indicator of market sentiment in the US relative to global native ETH trading venues.
ETH Coinbase Premium Index. Source: CryptoQuantWhile sentiment remains weak in traditional crypto venues, US spot ETH exchange-traded funds (ETFs) have continued their recovery, with a third consecutive week of net inflows totaling $103.9 million last week, per SoSoValue data. On the daily timeframe, the products also returned to inflows, pulling in a modest $9.23 million on Monday after $70.62 million outflows last Friday.
Despite the inflows in ETH ETFs, the figures remain tiny compared to the heavy outflows they saw in the first half of the year.
Investors distribute near break-even prices ahead of FOMC decisionGenerally, flows in and out of traditional crypto exchanges remained negative but have tilted slightly upward over the past week. The move indicates that while buying remains dominant, the pressure has begun to ease. Declining exchange net flows indicate dominant buying pressure, as funds flow out of exchanges, and vice versa for increasing flows.
ETH Exchange Net Flows. Source: CryptoQuantAs prices rise, investors may be moving coins to exchanges. Most of these coins are being traded at modest losses, suggesting investors remain cautious and may be using the recent recovery to reduce losses.
ETH Network Realized Profit/Loss. Source: SantimentThe Spent Output Profit Ratio (SOPR), which measures the profitability of distributed coins, paints a similar picture. The metric has been hovering between 0.99 and 1.01 over the past week, meaning most of the coins spent during the period are moving toward break-even prices.
ETH Spent Output Profit Ratio. Source: CryptoQuantA majority of these distributed coins are potentially flowing from retail wallets holding 100-1K ETH. The cohort scaled down their collective balance by 130K ETH over the past week, maintaining a distribution bias.
However, the holdings of wallets with larger balances, 10K-100K ETH and 1K-10K ETH, remained largely unchanged, reflecting a neutral sentiment.
The slowdown in the recent recovery and largely neutral sentiment across these on-chain metrics comes ahead of the FOMC's decision on interest rates on Wednesday. A 30% chance of a rate hike is increasing cautious sentiment across the market, with investors potentially moving to the sidelines until the outcome of tomorrow's meeting is known.
Ethereum Price Forecast: ETH bounces off 20-day EMA, retests 100-day EMAEthereum recorded $101.68 million in liquidations over the past 24 hours, led by $72.67 million in long liquidations.
On the daily chart, ETH maintains a constructive near-term bullish bias as it holds above the 20- and 50-day Exponential Moving Averages (EMAs) at $1,863 and $1,842, respectively and is only marginally below the 100-day EMA at $1,933, which now caps the topside.
Momentum remains supportive, with the 14-day Relative Strength Index (RSI) near 58 and the Stochastic Oscillator (Stoch) around 65, suggesting buyers still retain control without extreme overbought conditions.
On the downside, initial support is seen at the cluster of dynamic support from the 20- and 50-day EMAs between roughly $1,863 and $1,842, ahead of the more distant floor at $1,806. A deeper pullback would expose the next static supports at $1,741 and $1,524.
ETH/USDT daily chartOn the topside, immediate resistance is located at the 100-day EMA at $1,933, with further barriers at $2,018 and $2,108. A sustained break above these would open the way toward $2,211 and the more ambitious objectives at $2,388 and $2,746.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Operators have to lock up their own ETH as collateral now.
Liquid staking app Lido has started moving the bulk of its staked ETH onto Ethereum’s larger post-Pectra validators, and the operators running them are now putting up their own capital for the first time.
The main idea is that Lido’s curated node operators stop running thousands of identical 32 ETH validators and collapse them into far fewer, much larger ones.
$16B in ETH Moved Moreover, Ethereum’s Pectra hardfork, activated in May 2025, raised the maximum effective balance per validator to 2,048 tokens through what are known as 0x02 credentials. Curated Module v2 is the piece of Lido Core that now supports them natively (Phase 1 went live on Monday).
The scope is the Curated Module itself, the permissioned operator layer that has handled well over 90% of Lido’s staked ETH since the protocol launched in 2020. That covers more than 265,000 existing validators and more than 8 million ETH, worth about $16 billion.
It’s worth knowing Lido is doing this in a tighter market. As CryptoPotato reported, its revenue fell roughly 25% last year, and its share of all staked ETH slid from more than 28% in 2024 to just over 24% in December 2025.
No Longer Trust, Operators Now Must Post Bonds Basically, trust alone is no longer enough, and operators have skin in the game. This means they have to lock up their own ETH as collateral, so if they get or fail operationally, that ETH is taken.
Their bond is smaller than in Lido’s permissionless modules because they’re still considered more trustworthy than open applicants. The governance update also removes unnecessary DAO votes for routine administrative tasks like changing an operator address, reducing bureaucracy.
You may also like: Tom Lee’s Bitmine Keeps Buying Ethereum, Treasury Nears 5.8 Million ETH Allbridge Pauses Protocol After $1.65M Exploit Drains Stablecoin Liquidity Pools Ethereum Tops $1,900 in a Six-Week High, Where to Next For ETH? The migration will take months because Ethereum limits how quickly validators can exit and be restaked. While they’re offline, they stop earning rewards, which Lido estimates will cost about 738.5 ETH. The 117-day figure is the fastest Ethereum theoretically allows, while six months is the practical estimate.
TLDR:Morgan Stanley Expands Digital Asset LineupStaking Rewards and Benchmark TrackingGet 3 Free Stock Ebooks Morgan Stanley launches MSSE and MSOL, tracking ether and SOL on NYSE Arca exchanges. Both new ETPs carry a 0.14% expense ratio, matching the existing bitcoin trust fee. MSSE and MSOL will stake holdings, passing all rewards to investors, not the firm. Morgan Stanley’s ETF and ETP suite now spans 22 products worth over $14 billion. Morgan Stanley launched two new crypto exchange-traded products on Tuesday, expanding its digital asset lineup beyond bitcoin.
Morgan Stanley Investment Management introduced the Morgan Stanley Ethereum Trust and the Morgan Stanley Solana Trust on NYSE Arca.
Both products carry a 0.14% expense ratio and aim to track ether and SOL prices. The launch adds staking capabilities to the firm’s growing ETP suite, which already includes a bitcoin trust.
Morgan Stanley Expands Digital Asset Lineup Morgan Stanley Investment Management now offers exchange-traded products tied to three major cryptocurrencies.
The new Ethereum Trust trades under the ticker MSSE, while the Solana Trust uses MSOL. Both joined the earlier Morgan Stanley Bitcoin Trust, known as MSBT, which launched earlier in 2026.
MSBT was the first cryptocurrency ETP offered by a U.S. bank-affiliated asset manager. That product has attracted more than $381 million in assets under management through July 16, 2026. The bitcoin trust set the foundation for this week’s expansion into ether and SOL markets.
Ally Wallace, Global Head of ETFs for Morgan Stanley Investment Management, described the firm’s progress since 2023.
She said the company has “built a diversified suite of ETFs and ETPs” that now tops $14 billion in assets under management. Wallace called the new launches part of the product line’s natural evolution.
Each new trust carries the same 0.14% expense ratio as the Bitcoin product. This pricing structure reflects a broader strategy toward competitively priced digital asset offerings. The consistent fee across all three products simplifies comparison for investors weighing crypto exposure options.
Staking Rewards and Benchmark Tracking Both MSSE and MSOL intend to stake a portion of their underlying holdings. Staking allows the trusts to generate additional yield from their ether and SOL positions. Morgan Stanley Investment Management will not retain any portion of the staking rewards earned.
This structure means reward proceeds flow back to the products themselves rather than the firm. Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, addressed the broader shift toward digital assets. She said client interest in these assets “continues to grow” across investment portfolios.
Oldenburg added that the firm remains focused on offering solutions while “adhering to Morgan Stanley’s standards for governance.”
Those standards guide how the company approaches infrastructure for its digital asset products. The firm aims to balance innovation with established institutional oversight practices.
MSSE will track ether performance using the CoinDesk Ether Benchmark 4PM NY Settlement Rate. MSOL will follow SOL performance through the CoinDesk Solana Benchmark 4PM NY Settlement Rate. These benchmarks provide standardized pricing references for both new exchange-traded products.
Morgan Stanley’s full ETF and ETP suite launched in 2023 and has expanded steadily since. The lineup now includes 22 products spanning Calvert ETFs, Parametric ETFs, and Eaton Vance fixed income ETFs. Three digital asset ETPs round out this diversified investment offering for clients.
Bitcoin slipped below $64,000 on Tuesday as a selloff in Asian tech equities reflected investor caution ahead of the Federal Reserve’s interest rate decision Wednesday.
Notable Statistics:
Coinglass data shows 133,415 traders were liquidated in the past 24 hours for $620.81 million. SoSoValue data shows net outflows of $11.6 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $9.23 million. In the past 24 hours, top losers include Audiera, LayerZero and Shiba Inu. Notable Developments:
Trader Notes:
Crypto chart analyst Ali Martinez said Bitcoin has lost the key $63,800 support level, weakening its near-term technical structure.
With that breakdown, analyst sees $60,000 as the next major downside target unless bulls quickly reclaim the lost support.
Ted Pillows noted Bitcoin is forming a falling wedge, a pattern often viewed as a potential bullish reversal, just as the CLARITY Act nears its final legislative stage.
The trader argues that if the bill passes, it could validate Tom Lee‘s bullish outlook, while a rejection would likely delay, but not necessarily invalidate, his longer-term thesis.
Trader Crypto Poseidonn believes Bitcoin’s summer uptrend has ended, citing a loss of key support and the formation of a lower high.
Drawing parallels with the April-May decline, he expects Bitcoin to revisit sub-$60,000 levels in the coming weeks.
Image: Shutterstock
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Morgan Stanley Investment Management has launched exchange-traded products tracking Ethereum and Solana, expanding the Wall Street bank’s digital asset lineup beyond Bitcoin.
Summary
MSSE and MSOL began trading on NYSE Arca, providing exposure to Ether and Solana. Both products charge a 0.14% annual management fee and include staking. Morgan Stanley becomes the first US bank-affiliated asset manager to issue Ethereum and Solana funds. The launch comes as crypto ETF flows remain mixed during a wider market downturn. Morgan Stanley launches MSSE and MSOL Morgan Stanley Investment Management announced the launch of the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on Tuesday. The products trade on NYSE Arca under the tickers MSSE and MSOL, respectively.
MSSE seeks to track the performance of Ether, while MSOL follows SOL, the native asset of the Solana network. Both products charge an annual management fee of 0.14%, placing them among the lowest-cost US crypto exchange-traded products.
The launch followed the completion of the funds’ registration and listing process. NYSE Arca approved the products after Morgan Stanley submitted the required filings to the US Securities and Exchange Commission.
Although commonly described as ETFs, Morgan Stanley officially classifies MSSE and MSOL as exchange-traded products. Like spot crypto ETFs, they hold digital assets and allow investors to gain price exposure through traditional brokerage accounts without managing wallets or private keys.
Staking adds another source of returns Both products can stake a portion of their holdings to earn blockchain rewards. Staking involves committing tokens to help validate transactions and secure a proof-of-stake network.
Regulatory filings show that MSSE plans to stake between 50% and 80% of its Ether. MSOL may stake up to 100% of its Solana holdings. Figment, Galaxy’s blockchain infrastructure business, and Coinbase Canada are listed among the staking providers.
Service providers and custodians will retain up to 5% of the staking rewards, with the remaining rewards allocated to the funds. However, returns will still depend largely on ETH and SOL price movements, while staking introduces additional operational, liquidity, and network risks.
Morgan Stanley’s entry could increase fee pressure across the US crypto fund market. Its 0.14% charge is below the management fees attached to many competing Ethereum and Solana products, although investors must also consider tracking differences and how each issuer distributes staking income.
US investors gain bank-backed crypto access MSSE and MSOL are the first Ethereum and Solana exchange-traded products issued by an asset manager affiliated with a US bank. Their arrival gives US investors another regulated route to gain crypto exposure through taxable brokerage and eligible investment accounts.
Morgan Stanley entered the market earlier this year with the Morgan Stanley Bitcoin Trust, which trades under the MSBT ticker. The Bitcoin product held about $392 million in net assets as of July 24, according to the asset manager’s product page.
The bank has also expanded direct crypto access through E*TRADE, allowing customers to buy and sell Bitcoin, Ethereum, and Solana through accounts linked to crypto infrastructure provider Zerohash. Morgan Stanley has separately applied to establish a national trust bank focused on digital assets.
Its role in institutional crypto markets also extends beyond its own products. LMAX Group recently appointed Morgan Stanley and KBW to examine a potential sale or public listing that could value the trading company at up to $5 billion. LMAX is considering a direct sale, a special purpose acquisition company merger, or an initial public offering, with a Nasdaq listing reportedly its preferred route.
Crypto ETF flows remain uneven Morgan Stanley’s launch comes during an uneven period for US crypto funds. Bitcoin ETFs have recorded three consecutive sessions of net outflows following a seven-day inflow streak, according to SoSoValue data.
Ethereum funds have posted net inflows on six of the past eight trading days. Solana products recorded four inflow days over the same period, alongside two sessions with no net flows.
Those mixed figures coincide with renewed weakness across the crypto market. Bitcoin pulled back after retesting the $65,000 level, while ETH and SOL also faced selling pressure as traders reduced exposure to risk assets.
The launch nevertheless broadens Morgan Stanley’s crypto offering during a period when traditional financial companies continue building digital asset products despite weaker prices. Initial trading volumes and asset inflows into MSSE and MSOL will show whether the bank’s brand, low fee, and staking structure can attract investors from established rivals.
The two-developer project overtook Solana's dominant tokenized-card platform four days after relaunching, generating $1.6M in daily fees at its peak before activity cooled.
Fake World Assets, an Ethereum-based NFT gacha protocol built by two-person team Token Works, overtook Solana's Collector Crypt in daily revenue on July 25, four days after its July 20 relaunch, according to DefiLlama data.
The protocol pulled in $447,604 in revenue on July 25, its peak day, per DefiLlama — ahead of Collector Crypt, whose daily revenue has averaged roughly $360,000 over the past week. Total fees paid into Fake World Assets that day reached $1.6 million, against roughly 2,000 ETH in volume across some 90,000 transactions, including about 35,000 individual pulls, in the four days after relaunch.
The launch surge has cooled and the flip has partially reversed: Collector Crypt retook the daily lead with $270,186 in revenue over the past 24 hours against Fake World Assets' $167,869, per DefiLlama's chain rankings. Even at that reduced pace, Fake World Assets is the second-highest revenue-generating protocol on Ethereum over the past day, behind only Sky's $464,303 — ahead of Aave ($105,282), Uniswap ($76,028), Lido ($74,755), and the $74,808 in ETH the network itself burned over the period.
The flip shows demand for gacha mechanics on Ethereum despite transaction costs that exceed Solana's, and the roughly 35,000 purchases in four days suggest real users paying a premium to participate. Whether the revenue holds is another question: daily fees have fallen by half from the July 25 peak, the daily token emissions that reward early users expire 15 days after launch, and Collector Crypt's June numbers remain an order of magnitude larger on a monthly basis.
Fake World Assets was built by developers known as Adam (@Rhynotic) and Teto (@tetonotsorry), who say the project is self-funded. Its name plays on the "real world assets" label attached to Collector Crypt's tokenized trading cards.
Top Ethereum protocols by 24-hour revenue
RankProtocolCategoryRevenue (24h)1SkyCDP$464,3032Fake World AssetsNFT gacha$167,8693AaveLending$105,2824UniswapDEX$76,0285Ethereum (ETH burned)Chain$74,8086LidoLiquid staking$74,7557Titan BuilderBlock builder$61,0348ether.fiRestaking$54,781Source: DefiLlama, July 28, 2026.
NFT DepositsUsers deposit ETH-backed NFTs into the protocol, and purchasers pay to pull a randomized item from the pool, with pricing that fluctuates based on the ETH backing each asset. A purchaser can keep the NFT or sell it back for most of its ETH backing — 85%, with the remainder retained by the protocol. Randomness comes from Chainlink VRF, and the deposited pool has grown past 1,500 NFTs, including CryptoPunks as top-tier prizes.
The protocol also runs what it calls a "loss-to-earn" mechanism: depositors whose assets get pulled by other users are compensated through token emissions and fee distributions, an incentive to keep the pool stocked. FWA token emissions run daily for the first 15 days after launch, with 1% of supply going to purchasers and 1% to depositors each day.
The Solana incumbentCollector Crypt has led the onchain gacha category since launching the feature in December 2024, converting authenticated physical Pokemon and other trading cards into NFTs on Solana.
Users spent over $209M on its packs in June alone, roughly two-thirds of the category's record $324M month, and the platform crossed $50M in cumulative revenue in mid-June. Its CARDS token listed on KuCoin on July 9, and Solana DEX aggregator Jupiter launched a gacha product powered by Collector Crypt's infrastructure on July 13.
On July 28, 2026, the security platform specialized in onchain transaction analysis Blockaid publishes its security report for the first half of 2026. The facts are alarming: losses related to crypto hacks amount to 3.1 billion dollars, spread over more than 75 major attacks. The highest number of hacks ever recorded in such a short period! Ethereum accounts for more than half of the losses. Nevertheless, Solana also establishes itself among the most targeted crypto networks.
In brief 3.1 billion dollars were stolen during more than 75 crypto hacks in the first half of 2026. Ethereum accounts for 53% of the losses, ahead of Solana, the second most targeted blockchain. Private key thefts and phishing attacks now surpass smart contract exploits. Hackers increasingly target users, wallets, and crypto infrastructures. For the crypto industry, cybersecurity becomes a key issue for institutional adoption. Ethereum remains the preferred target of crypto hackers With approximately 1.63 billion dollars stolen by crypto hackers, Ethereum represents nearly 53% of hacks recorded in the first half. Blockaid’s report nonetheless highlights an important point: this observation does not necessarily mean that the architecture of this crypto blockchain is more vulnerable than that of its competitors.
Ethereum still concentrates the largest share of value locked in DeFi. It hosts thousands of decentralized applications. Most importantly, it serves as the reference infrastructure for many crypto financial protocols. This liquidity concentration naturally attracts cybercriminals, who favor targets offering the best potential returns.
This logic is comparable to that observed in the traditional financial system. The world’s largest banks regularly rank among the most attacked institutions, not because they are the least secure, but because they hold the largest assets.
Solana becomes an increasingly attractive target The second most affected crypto blockchain, Solana totals approximately 373 million dollars in losses. This growth is largely explained by the rise of its ecosystem.
The explosion of memecoins, increased transaction volumes, and rapid DeFi development have significantly increased the crypto network’s activity. This attracts not only new users but also malicious actors seeking opportunities.
The increase in attacks on the Solana crypto network can therefore be interpreted as a maturity sign. Decryption: as an ecosystem gains economic importance, it becomes a more profitable target for hackers.
Losses related to crypto hacks (Source: Blockaid) Smart contracts are no longer the main weak point The Blockaid report provides valuable information on:
the nature of crypto attacks; the evolution of the methods used. For several years, the biggest losses mainly came from errors in smart contracts. Now, this trend is reversing. According to Blockaid, about 1.83 billion dollars were stolen after wallet compromises, private key thefts, phishing attacks, or critical infrastructure compromises.
This simply means that crypto hackers today favor strategies that are often simpler and more profitable:
deceiving a user; compromising an administrator; gaining access to a private key This shift is probably the main change in crypto cybersecurity since the rise of DeFi.
Cybersecurity now goes beyond the crypto blockchain Interviewed by Cointelegraph, Blockaid CEO Ido Ben-Natan recalls that 2025 was already a heavy year with 2.58 billion dollars lost over 63 incidents. However, this sum was concentrated on a single major event in the first quarter: the hack of the crypto exchange Bybit amounting to 1.4 billion dollars. Ethereum and Arbitrum then ranked at the top of the most affected networks.
The attacks observed in 2026 show that crypto cybersecurity is now a global issue. Today’s cybercriminals seek to compromise wallets, multisig signatures, web interfaces, APIs, or even the accounts of technical teams.
This approach progressively brings crypto project security closer to that of large tech companies. Social engineering campaigns, targeted phishing, and credential compromises are growing in importance compared to purely technical exploits.
For developers as well as investors, protection no longer relies solely on the robustness of protocols. It also includes access management, infrastructure monitoring, and good operational practices.
A transformation happening at a strategic moment for the crypto industry Figures published by Blockaid far exceed the scope of developers. With the arrival of ETFs, asset tokenization, and growing interest from banks and asset managers, trust in the crypto ecosystem now depends on its ability to protect capital.
Each major attack thus weakens this trust. More importantly, it reminds that security is one of the essential conditions for institutional adoption. Crypto platforms will need to invest more in real-time threat detection, enhanced authentication, and monitoring tools (including those based on artificial intelligence).
In any case, Blockaid’s report highlights a profound mutation: crypto attacks target code less and less and users, private keys, and infrastructures more and more. For an industry aiming to attract institutional investors, strengthening cybersecurity is no longer an option. It is an essential condition.
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
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Clear Creek Financial Management disclosed about $15.1 million across Bitcoin, Ethereum, XRP, and Solana exchange-traded funds in its latest US regulatory filing.
Summary
Bitcoin ETFs accounted for about $10.4 million, led by Bitwise’s BITB fund. Clear Creek reported nearly $4.3 million across three Ethereum ETFs. XRP and Solana products expanded the firm’s disclosed crypto allocation beyond BTC and ETH. The filing provides a quarter-end snapshot, meaning Clear Creek may have changed its positions since then. Clear Creek’s Bitcoin ETF holdings top $10 million Clear Creek’s largest disclosed crypto position was the Bitwise Bitcoin ETF (BITB). The investment adviser reported owning 304,155 shares valued at about $9.69 million at the end of the reporting period.
The firm also held approximately $477,412 in BlackRock’s iShares Bitcoin Trust ETF and $248,539 in the Grayscale Bitcoin Trust ETF. Together, its three Bitcoin ETF positions were worth roughly $10.4 million.
BITB accounted for close to 93% of the firm’s disclosed Bitcoin ETF allocation. Clear Creek manages more than $1.5 billion in assets, placing the crypto positions at a relatively small share of its wider portfolio.
Form 13F requires institutional investment managers overseeing at least $100 million in qualifying US securities to disclose certain long positions every quarter. However, the reports are backward-looking and do not include cash, short positions or assets that fall outside the filing rules.
Clear Creek could therefore have increased, reduced or exited some positions after the reporting date.
Ethereum becomes the firm’s second-largest crypto allocation Ethereum ETFs formed Clear Creek’s second-largest digital asset allocation at almost $4.3 million.
The firm reported 337,162 shares of the Bitwise Ethereum ETF, valued at approximately $3.8 million. It also disclosed 14,336 shares of the iShares Ethereum Trust worth $170,455.
Clear Creek held a further 21,374 shares of the Grayscale Ethereum Staking ETF, valued at $321,251. The staking product gives investors exposure to ETH while incorporating rewards generated through Ethereum’s proof-of-stake network, subject to the fund’s structure and fees.
Separately, Morgan Stanley launched Ethereum and Solana staking ETFs on July 28. The products charge a management fee of 0.14%, adding another major Wall Street name to the expanding US crypto fund market.
The developments show how regulated products are giving investment advisers several ways to allocate to the same digital asset, including products from Bitwise, BlackRock, Grayscale and Morgan Stanley.
XRP and Solana ETFs broaden Clear Creek’s strategy Clear Creek also reported smaller positions tied to XRP and Solana, taking its disclosed crypto ETF portfolio beyond the two largest digital assets.
The investment manager held 11,621 shares of the Bitwise XRP ETF, valued at $135,501 at the reporting date.
Its Solana allocation was split between two funds. Clear Creek owned 11,258 shares of the Bitwise Solana Staking ETF worth $112,693 and 28,144 shares of the Grayscale Solana Staking ETF valued at $155,636.
Those positions brought the firm’s total reported Solana ETF exposure to about $268,329. Although small compared with its Bitcoin and Ethereum holdings, the allocations show that some US advisers are using regulated funds to gain exposure to a wider group of crypto assets.
Morgan Stanley also recently disclosed an XRP ETF position, providing another example of traditional financial firms moving beyond Bitcoin-only exposure.
US and global crypto ETF markets continue expanding Clear Creek’s filing arrives as the SEC considers changes to how it reviews a growing pipeline of ETF proposals.
Brian Daly, an official in the SEC’s Division of Investment Management, said the agency receives roughly 200 ETF applications each month, according to Bloomberg ETF analyst Eric Balchunas. Daly also acknowledged that the regulator had handled crypto poorly and wanted a more orderly process for reviewing novel products.
The SEC is reportedly considering confidential ETF filings, which could allow issuers to submit proposals privately before making them public. Such a system could protect new fund ideas from competitors while regulators conduct an initial review.
Other markets are also examining broader crypto fund access. Japan could allow its first Bitcoin ETF by 2028 as regulators prepare rules permitting investment trusts and ETFs to hold digital assets directly.
For US investors, Clear Creek’s disclosure does not prove that the firm remains invested at the same levels today. It does, however, provide a documented view of how one registered adviser distributed its crypto exposure across four assets and several competing issuers.
Blockchain security company AmericanFortress has unveiled a cryptographic scheme that it says could protect existing cryptocurrency wallets from future quantum attacks without requiring users to move funds, rotate keys or change wallet addresses.
Unlike most proposed post-quantum approaches, AmericanFortress said its scheme allows existing wallet addresses to remain unchanged while adding post-quantum protection.
The company published the proposal in a technical paper on the Cryptography ePrint Archive, describing the scheme as compatible with seed-based hierarchical deterministic wallets used across Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other blockchain networks that rely on elliptic curve cryptography. The paper has not yet been peer-reviewed.
According to the paper, the scheme uses zero-knowledge proofs derived from a wallet’s original seed phrase instead of replacing the elliptic curve cryptography underlying existing wallets. AmericanFortress said participating nodes would verify those proofs while users continue signing transactions with their existing keys.
AmericanFortress also cited a recent Bloomberg analysis estimating that up to $470 billion in Bitcoin could be vulnerable to quantum attacks if sufficiently powerful quantum computers become available.
Companies pursue different paths to post-quantum wallet securityAmericanFortress is not the only company developing post-quantum protections for cryptocurrency wallets. On Tuesday, Freedom Factory unveiled PQ1, which it describes as a post-quantum hardware wallet designed for Ethereum and other Ethereum Virtual Machine (EVM)-compatible networks.
Unlike AmericanFortress’ software-based approach, PQ1 uses post-quantum cryptographic signatures generated on dedicated hardware. According to Freedom Factory, the wallet uses SPHINCS+C10 signatures and ERC-4337 smart accounts to secure transactions against future quantum attacks.
Developers have increasingly focused on post-quantum cryptography because sufficiently powerful quantum computers could eventually break the elliptic-curve cryptography used to secure Bitcoin, Ethereum and many other blockchain networks. Although such computers are not yet available, several blockchain projects have already begun researching migration strategies.
In recent months, a Strategy-led consortium pledged $15 million to fund Bitcoin quantum security research, the Ethereum Foundation published a proposal for migrating accounts to quantum-resistant cryptography, and Algorand outlined plans to introduce quantum-resistant accounts by 2027.
Ethereum’s post-quantum roadmap. Source: Ethereum Foundation
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
In brief Morgan Stanley launched spot Ethereum and Solana exchange-traded products under the ticker symbols MSSE and MSOL. Both funds will stake a portion of their holdings, with staking rewards passed through to investors. The launch follows a series of crypto initiatives this year, including a Bitcoin ETF, E*TRADE crypto trading, and tokenization plans. Morgan Stanley Investment Management is expanding beyond Bitcoin with the launch of Ethereum and Solana exchange-traded products that will generate staking rewards for investors, the latest step in the Wall Street firm's growing push into digital assets.
Announced on Tuesday, the Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) will track the price of Ethereum and Solana, respectively. The company said each fund will charge a 0.14% expense ratio, stake a portion of its holdings, and pass any staking rewards through to investors.
“Since introducing our first ETFs in 2023, we've built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets under management,” Global Head of ETFs for Morgan Stanley Investment Management, Ally Wallace, said in a statement. “The addition of MSSE and MSOL reflects the natural evolution of our product suite, which seeks to provide simplified access to digital assets through the ETP wrapper.”
The launch follows Morgan Stanley's April introduction of its spot Bitcoin Trust. According to the company, the fund had attracted more than $381 million in assets under management through July 16, while its ETF and ETP platform had grown to more than $14 billion across 22 products.
The launch is the latest crypto initiative that Morgan Stanley has announced this year.
Also in April, Morgan Stanley executives said the firm was exploring tokenized money market funds, digital asset tax-management strategies through subsidiary Parametric, and other blockchain-based products.
“We’re not going to stop at just Bitcoin,” Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, previously told Decrypt. “It’s really about the longer-term journey, and there’s quite a long way to go.”
In July, Morgan Stanley rolled out spot Bitcoin, Ethereum, and Solana trading for eligible E*TRADE customers through a partnership with Zero Hash, allowing clients to buy, sell, and hold digital assets alongside stocks and other investments.
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In brief Morgan Stanley launched spot Ethereum and Solana exchange-traded products under the ticker symbols MSSE and MSOL. Both funds will stake a portion of their holdings, with staking rewards passed through to investors. The launch follows a series of crypto initiatives this year, including a Bitcoin ETF, E*TRADE crypto trading, and tokenization plans. Morgan Stanley Investment Management is expanding beyond Bitcoin with the launch of Ethereum and Solana exchange-traded products that will generate staking rewards for investors, the latest step in the Wall Street firm's growing push into digital assets.
Announced on Tuesday, the Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) will track the price of Ethereum and Solana, respectively. The company said each fund will charge a 0.14% expense ratio, stake a portion of its holdings, and pass any staking rewards through to investors.
“Since introducing our first ETFs in 2023, we've built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets under management,” Global Head of ETFs for Morgan Stanley Investment Management, Ally Wallace, said in a statement. “The addition of MSSE and MSOL reflects the natural evolution of our product suite, which seeks to provide simplified access to digital assets through the ETP wrapper.”
The launch follows Morgan Stanley's April introduction of its spot Bitcoin Trust. According to the company, the fund had attracted more than $381 million in assets under management through July 16, while its ETF and ETP platform had grown to more than $14 billion across 22 products.
The launch is the latest crypto initiative that Morgan Stanley has announced this year.
Also in April, Morgan Stanley executives said the firm was exploring tokenized money market funds, digital asset tax-management strategies through subsidiary Parametric, and other blockchain-based products.
“We’re not going to stop at just Bitcoin,” Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, previously told Decrypt. “It’s really about the longer-term journey, and there’s quite a long way to go.”
In July, Morgan Stanley rolled out spot Bitcoin, Ethereum, and Solana trading for eligible E*TRADE customers through a partnership with Zero Hash, allowing clients to buy, sell, and hold digital assets alongside stocks and other investments.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Morgan Stanley Investment Management has introduced new exchange-traded products tracking Ethereum and Solana, marking another major move in the firm’s growing digital asset portfolio.
New Ethereum and Solana ProductsThe Wall Street giant unveiled the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on Tuesday, both listed on NYSE Arca. Each fund closely tracks its underlying asset and features a 0.14% expense ratio.
In a departure from traditional spot offerings, both MSSE and MSOL will stake portions of their holdings, passing any staking rewards directly to shareholders. This adds an additional layer of potential return for investors.
Since introducing our first ETFs in 2023, we’ve built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets under management. The addition of MSSE and MSOL reflects the natural evolution of our product suite, which seeks to provide simplified access to digital assets through the ETP wrapper.
Morgan Stanley Investment Management, a division of Morgan Stanley, offers a vast range of investment products and solutions, managing assets globally for a variety of clients.
Mini dictionary: NYSE Arca, an electronic securities exchange in the United States, is known for trading exchange-traded funds and products with a focus on innovation and liquidity.
Staking and Investor ReturnsBy integrating staking features, these new funds allow investors to benefit from on-chain rewards typically earned by network validators. Unlike standard exchange-traded products, staked assets can generate additional income, which is distributed to investors participating in the funds.
The addition of staking may appeal to institutional and retail clients looking for passive yield opportunities within regulated structures.
Expanding Digital Asset OfferingsMorgan Stanley’s expansion into Ethereum and Solana follows its launch of a spot Bitcoin Trust in April. That product quickly attracted over $381 million in assets under management as of July 16. The firm’s broader ETF and ETP platform has now surpassed $14 billion across 22 products.
FundAsset TrackedExpense RatioStakingLaunch DateMSSEEthereum0.14%YesJuly 2024MSOLSolana0.14%YesJuly 2024Bitcoin TrustBitcoinVariesNoApril 2024The company previously indicated its intention to push beyond Bitcoin. Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, remarked on the firm’s plans for further digital asset integration, emphasizing a long-term approach and broadening product range.
We’re not going to stop at just Bitcoin. It’s really about the longer-term journey, and there’s quite a long way to go.
Executives have confirmed ongoing exploration of other innovations, such as tokenized money market funds and tax management strategies involving Morgan Stanley’s subsidiary, Parametric, as well as increased use of blockchain technology in traditional finance products.
In July, the company broadened its digital reach by partnering with Zero Hash to provide spot trading in Bitcoin, Ethereum, and Solana for eligible E*TRADE brokerage customers, allowing users to manage crypto alongside stocks and other investments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Morgan Stanley has launched two spot exchange-traded funds (ETFs) offering investors exposure to Ethereum (ETH) and Solana (SOL), expanding the firm's range of cryptocurrency investment products.
Morgan Stanley rolls out ETFs for Ethereum and SolanaThe Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) have begun trading on the NYSE Arca, providing exposure to the spot prices of Ethereum (ETH) and Solana (SOL).
Both ETFs carry an expense ratio of 0.14% and intend to stake a portion of their respective ETH or SOL holdings to earn staking rewards. Morgan Stanley noted that it will not retain any portion of the rewards generated by either fund.
MSSE will seek to track ETH's performance using the CoinDesk Ether Benchmark 4 PM NY Settlement Rate, while MSOL will track SOL's performance using the CoinDesk Solana Benchmark 4 PM NY Settlement Rate.
The launch expands Morgan Stanley's cryptocurrency ETF offering following the introduction of the Morgan Stanley Bitcoin Trust (MSBT) earlier this year. The Bitcoin ETF, which was the firm's first cryptocurrency ETF, held more than $381 million in assets under management as of July 16.
With the addition of MSSE and MSOL, Morgan Stanley now offers ETFs linked to BTC, ETH and SOL, three of the largest digital assets by market cap.
Morgan Stanley's low fees could boost its altcoin productsBloomberg senior ETF analyst Eric Balchunas commented on the launch, citing Morgan Stanley's extensive distribution network and the low fees on the new funds.
Balchunas noted that the 0.14% sponsor fee makes both ETFs the cheapest spot products in their respective categories. He also highlighted Morgan Stanley's reach across the wealth management industry, arguing that the firm's scale could make the launches significant for the broader crypto ETF market.
"[In my opinion], Morgan Stanley is biggest ether and sol launch since the initial ETFs (just as their bitcoin launch was more notable since IBIT) simply [because] of their sheer size and reach," Balchunas wrote in a post on X.
Morgan Stanley's Global Head of ETFs, Ally Wallace, said the new products are part of the firm's broader expansion of its ETF offering.
“The addition of MSSE and MSOL reflects the natural evolution of our product suite, which seeks to provide simplified access to digital assets through the ETP wrapper,” Wallace said in a Tuesday statement.
The firm added that its ETF products have grown to more than $14 billion in assets under management since it introduced its first ETFs in 2023.
The launch comes as asset managers continue to expand access to regulated investment products tied to digital assets.
ETH and SOL are trading at $1,918 and $74.16, down 1% and 1.6%, respectively, over the past 24 hours at the time of writing.
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
RWAs Higher Than Any NetworkAccording to 21Shares investment strategist Max Michielsen, Robinhood Chain now has roughly 328,000 holders of tokenized RWAs, more than any other blockchain network.
The milestone comes less than a month after the network’s mainnet launch.
Tokenized assets on the chain nearly doubled over the past week to around $24 million, excluding stablecoins, while the number of listed assets climbed to 97.
Robinhood can promote blockchain-based financial products directly to approximately 28 million funded brokerage accounts.
"Distribution is the product now, and Robinhood is demonstrating how quickly it compounds," the strategist added.
Robinhood Chain initially generated attention through meme coin trading, recording more than 17 million transactions and over $1 billion in decentralized exchange volume during its first week.
Activity surged after CEO Vlad Tenev said the network "works well for memes," helping trigger a short-lived memecoin rally.
CASHCAT, a token based on Robinhood’s original mascot, jumped between 700% and 962% following the post before subsequently declining.
Deposits Rise While Trading SlowsRobinhood Chain’s total value locked has continued climbing without a daily decline and currently stands at around $325 million, The Block reported citing DefiLlama data.
However, most measures of network activity peaked during the second week and have since weakened.
DEX volume witnessed a drop of 27% from the previous week, while daily active accounts fell 7% to an average.
Meanwhile, trading volume per active account declined to about $2,000 from a peak of approximately $2,800 two weeks earlier.
The chain’s turnover ratio, calculated by dividing DEX volume by TVL, dropped from 9.25 times during the second week of July to 1.68 times by last Friday.
That suggests capital is entering the network faster than it is being actively traded.
The trend may reflect demand for Robinhood Earn, which offers an estimated 7% annual percentage yield on the USDG stablecoin, rather than organic trading demand.
Image: Shutterstock
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@BNBCHAIN has quietly edged past @ethereum in one of the more closely watched on-chain metrics: 30-day fee revenue. According to Chainspect data, BNB Chain generated $8.08 million in user-paid fees over the trailing 30 days, placing it third across all blockchains and just ahead of Ethereum's $7.37 million. Bitcoin ranked fifth at $5.6 million.
Where the Rankings Stand @trondao leads the field at $25.88 million, with @solana second at $13.57 million. The figures cover only user-paid transaction fees, meaning Bitcoin's total excludes the block subsidy that miners also receive. Stripping that out makes the comparison a cleaner measure of actual economic demand for blockspace.
Chain revenue, as tracked by Chainspect, covers the total fees users pay, whether they are burned, sent to the treasury, or paid to validators, miners, or sequencers. That definition keeps the comparison like-for-like across very different network architectures.
Volume Over Price: How BNB Chain Gets There The headline number is notable because BNB Chain reaches it through throughput rather than fee pricing. The average transaction on the network costs under two cents, compared with roughly eleven cents on Ethereum and around thirty cents on Bitcoin. BNB Chain is cheaper and faster than Ethereum's base layer for everyday transactions, with a typical transfer costing a few cents, while Ethereum base-layer fees rise and fall with demand.
BNB Chain offers low-cost EVM blockspace with strong retail distribution. Developer ergonomics favor quick EVM ports, and campaigns frequently drive on-chain activity, though fee demand can be broad but thinner per application, making the baseline steady yet less dramatic than breakout chains. In short, BNB Chain's aggregate revenue is built on a high volume of small, cheap transactions rather than a concentrated set of high-value ones.
The fee scoreboard also reframes the broader narrative around blockchain competition. Blockchain fees are payments users make to process transactions on-chain and offer a more direct measure of value capture than volume alone. A chain can process significant transaction throughput while generating relatively little in fees. Ranked by market cap, the order looks very different. Ranked by what users are actually paying to use a network, the picture shifts considerably, and BNB Chain's position above Ethereum in this window is a clear illustration of that gap.
Sources:
Chainspect Financials Dashboard: Blockchain Revenue and Fee Data
CryptoDaily: BNB, ETH and SOL Fee Demand Analysis (June 2026)
Seagate rose more than 5% in after-hours trading, with Q4 revenue and adjusted earnings per share both beating expectations.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Bitcoin (BTC) is falling toward the immediate $63,000 support at the time of writing on Tuesday, weighed down by continued risk-off sentiment. Altcoins, including Ethereum (ETH) and Ripple (XRP), remain under pressure, trading below $1,900 and $1.10, respectively.
Crypto sentiment stays fragile ahead of Fed rate decisionCrypto market sentiment remains largely unresponsive and in the Fear territory, as reflected in the Fear & Greed Index. The index, which broadly tracks investor behavior, holds at 29 on Monday, down only marginally from 30 the day before. This prevailing market condition indicates that risk-off sentiment remains weak, aligning with the ongoing correction.
Crypto Fear & Greed Index | Source: AlternativeMeanwhile, investors are pricing in a 64% probability that the Federal Reserve (Fed) will hold interest rates steady in the 3.50%- 3.75% range on Wednesday.
At the same time, the market is pricing in a 36% chance of a hike to the 3.75%-4.00% range. Although recent data, including the Consumer Price Index (CPI), signaled that inflation eased in the United States (US) in June, fears of a regional escalation of the war in the Middle East could push the Fed toward a stricter monetary policy.
Loretta Mester, former Cleveland Fed President, said in an interview that the central bank officials “are going to have to ask themselves whether policy is at the right level to get inflation moving back down to 2%. Chair Warsh has been pretty vocal on saying that they’re not going to tolerate inflation.”
FedWatch tool | Source: CME GroupBitcoin spot Exchange-Traded Funds (ETFs) extended the bearish streak for a third consecutive day, with outflows approaching $12 million on Monday. According to SoSoValue data, institutional withdrawals totaled $225 million on Thursday and $240 million on Friday, undermining risk exposure.
Bitcoin ETF flows | Source: SoSoValueEthereum spot ETFs outpaced Bitcoin, as inflows returned, reaching roughly $9 million on Monday. This followed Friday’s $71 million in outflows, which snipped five days of inflows.
Ethereum ETF flows | Source: SoSoValueXRP spot ETFs posted very mild inflows totaling $592,000 on Monday, following three straight days of muted activity. Cumulative inflows edge higher to $1.50 billion, with net assets under management holding steady at $1 billion, according to SoSoValue.
XRP ETF flows | Source: SoSoValueTechnical outlook: Bitcoin bears tighten grip amid persistent lossesBitcoin trades around $63,460, keeping a bearish near-term bias as it holds below a dense pack of moving averages. The 50-day Exponential Moving Average (EMA) at $64,971 is the first cap on the upside, with the Parabolic SAR at $66,956 and the 100-day EMA at $67,651 reinforcing the notion of overhead supply.
Momentum is soft, with the Relative Strength Index (RSI) hovering near a neutral 46 on the daily chart and the Moving Average Convergence Divergence (MACD) histogram in negative territory, which together suggest a lack of buying conviction after the recent pullback.
BTC/USDT daily chartOn the topside, immediate resistance is defined by the 50-day EMA at $64,971, followed by the Parabolic SAR level at $66,956 and the 100-day EMA at $67,651. A sustained break above these would be needed to challenge the longer-term bearish structure, where the 200-day EMA at $73,237 marks a more significant barrier. With no nearby technical supports on the daily chart, key psychological demand levels at $63,000 and $60,000 will come in handy and encourage bulls to reengage.
Altcoins technical outlook: Ethereum and XRP face renewed headwindsEthereum trades near $1,880, holding a constructive near-term bias as price sits above the short-term 50-day EMA at $1,841 and the latest Parabolic SAR signal at $1,856. This positioning suggests underlying dip-buying interest, even as broader trend gauges remain overhead.
Momentum is mixed, with the RSI near 54 indicating neutral-to-firm traction on the daily chart, while the MACD histogram has slipped marginally negative, hinting that bulls may face a slower grind higher rather than a clean breakout.
ETH/USDT daily chartInitial resistance lies at the 100-day EMA around $1,933, with a stronger barrier emerging at the 200-day EMA near $2,155, where medium-term sellers are likely to defend the broader downtrend. On the downside, immediate support is implied by the Parabolic SAR at $1,856, followed by the 50-day EMA at $1,841. A daily close below this latter level would weaken the current bullish bias and open the door to a deeper corrective phase.
XRP, on the other hand, trades at $1.05 at the time of writing. The pair is pressed into the lower Bollinger Band near $1.05 acting as a pivot while price remains decisively below the indicator's middle layer at $1.10 and all three major moving averages, the 50-day, 100-day and the 200-day EMAs.
Momentum adds a soft negative tone as the RSI at 39 drifts below the midline on the daily chart and the MACD histogram holds slightly in negative territory, suggesting downside pressure is still dominant despite XRP's proximity to the Bollinger Band support.
XRP/USDT daily chartImmediate focus stays on the lower Bollinger Band layer at $1.05, where a sustained break would likely open the door to further selling toward key psychological levels such as $1.00. On the topside, initial resistance is lies at the Bollinger Band middle layer around $1.10, followed by the 50-day EMA at $1.13 and the upper Bollinger Band layer near $1.14. Above these barriers, the 100-day EMA at $1.22 and the distant 200-day EMA at $1.42 mark broader recovery hurdles that the pair would need to reclaim to neutralize the present bearish backdrop.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Crypto ETF FAQs An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Singapore’s financial regulator wants banks to report their “cryptos,” but the instruction has nothing to do with disclosing Bitcoin, Ethereum or other digital-asset holdings.
TL;DR Banks must catalogue their cryptographic assets. “Cryptos” does not mean cryptocurrencies. Phased requirements arrive later in 2026. Vulnerable systems will migrate by priority. Crypto networks face similar security risks. In this case, “cryptos” refers to cryptographic assets: the encryption keys, digital certificates, signatures and algorithms protecting customer information, payment instructions and communication between financial institutions.
The Monetary Authority of Singapore will issue formal supervisory expectations later in 2026, according to Channel News Asia. Banks will receive progressive deadlines for identifying their cryptography, ranking vulnerable systems and preparing replacements that can resist future quantum attacks.
What Banks Will Need to Report MAS is not asking banks to publish their cryptocurrency portfolios. It wants each institution to maintain an internal inventory showing where cryptography is used across its operations.
That could include mobile banking systems, payment authorization, customer databases, internal communications, cloud platforms and services supplied by external technology companies.
Banks will also need to identify which systems rely on algorithms that powerful quantum computers may eventually be able to break. The most sensitive infrastructure can then be moved to the front of the migration queue.
MAS first outlined this approach in its advisory on quantum-related cybersecurity risks, which encouraged financial institutions to map their cryptographic solutions, assess vulnerable assets and review their ability to adopt new security standards.
The new supervisory expectations will turn that preparation into a more structured process with defined timelines.
The Most Exposed Systems Will Move First Not every system carries the same risk. Infrastructure used to authorize payments or protect long-lived customer records will require more urgent attention than information that loses its value quickly.
Banks must also account for encryption built into software, hardware and services operated by outside vendors. A financial institution may understand its own systems but still depend on a technology provider that cannot support newer algorithms.
MAS expects institutions to develop the expertise and governance needed to manage those dependencies. That means assigning responsibility, coordinating with suppliers and planning for older infrastructure that cannot be upgraded easily.
The regulator is aiming for Singapore’s financial institutions to become quantum-resilient before the end of the decade. MAS managing director Chia Der Jiun said experts estimate that quantum computers capable of breaking current encryption could emerge within five to 10 years, while a safe migration may itself take years.
Why Quantum Computers Threaten Encryption Modern banking security depends on mathematical problems that conventional computers cannot solve within a practical amount of time. These calculations protect encryption keys and digital signatures from unauthorized access.
A sufficiently powerful quantum computer could handle some of those problems far more efficiently, weakening widely used forms of public-key cryptography. Financial transactions, confidential communications and stored customer data could then become exposed.
That capability does not exist at the scale needed today. The concern is that banks cannot wait for the threat to become practical before finding and replacing cryptography spread across thousands of systems.
There is also a risk that attackers collect encrypted information now and attempt to unlock it years later. Data that must remain confidential for a long time may therefore require earlier protection.
Singapore’s Quantum-Safe Migration Handbook describes the transition as a multi-year process involving system discovery, risk assessment, testing and gradual deployment.
There Will Be No Single Quantum Upgrade Encryption is built into almost every layer of banking infrastructure, so replacing it through one large update would create its own operational and security risks.
The transition will instead happen in phases. Banks must test how post-quantum algorithms affect processing speed, system compatibility and connections with other financial institutions before using them in live services.
They will also need crypto-agility—the ability to replace algorithms and keys without rebuilding the systems around them. Institutions with rigid or outdated infrastructure may need to modernize those systems before adding quantum-resistant protection.
The first post-quantum standards finalized by NIST provide algorithms for encryption and digital signatures, but adopting them across complex financial networks will take considerably longer than publishing the standards themselves.
Why Crypto Networks Face the Same Problem The MAS requirements apply to financial institutions, but the underlying threat also matters to cryptocurrency networks. Blockchains depend on cryptographic signatures to prove ownership, authorize transactions and prevent funds from being moved without the correct private key.
Parts of the crypto sector are already exploring possible responses. Bitcoin developers have discussed a multi-year migration away from quantum-vulnerable wallet signatures, while a BNB Chain post-quantum test reportedly reduced cross-region throughput by about 40%, showing that stronger protection can create significant performance costs.
Banks and blockchains therefore face a similar trade-off. A new algorithm may offer stronger security, but it must still process transactions efficiently and work with existing wallets, applications and infrastructure.
Singapore Has Already Tested the Technology Singapore’s preparation has moved beyond policy guidance. MAS and the Banque de France completed a cross-border post-quantum cryptography experiment using quantum-resistant algorithms to sign and encrypt communications over conventional internet infrastructure.
The test showed that post-quantum protection can work across existing international communication channels. Wider deployment will still require banks to update certificates, key-exchange systems and technical standards shared with other institutions.
MAS is expected to publish its detailed supervisory expectations later in 2026. The progressive timelines will cover cryptographic inventories, migration priorities and the governance needed to oversee the transition.
For crypto readers, the headline may initially sound like Singapore is asking banks to disclose their digital-asset holdings. The real policy reaches further: the regulator is preparing the security behind digital finance for a threat that could eventually affect banks, payment networks and blockchains alike.
Quantum computers cannot break modern financial encryption at scale today. Singapore is acting now because replacing that security safely may take most of the decade.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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The crypto market has dropped 2.8% in the past 24 hours to $2.24 trillion, with major cryptocurrencies leading the decline. Bitcoin fell around 2.7% to $63,400, while Ethereum dropped more than 3.2% to $1,874.
It’s not just the crypto market. Stocks are also facing heavy selling. South Korea’s tech-heavy KOSPI index plunged 10%, while Nvidia shares dropped around 5%.
Here are the key reasons why the crypto and stock markets are falling today.
Surging Fed Rate Hike ExpectationsOne of the biggest reasons is the upcoming FOMC meeting. Traders are becoming more worried that the Federal Reserve could raise interest rates instead of keeping them unchanged.
On the CME Fed Watch tool, the odds of a 25-basis-point hike have climbed to around 37%, compared with roughly 10% a week ago.
Higher rates can hurt crypto and growth stocks because investors may prefer safer assets that offer better returns.
AI and Chip Stocks Add More PressureThe sell-off is also spreading through technology and semiconductor stocks. South Korea’s KOSPI plunged more than 10%, while major chipmakers such as Samsung and SK Hynix faced heavy selling. The weakness has raised fresh concerns about whether the global AI investment boom is moving too fast.
Investors have poured huge amounts of money into AI infrastructure, but the market is now questioning how quickly those investments will generate returns.
That pressure has also reached U.S. markets, with Nvidia falling around 5% and other AI-linked stocks coming under pressure.
As technology stocks fall, investors are becoming more cautious across the wider market.
CLARITY Act Delay Adds to Crypto UncertaintyCrypto has also faced a separate setback after the U.S. Senate postponed work on the CLARITY Act.
The bill is designed to create clearer rules for the digital asset market. Its delay has reduced hopes for quick regulatory progress and added another concern for institutional investors.
However, the CLARITY Act delay is only one part of the current sell-off. The bigger pressure is coming from Fed uncertainty and the broader decline in technology and risk assets.
What’s Next for Bitcoin and Crypto?The market is now waiting for the Fed’s decision, with investors watching closely for any signal about future interest rates.
A surprise hike or a strongly hawkish message could put more pressure on Bitcoin and high-risk stocks. On the other hand, a rate hold with a softer outlook could ease selling pressure and trigger a relief rally.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
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Although Bitcoin and altcoins started the new week well yesterday, they experienced a sharp decline in the last 24 hours due to selling pressure from Asian markets and growing fears about a Fed interest rate hike.
While Bitcoin and Ethereum are under pressure at this point, their prices remain above their 50-day moving averages. According to one analyst, this is seen as a sign of an uptrend, but the overall market and other altcoins don’t have the same chance.
Market analyst Omkar Godbole noted that while Bitcoin and Ethereum are trading above their 50-day simple moving averages, only 29 of the top 100 cryptocurrencies by market capitalization are trading above their 50-day averages. This suggests a general bearish trend for the market.
According to the analyst, the 50-day simple moving average (SMA) is widely followed as a short-term trend indicator. And when the price breaks above this level, it is considered a sign that bullish momentum is forming.
However, the analyst noted that while BTC has stabilized after falling below $58,000, overall investor sentiment towards altcoins remains weak. Nevertheless, according to the analyst, there is still hope for altcoins.
At this point, the analyst, referring to Ethereum, the largest altcoin, having recently outperformed Bitcoin, said that this increases the likelihood that other altcoins will also see strong demand soon.
Finally, the analyst noted that the market is closely watching the Fed’s interest rate decision, which will be announced in September.
Matthew Ryan, Head of Market Strategy at Ivery, commented on this, saying, “Since the possibility of a September interest rate hike is already priced into the futures market, a hawkish shock that would significantly strengthen the dollar is unlikely.” This also means that a sharp drop in BTC is unlikely, as BTC and the Dollar Index (DXY) are inversely proportional.
*This is not investment advice.
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Clear Creek Financial Management, a Wall Street investment advisory firm with over $1.5 billion in assets under management (AUM), has revealed its crypto ETF investments. It has products pegged to Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) in its latest filing of Form 13F with the U.S. Securities and Exchange Commission (SEC).
Wall Street Firm Discloses Bitcoin, ETH, XRP, SOL Holdings The filing reflects the firm’s biggest crypto investment as the Bitwise Bitcoin ETF. It holds 304,155 shares, which valued at $9.69 million at the close of the reporting period. Clear Creek also held shares in the iShares Bitcoin Trust ETF, holding $477,412 worth of the fund, and the Grayscale Bitcoin Trust ETF, which has $248,539 worth of holdings.
Ethereum was also the second largest allocation of the firm’s crypto ETF. The filing revealed 337,162 shares of the Bitwise Ethereum ETF valued at $3.80 million. It also had 14,336 shares worth $170,455 of the iShares Ethereum Trust and 21,374 shares of the Grayscale Ethereum Staking ETF, valued at $321,251.
In addition to the two biggest cryptocurrencies, Clear Creek also had stakes in XRP and Solana ETFs. According to the filing, the firm held 11,621 shares of the Bitwise XRP ETF, which currently have a value of $135,501.
The investment manager stated he had 11,258 shares of the Bitwise Solana Staking ETF with a value of $112,693 in addition to 28,144 shares of the Grayscale Solana Staking ETF valued at $155,636 worth.
The filing comes as institutional interest in crypto ETFs expands. Moreover, the latest 13F filing reveals that Clear Creek Financial Management has a crypto strategy beyond Bitcoin and Ethereum as it is also holding XRP and Solana investment products.
If you’ve been scrolling past crypto headlines wondering what the CLARITY Act actually is, here’s the quick version, straight from Fundstrat’s Tom Lee.
What it actually does
Right now, crypto in the US doesn’t have one clear rulebook. The CLARITY Act would fix that by creating a single national body to oversee it, the CFTC. That matters more than it sounds like it should.
Here’s why. Big banks and asset managers want to build stablecoin systems and put real-world assets on the blockchain. But if every state gets to set its own crypto rules, companies get nervous fast. Nobody wants to build a nationwide product only to find out Texas and New York disagree on how it should work.
Who’s actually backing it
This isn’t a fringe crypto wishlist. Lee named Charles Schwab and Franklin Templeton as firms in favor, both big, mainstream financial names, not crypto startups.
The comparison that makes it click
Lee’s best explanation is that this is crypto’s “1934 moment.”
Back in 1934, the US created the SEC because investors were dealing with a patchwork of conflicting state rules and couldn’t function that way. Crypto is stuck in that exact same mess right now. One clear federal standard replaces fifty different ones.
He also pointed out something bigger happening underneath. Crypto is turning money into software. Loyalty points, reputation scores, all kinds of things can now function like currency. That’s exactly the kind of shift that needs one clear referee, not fifty.
The clock is ticking, and other countries aren’t waiting
Here’s the part that should actually worry people. Japan, Russia, and Europe are already passing similar rules. Lee thinks this is part of why crypto markets have been recovering, since the rest of the world is embracing it while the US risks falling behind.
Will it actually pass?
With only a few legislative days left before the midterms, Lee’s not fully confident. His read is that plenty of concessions have already been made to win over opponents, but some of them still want more before they’ll say yes. His honest take: “Anything could happen.”
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Morgan Stanley Brings Spot Ethereum and Solana Products to MarketMorgan Stanley Investment Management has officially launched two spot crypto exchange-traded products on NYSE Arca: the Ethereum Trust (MSSE) and the Solana Trust (MSOL). The two funds went live on July 28, providing investors with spot price exposure to $ETH and $SOL directly through an exchange-listed vehicle.
Both trusts offer exposure to the spot price of their underlying assets, alongside additional distributions from staking yields, and come to market with expense ratios of 14 basis points (0.14%). That fee represents the lowest disclosed rate in each respective market.
MSSE intends to stake between 50% and 80% of its underlying ETH, targeting a base network reward rate of around 1.7%, while MSOL plans to stake 100% of its SOL holdings, given Solana's higher network reward rate of approximately 3.4%. In both cases, 95% of those network rewards are distributed back to shareholders.
Building on Bitcoin Trust SuccessThe expansion into $ETH and $SOL follows the performance of the Morgan Stanley Bitcoin Trust (MSBT), which has maintained strong inflows even as many spot Bitcoin ETFs faced cooling demand and net outflows, adding $430.86 million in new assets since its April inception.
Each trust passively tracks the spot price of its respective asset using the CoinDesk benchmark rate settled at 4pm New York time, and does not use leverage, derivatives, or speculative trading techniques. The Bank of New York Mellon and Coinbase Custody serve as custodians for the Ethereum product. For the Solana Trust, staking is conducted through Figment, Galaxy Blockchain, and Coinbase Canada.
MSSE and MSOL are positioned to leverage Morgan Stanley's wealth advisor network and direct-to-consumer retail channel to drive fee-based inflows rather than relying solely on market sentiment. The launches mark a significant step in Wall Street's continued push into regulated digital asset products.
Sources:
ETF Trends: Morgan Stanley Launches New Spot Crypto ETFs
CoinPaprika: Morgan Stanley Targets ETH and SOL ETF Lead With 0.14% Fees
CryptoRank: Morgan Stanley Advances Ethereum and Solana ETF Plans With Updated SEC Filings
Morgan Stanley has launched new ETFs focused on Ethereum and Solana, offering the lowest fees in the market alongside staking rewards. These spot crypto ETFs hold ETH and SOL directly, differentiating them from futures-based alternatives. The introduction of staking capabilities allows the funds to earn network rewards, with 95% of these rewards returning to the funds, enhancing their appeal to investors. This development is seen as a significant step in the evolution of institutional crypto products, reflecting a broader trend toward yield-bearing investment options.
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In the context of prediction markets, this announcement appears to influence expectations around Ethereum’s future price. The market for Ethereum reaching $10,000 by the end of 2026 reflects slightly increased optimism, with odds showing a modest uptick. While current pricing suggests a low probability for Ethereum hitting this target, the launch of these ETFs could indicate growing institutional interest and potential upward pressure on Ethereum’s market value.
Key Takeaways Morgan Stanley’s launch of Ethereum and Solana ETFs appears to support increased institutional participation in crypto markets. The inclusion of staking rewards could enhance the attractiveness of these ETFs, potentially influencing Ethereum’s price trajectory. Market pricing suggests a slight increase in confidence regarding Ethereum’s prospects, though significant hurdles remain for reaching higher price targets. What to Watch Market participants will be observing the inflow levels into these new ETFs and their impact on Ethereum and Solana’s market dynamics. Attention will focus on whether these products stimulate broader institutional interest in cryptocurrencies, potentially driving price increases. Developments such as regulatory approvals for additional crypto ETFs, changes in staking participation rates, or shifts in market sentiment could further influence the outlook for Ethereum and Solana prices.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.5% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 13.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.7% — — View market → January 1 2027 3.1% — — View market → January 1 2027 3.8% — — View market → January 1 2027 9% — — View market → January 1 2027 44% — — View market → January 1 2027 9.5% — — View market → January 1 2027 3.6% — — View market → January 1 2027 43.5% — — View market → January 1 2027 21% — — View market → January 1 2027 20% — — View market → January 1 2027 84% — — View market →
Morgan Stanley’s Investment arm has launched its Ethereum and Solana ETFs as the Wall Street giant expands its crypto offerings. This follows approval from the NYSE Arca, with these ETH and SOL funds the first issued by a U.S. bank-affiliated asset manager.
Morgan Stanley Launches Solana and Ethereum ETFs In a press release, the asset manager announced the launch of its Ethereum and Solana ETFs. These funds will trade under the tickers MSSE and MSOL, respectively, and will track the Ethereum and Solana prices.
As CoinGape reported, Morgan Stanley received approval last week to list its ETH and SOL funds on the NYSE Arca. Both funds will offer staking to earn rewards on their holdings, while the asset manager will charge a management fee of 0.14%, which is notably one of the cheapest among the crypto ETF issuers.
The Ethereum and Solana ETFs launch follows the launch of the asset manager’s Bitcoin ETF earlier this year. The Bitcoin fund already boasts over $396 million in net assets, according to SoSoValue data.
It is also worth noting that the Morgan Stanley crypto ETFs are the first issued by a U.S. bank-affiliated asset manager. The Wall Street giant has on several occasions highlighted the growing demand for these crypto assets.
The launch of these funds also deepens the bank’s push into crypto. As CoinGape reported, Morgan Stanley’s E*TRADE recently completed the rollout of spot Bitcoin, Ethereum, and Solana trading to its customers. The bank has also applied for a crypto-focused national trust bank.
Crypto ETFs Continue To See Mixed Flows Crypto ETFs continue to see mixed flows amid Morgan Stanley’s launch of its Ethereum and Solana ETFs. Bitcoin ETFs are currently on a three-day streak of net outflows after 7 days of consecutive net inflows, according to SoSoValue data.
Meanwhile, the Ethereum ETFs have seen six days of net inflows out of the last eight trading days. Meanwhile, the Solana ETFs have recorded four days of net inflows over a similar period, with two days of zero flows during this period.
This comes amid the latest downtrend in the crypto market, with Bitcoin falling after a retest of the $65,000 psychological level. It also comes amid fading optimism that the Senate will pass the CLARITY Act before its August recess. As CoinGape reported, the Senate has put the CLARITY Act on hold in favor of other pending bills.
For more on institutional involvement in crypto, please check out our page on 8 Best Crypto Lending Platforms for Institutional Users
Zcash mainnet has activated the Ironwood upgrade, introducing a new privacy pool to enhance supply security.
According to official announcements, the Zcash Open Development Lab (ZODL) has activated the Ironwood (NU6.3) network upgrade at mainnet block height 3,428,143. The upgrade introduces a new privacy pool designed to enhance Zcash network security and enable independent verification of the integrity of its circulating supply. With Ironwood’s launch, the existing Orchard privacy pool will be restricted: funds transferred out of Orchard must go through a "gate mechanism" before entering Ironwood. Zcash states that Ironwood is an ecosystem-wide collaborative upgrade driven by the Orchard privacy pool security vulnerability discovered at the end of May this year. The vulnerability was patched via an emergency network upgrade; there is currently no evidence it was exploited, nor any indication that user funds or the total ZEC supply were compromised. Built on the revised Orchard protocol, Ironwood incorporates formal verification and independent security audits to further strengthen the protocol’s resilience against future supply integrity vulnerabilities. For users, existing funds in Orchard need to be migrated to the new Ironwood privacy pool. Wallets supporting Ironwood will provide migration paths, and ZODL users can complete the migration directly via the latest version of the app, with no need to create a new wallet or change addresses. Zcash notes that Ironwood’s launch will retain privacy features while delivering stronger verifiability and a long-term security foundation for the network.
8 minutes ago
A crypto whale transfers 5,000 ETH held for two years to Binance, posting an unrealized loss of $5.63 million.
According to Yu Jing Monitoring, a crypto whale accumulated 9,891 ETH via Binance in 2024 at an average price of roughly $3,011. After holding the position for two years, the whale opted to cut half of their position at a loss, transferring 5,000 ETH (worth around $9.42 million) to Binance an hour ago, with an unrealized loss of $5.63 million.
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Core Scientific increases its Bitcoin holdings by 301, bringing its total BTC holdings to 848.
AI data center service provider Core Scientific disclosed that it has recently added 301 Bitcoin to its holdings, bringing its total Bitcoin holdings to 848.
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US storage sector plummets, SanDisk drops over 16%
According to market data from BIT (bit.com), the U.S. stock storage sector has plummeted, with individual stocks recording the following declines: Seagate Technology (STX) down 13.34%; Western Digital (WDC) down 14.58%; SanDisk (SNDK) down 16.76%; Micron Technology (MU) down 11.83%; SK Hynix ADR down 9.37%.
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Dell Technologies plunged 13.5%
According to market data from BIT (bit.com), Dell Technologies (DELL.N) is on track to record its largest single-day drop since April 2025, currently down 13.5%.
8 minutes ago
AI voice startup Fish Audio closes $50 million seed round.
According to TechCrunch, Fish Audio announced Tuesday that it has closed a $50 million seed funding round. The round was led by Coreline Ventures and Capital Today, with participation from investors including 359 Capital, Parable, Play Time, Alphalist Partners, Bayhouse Ventures, Carya Venture Partners, and HF0. Fish Audio originated as a small project launched by Shijia Liao, a former NVIDIA researcher. Dissatisfied with the lack of high-performing synthetic speech technology in the market, Liao trained a speech generation model using a single GPU and open-sourced it. Today, the Fish Speech project repository has earned over 31,000 stars on GitHub, and is widely used by independent developers, game designers, and content creators. Over the past year, Fish Audio has rolled out 5 models: 4 speech generation models and 1 speech-to-text model. The company has open-sourced 3 of the speech generation models, while its latest S2.1 Pro model is currently only accessible via a paid API. Since its launch last year, the startup’s open-source and hosted model versions have attracted over 8 million users, with annual recurring revenue (ARR) hitting $21 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Since its launch, the HYPE spot ETF has outperformed Bitcoin, Ethereum, Solana, and XRP ETFs in terms of cumulative fund inflows by market capitalization.
The wave of spot ETFs, which began with the US SEC’s approval of spot Bitcoin ETFs in January 2024, is now continuing with the participation of many altcoins.
At this point, besides BTC, many altcoins such as Ethereum, XRP, and Solana have also received ETF approvals, and investor interest continues to grow.
At this point, the Hyperliquid (HYPE) ETF is attracting significant interest from investors.
Grayscale, a crypto asset management company, included noteworthy data in its latest analysis of the HYPE spot ETF.
According to the company’s assessment, the HYPE spot ETF has outperformed Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP spot ETFs in terms of cumulative fund inflows by market capitalization since its launch.
According to Grayscale’s analysis, the spot HYPE ETF stood out as the ETF product that attracted the fastest early-stage investor inflows. The firm noted that, based on the same timeframe, the HYPE ETF had the strongest start compared to its competitors.
Grayscale, which also examined other ETFs, noted that spot Bitcoin ETFs showed the most stable inflow trend, while ETH ETFs experienced a mid-period increase.
The analysis noted that Solana and XRP spot ETFs also saw strong investor interest and significant fund inflows in their initial phases.
However, Grayscale stated that, when compared to the same time period, the HYPE ETF had the strongest start ever. This, they said, indicates that investor demand for HYPE remains strong.
*This is not investment advice.
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Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.
Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.
Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.
Code exploits drove Ethereum incidents, while breaches of keys and signing infrastructure accounted for most Solana losses, according to the report.
Ethereum losses reflected the risks of high-value protocolsEthereum incurred the highest losses from incidents in H1 2026, with attackers primarily targeting vulnerabilities in applications built on the network.
Blockaid said code exploits dominated Ethereum incidents by count, with major losses also linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized exchange, was the only major Ethereum incident in the report classified as a user mistake.
Blockchain losses by network in the first half of 2026. Source: Blockaid.
Blockaid identified several common attack methods targeting Ethereum, including bugs in bridges and smart contracts, unauthorized access to privileged accounts and market manipulation techniques.
The report said Ethereum remains a major target because it hosts many of the crypto industry’s most valuable applications, including restaking platforms, stablecoins and decentralized exchanges.
Solana losses surged as attackers shifted focusSolana incurred nearly as much in losses as Ethereum during the first half of 2026, a sharp increase from the roughly $127 million in stolen funds the network recorded during 2025.
“2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the top chains by stolen-fund flow,” Blockaid CEO Ido Ben-Natan told Cointelegraph.
Blockchain losses by network in 2025. Source: Blockaid.
The change did not stem from a rise in smart contract exploits. Instead, compromised keys accounted for more than 98% of Solana’s losses, driven largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber groups.
Unlike Ethereum, where attackers primarily exploited vulnerabilities in protocol code, Solana incidents targeted signer infrastructure and organizational security, while a handful of code exploits involving Raydium and Volo accounted for the remaining losses.
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Crypto losses topped $1 billion in the first half of 2026 as the industry recorded its highest number of hacks in a six-month period, according to onchain security platform Blockaid.
Ethereum and Solana recorded the largest losses from incidents affecting their networks, with roughly $332 million and $326 million in stolen funds, respectively, Blockaid said in its H1 2026 security report published Tuesday.
Blockaid tracked 212 security incidents during the period, with the largest single exploit coming from KelpDAO at $292 million, while the platform verified 3.4 times as many high-threshold exploits in H1 2026 as across all of 2025.
Code exploits drove Ethereum incidents, while breaches of keys and signing infrastructure accounted for most Solana losses, according to the report.
Ethereum losses reflected the risks of high-value protocolsEthereum incurred the highest losses from incidents in H1 2026, with attackers primarily targeting vulnerabilities in applications built on the network.
Blockaid said code exploits dominated Ethereum incidents by count, with major losses also linked to key compromises involving Humanity Protocol and StablR. CoWSwap, an Ethereum-based decentralized exchange, was the only major Ethereum incident in the report classified as a user mistake.
Blockchain losses by network in the first half of 2026. Source: Blockaid.
Blockaid identified several common attack methods targeting Ethereum, including bugs in bridges and smart contracts, unauthorized access to privileged accounts and market manipulation techniques.
The report said Ethereum remains a major target because it hosts many of the crypto industry’s most valuable applications, including restaking platforms, stablecoins and decentralized exchanges.
Solana losses surged as attackers shifted focusSolana incurred nearly as much in losses as Ethereum during the first half of 2026, a sharp increase from the roughly $127 million in stolen funds the network recorded during 2025.
“2025 had $2.58 billion lost across 63 incidents, concentrated in Q1 by Bybit’s $1.5 billion, with Ethereum and Arbitrum the top chains by stolen-fund flow,” Blockaid CEO Ido Ben-Natan told Cointelegraph.
Blockchain losses by network in 2025. Source: Blockaid.
The change did not stem from a rise in smart contract exploits. Instead, compromised keys accounted for more than 98% of Solana’s losses, driven largely by incidents involving Drift Protocol and Step Finance, which Blockaid linked to North Korea-linked cyber groups.
Unlike Ethereum, where attackers primarily exploited vulnerabilities in protocol code, Solana incidents targeted signer infrastructure and organizational security, while a handful of code exploits involving Raydium and Volo accounted for the remaining losses.
Magazine: A quantum roadmap would push Bitcoin much higher: Charles Edwards
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
The Ethereum, Solana and Avalanche networks have never been more active with increasing transactions and plummeting costs. Yet, their tokens are collapsing. A troubling divergence that raises questions… is adoption enough to save prices?
In brief Transactions and efficiency explode on Ethereum, Solana and Avalanche, with costs divided by 3 to 10. Despite their growth, ETH, SOL and AVAX lose more than 50% of their value in one year. Token inflation, dilution of staking rewards and Layer 2 competition weigh on their prices. Crypto: Ethereum, Solana and Avalanche Break Records! In 2026, the blockchains Ethereum, Solana and Avalanche are running at full capacity and the numbers speak for themselves. Ethereum saw its transactions leap 68% in one year, rising from 121.1 million to 203.9 million in the second quarter of 2026. Solana and Avalanche follow the same trend, with transaction volumes doubling, even multiplying by ten, depending on the periods. Moreover, transaction fees have collapsed. On Solana, the average cost dropped to $0.005, compared to $0.030 a year earlier. Ethereum cut its fees by three, going from $1.08 to $0.31.
This performance is explained by major protocol improvements:
On Ethereum, the Dencun upgrade reduced Layer 2 costs by optimizing data storage; Solana benefited from Firedancer, a high-performance client that boosted its transaction processing capacity; Avalanche has, for its part, bet on subnets to scale its ecosystem. However, these technical advances have a hidden cost: validator revenues are collapsing. Indeed, with falling fees, rewards in native tokens (ETH, SOL, AVAX) melt away like snow in the sun. As a result, validators earn less, and crypto investors are questioning.
Why ETH, SOL and AVAX Collapse Despite Their Performances? Here lies the heart of the problem. Record activity does not translate into price increases. On the contrary, Ethereum (ETH) has lost over 50% of its value since July 2025, while Solana (SOL) and Avalanche (AVAX) have dropped 53% and 58% respectively. This dichotomy is explained by several factors:
Token Inflation: Staking rewards are mostly funded by the issuance of new tokens (93% for Ethereum, over 90% for Solana). As a result, a massive dilution of the value of existing tokens, especially if demand does not keep up.
The Law of Supply and Demand: This law works against these blockchains. Indeed, with an increasing supply of blockspace and stagnant demand, prices collapse. As Kam Benbrik, head of on-chain research at Bitwise, summarizes:
Networks are operating at full capacity… but no one wants to pay for the fuel.
Staking Becomes a Double-Edged Trap: With 40.2 million ETH (one-third of the total supply) currently staked, rewards are shared among an increasing number of participants, reducing individual returns. Bitmine, the largest Ethereum holder, stakes 4.9 million of the 5.8 million ETH it owns, illustrating this trend well.
Competition from Layer 2: Indeed, competition from Layer 2s like Arbitrum, Optimism or Base (Coinbase) captures an increasing share of transactions, depriving Layer 1s of potential revenue.
In the crypto ecosystem, record activity is no longer enough. Without strong demand, ethereum, solana and avalanche tokens are collapsing. In your opinion, should you bet on long-term adoption or fear a lasting crash? Do you think this divergence between adoption and price is a buying opportunity… or a sign of a structurally troubled market?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
As prices in Bitcoin and altcoins continue to fluctuate, this has also been reflected in spot ETFs.
At this point, there was an outflow from spot Bitcoin ETFs, while Ethereum ETFs experienced a net inflow.
According to Farside Investors data, US spot Bitcoin ETFs recorded a net outflow of approximately $11.6 million yesterday, July 27.
This marks the third consecutive day of outflows from BTC ETFs, although the rate of outflows has begun to slow.
BlackRock’s IBIT fund led the way in Bitcoin ETF outflows with $8.8 million, followed by Fidelity’s FBTC fund with $2.8 million.
While no outflows were recorded except for two funds, Bitwise’s BITB; Ark Invest’s ARKB; Grayscale’s GBTC; Grayscale’s Mini BTC; Morgan Stanley’s MSBT; Wisdom Tree’s BTCW; VanEck’s HODL; Invesco’s BTCO; Franklin Templeton’s EZBC; and Valkyre’s BRRR fund recorded 0 flows.
Ethereum and Altcoins Are in a Mixed State! In contrast, Ethereum ETFs experienced inflows. According to Farside Investors data, US spot Ethereum ETFs recorded net inflows of approximately $11.7 million on July 27th. This signifies a reversal of the net outflows.
In ETH ETFs, BlackRock’s ETHA fund was the only fund to experience inflows, recording $11.7 million.
In contrast, Fidelity’s FETH; Grayscale’s Mini Ethereum (ETH); BlackRock’s ETHB; Bitwise’s ETHW; 21Shares’ TETH; VanEck’s ETHV; Invesco’s QETH; and Franklin Templeton’s EZET fund all recorded 0 flows.
Lastly, spot Solana ETFs recorded a net inflow of $1 million, while HYPE saw an outflow of $2.9 million, and XRP ETFs experienced neither inflow nor outflow.
*This is not investment advice.
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According to The Wall Street Journal, Morgan Stanley Investment Management today announced the launch of two new Exchange-Traded Products (ETPs): the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). Each product is designed to track the performance of ETH and SOL, the native digital assets of the Ethereum and Solana blockchains respectively. The launch of MSSE and MSOL marks Morgan Stanley’s further expansion of its crypto asset investment product portfolio, providing institutional and individual investors with additional avenues to participate in the digital asset market via traditional financial channels.
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Hayes Deepens ETH Position With Latest PurchaseBitMEX co-founder Arthur Hayes has acquired another 3,298 $ETH, valued at approximately $6.32 million, according to on-chain analytics platform EmberCN. The transaction brings his total Ethereum accumulation to roughly 7,212.6 $ETH, representing around $13.82 million invested since mid-July.
Funds for the latest purchase were withdrawn from prime brokers FalconX and Galaxy Digital before the trade was executed, a routing pattern consistent with his earlier buys. Hayes first re-entered Ethereum on July 15, acquiring more than 1,900 $ETH worth about $3.7 million, with his opening purchase of 646 $ETH executed through an OTC trade with Galaxy Digital.
The July buying streak follows Hayes selling 6,000 $ETH at a roughly $606,000 loss in June. The reversal in positioning has drawn close attention from market watchers tracking large on-chain flows.
A Pattern of Bold, High-Profile TradesHayes has built a reputation for making bold, high-profile calls on tokens, only to exit or reverse several of them shortly after, drawing scrutiny over his pattern of buying loud and selling quiet. His latest accumulation run is no exception, with each transaction logged publicly on the blockchain and flagged by multiple analytics providers.
Spot Ethereum exchange-traded funds have added to the broader bullish narrative, attracting $104 million in net capital during the July 20 to 24 period, extending a positive inflow streak to three consecutive weeks, according to Wu Blockchain.
Hayes currently serves as Chief Investment Officer of Maelstrom, his family office focused on digital assets and DeFi. After receiving a full presidential pardon from Donald Trump in March 2025, Hayes re-emerged in that role, focusing on dollar liquidity dynamics and the long-term institutionalization of the crypto economy.
With his latest purchase, Hayes has now committed over $13 million to $ETH in under two weeks, cementing his position as one of the most closely watched individual accumulators in the current cycle.
Sources:
Bitcoin Foundation: Arthur Hayes Buys $3.7M Ethereum After June Loss
BeInCrypto: Arthur Hayes Buys Back Into Ethereum Weeks After Selling 6,000 ETH at a Loss
Blockonomi: Ethereum Price Eyes Major Breakout After Arthur Hayes $2.5M Purchase
BitMEX’in kurucu ortağı Arthur Hayes, Ethereum (ETH) fiyatındaki geri çekilmeye rağmen alımlarını sürdürdü. Hayes, son işleminde 3.298 ETH satın almak için yaklaşık 6,39 milyon dolar harcadı. Ancak bu alımdan yalnızca birkaç saat sonra Ethereum yaklaşık yüzde 5 değer kaybetti.
Ethereum’daki geri çekilme yalnızca Hayes’in pozisyonuyla sınırlı değildi. Kripto para piyasası genelinde görülen satış baskısı, yatırımcıların bu hafta sona erecek ABD Merkez Bankası (Fed) toplantısı öncesinde temkinli hareket etmesine neden oldu.
Hayes’in Ethereum yatırımı zarara geçti On-chain verilere göre Hayes, 15 Temmuz’dan bu yana tezgâh üstü (OTC) işlemlerle toplam 7.213 ETH satın aldı. Yaklaşık 13,87 milyon dolarlık bu alımların ortalama maliyeti 1.923 dolar olarak hesaplandı.
Ethereum’un 1.960 dolardan 1.872 dolara gerilemesiyle birlikte Hayes’in mevcut pozisyonunda gerçekleşmemiş zararı yaklaşık 368 bin dolara ulaştı.
Hayes’in son alımları Galaxy Digital, FalconX ve Cumberland üzerinden gerçekleştirilen OTC işlemleriyle dikkat çekti.
Ethereum’da ikinci kez pozisyon oluşturuyor Hayes, haziran ayının sonunda Ethereum pozisyonunu yaklaşık 606 bin dolar zararla kapatmıştı. Ardından ETH’nin 1.750 doların üzerine toparlanmasıyla birlikte 15 Temmuz’dan itibaren yeniden alım yapmaya başladı.
Bu süreçte kurumsal yatırımcıların Ethereum’a yönelik ilgisinin artması da dikkat çekiyor. Fundstrat Araştırma Başkanı Tom Lee, BlackRock’ın tokenize fonu ve Robinhood’un Ethereum tabanlı girişimlerini örnek göstererek kurumsal benimsenmenin güçlendiğini savunuyor.
Gözler Fed toplantısında Ethereum’daki son düşüş, kripto para piyasasındaki genel satış dalgasıyla aynı döneme denk geldi. Yatırımcılar bu hafta tamamlanacak ABD Merkez Bankası (Fed) toplantısından çıkacak faiz mesajlarını yakından takip ediyor.
Ethereum’un yeniden 1.900 dolar seviyesinin üzerine çıkıp çıkamayacağı, kısa vadeli fiyat görünümü açısından kritik önem taşıyor.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
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Ethereum odaklı hazine şirketi BitMine, ETH birikim stratejisini hız kesmeden sürdürüyor. Şirket, geçtiğimiz hafta portföyüne 9.946 Ethereum (ETH) daha eklerken, aynı zamanda milyonlarca adet hissesini geri satın aldı. Açıklamanın ardından BitMine’ın BMNR hisseleri yüzde 5’in üzerinde değer kazanırken, şirketin toplam Ethereum varlıkları dolaşımdaki arzın yaklaşık %4,8’ine ulaştı.
BitMine Portföyüne 9.946 Ethereum Daha Ekledi BitMine tarafından yayımlanan açıklamaya göre şirket, geçtiğimiz hafta 9.946 ETH satın alarak yıl başından bu yana sürdürdüğü haftalık Ethereum alımlarına bir yenisini ekledi. Son alımla birlikte şirketin elindeki toplam Ethereum miktarı 5.787.414 ETH’ye yükseldi. Bu rakam, dolaşımdaki toplam Ethereum arzının yaklaşık %4,8’ine karşılık geliyor. BitMine ayrıca 4.917.189 ETH’yi stake ederek yaklaşık 9,6 milyar dolarlık stake edilmiş varlığa ulaştı. Şirketin stake edilen Ethereum varlıkları, toplam portföyünün yaklaşık %85’ini oluşturuyor.
İlginizi Çekebilir: Solana’da Yükseliş Umudu: Analistler Kritik Desteğe Dikkat Çekti!
BitMine yalnızca Ethereum alımlarını değil, hisse geri alım programını da sürdürüyor. Şirket geçen hafta 6,1 milyon adet BMNR hissesini geri satın alırken, bu rakam önceki haftadaki 5,5 milyon hisselik geri alımın üzerine çıktı. BitMine Yönetim Kurulu Başkanı Tom Lee, ETH/BTC oranındaki yükselişi kripto piyasasının güçlendiğine dair önemli bir sinyal olarak değerlendirdiklerini belirtti. Lee, bu nedenle hisse geri alımlarını artırdıklarını ifade ederken, şirketin 4 milyar dolarlık geri alım programı kapsamında bugüne kadar toplam 11,6 milyon hisse satın aldığını açıkladı.
BMNR Hisseleri Yükseliyor Şirketin son açıklamalarının ardından BMNR hissesi ön piyasa işlemlerinde yüzde 5’in üzerinde yükselerek yaklaşık 16 dolar seviyesine çıktı. Bu yükseliş, Ethereum fiyatının yeniden 1.900 dolar seviyesinin üzerine çıkmasıyla aynı döneme denk geldi. BitMine’ın bilançosunun büyük bölümünün Ethereum varlıklarından oluşması nedeniyle BMNR hisseleri de çoğu zaman ETH fiyatındaki hareketleri yakından takip ediyor. Bu nedenle Ethereum’daki güçlü performans, şirket hisselerine yönelik yatırımcı ilgisini de artırabiliyor.
Tom Lee ayrıca Ethereum’un son dönemde 10 haftanın en yüksek seviyelerine ulaştığını belirterek, teknik görünümde 2.000 ve 2.500 dolar seviyelerinin önemli hedefler olarak öne çıktığını ifade etti. Lee’ye göre DeMark Analytics’in teknik analizleri de bu yükseliş senaryosunu destekliyor. Ethereum’da yükseliş trendinin korunması halinde hem şirketin varlık değerinin hem de BMNR hisselerinin performansının olumlu etkilenebileceği değerlendiriliyor.
Değerlendirme BitMine’ın hem Ethereum alımlarını hem de hisse geri alım programını sürdürmesi, şirketin uzun vadeli büyüme stratejisine olan güvenini ortaya koyuyor. Toplam ETH arzının yaklaşık %4,8’ini elinde bulunduran şirket, Ethereum ekosistemindeki en büyük kurumsal yatırımcılardan biri olmayı sürdürüyor. Ethereum fiyatındaki yükselişin devam etmesi halinde hem BitMine’ın bilançosu hem de BMNR hisselerinin performansı yatırımcılar tarafından yakından takip edilmeye devam edecek.
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