New SOL ETFs continue attracting capital as investor interest holds strong The latest Solana exchange-traded fund from 21Shares has made a strong entrance into the U.S. market, launching with over $100 million in assets under management at a time when broader crypto markets are under intense pressure. The debut highlights continued institutional interest in Solana even as prices slide. Fresh capital flows into Solana products The new ETF, trading under the ticker TSOL, marks the fifth U.S. exchange-traded product offering direct exposure to SOL. The fund holds spot Solana and will stake its tokens to support the network and earn…
Author: Blockto Team
The Tokyo-listed firm plans a large preferred equity issuance and financing overhaul as its Bitcoin position sits more than 15% underwater. Metaplanet is preparing a fresh capital injection to continue scaling its Bitcoin-centric treasury strategy, announcing plans to raise $135 million through newly issued Class B perpetual preferred shares. The move comes as the company undergoes a significant restructuring of its financing instruments and doubles down on long-term Bitcoin accumulation despite steep unrealized losses. Metaplanet’s $135M Class B Share Issuance According to filings with the Tokyo Stock Exchange, Metaplanet intends to issue 23.6 million Class B shares priced at 900…
US court hands four- and five-year prison terms, highlighting regulatory risks for non-custodial crypto mixers. The co-founders of privacy-focused Samourai Wallet have been sentenced to four and five years in prison for operating an unlicensed money-transmitting business. The case underscores the Department of Justice’s (DOJ) evolving stance on crypto mixers, raising important questions about privacy, decentralization, and compliance in the digital-asset space. Money Transmitter Theory in Practice Keonne Rodriguez and William Lonergan Hill were convicted of conspiring to operate an unlicensed money-transmitting business and facilitating transactions involving criminal proceeds. Prosecutors argued that Samourai’s Whirlpool CoinJoin service helped conceal illicit fund…
Wage Growth Slows as Employers Add More Jobs Than Expected The latest U.S. labor market report delivered conflicting signals, reflecting an economy that remains resilient but continues to grapple with cooling wage pressures and a slight rise in unemployment. Released early Friday, the data showed that Average Hourly Earnings grew just 0.2%, falling below the 0.3% forecast and marking a slowdown from the previous month’s 0.3% reading. In contrast, hiring surprised to the upside. Non-Farm Employment Change surged to 119,000, more than double market expectations of 55,000 and sharply higher than the previous 22,000 increase. Economists say this divergence between…
Cayman ruling raises concerns over confidentiality, exclusivity, and lender protection in the crypto lending sector A new legal dispute in the digital asset market has placed the spotlight on confidentiality, product exclusivity, and lender security. The Core Foundation has secured an injunction from the Grand Court of the Cayman Islands preventing Maple Finance from rolling out a competing bitcoin yield product, a move that could influence how future crypto partnerships are structured. Legal Battle Over Bitcoin Yield Innovations The court granted the temporary injunction after Core argued that Maple Finance used confidential information acquired during their early-2025 partnership to build…
U.S. bitcoin ETFs return to positive flows following a five-day outflow streak, while altcoin ETFs show mixed performance. U.S. spot Bitcoin ETFs returned to net inflows on Wednesday, breaking a five-day streak of outflows that had seen $2.26 billion exit the funds. The recovery in flows coincided with a modest rebound in bitcoin prices, which climbed above $92,000, signaling renewed investor interest after a period of market uncertainty. Bitcoin ETF Flows Rebound Data from SoSoValue shows that the total net inflows across bitcoin ETFs reached $75.47 million, with BlackRock’s IBIT fund attracting $60.61 million, following a record $523 million outflow…
New research warns that falling mNAV ratios and competition from low-cost staked Ether ETFs could threaten the long-term viability of corporate crypto-treasury firms. BitMine Immersion Technologies, one of the largest corporate holders of Ether, is under mounting pressure as its unrealized losses grow and its valuation metrics weaken. A new analysis from 10x Research reveals that BitMine is sitting on a $3.7 billion paper loss as its average purchase price remains far above current market levels. Analysts warn that the business model behind digital-asset treasury companies (DATs) is becoming increasingly strained — especially as major financial firms roll out cheaper,…
Mature retail market favors regulated platforms, long-term holding and disciplined allocation strategies A new survey of Singapore’s retail investment landscape suggests that the country’s crypto market is transitioning into a more mature phase, where credibility and regulatory safeguards matter more than chasing the lowest trading fees. The findings highlight a shift in preferences among financially literate retail participants who increasingly value security, governance and long-term positioning. Rising Crypto Adoption With a Focus on Safety According to the survey of more than 3,500 retail investors, 61% of financially knowledgeable Singaporeans now hold some form of digital asset, underscoring how embedded crypto…
Monthly third-party verifications aim to strengthen trust and raise industry transparency standards In a move designed to reinforce user confidence and establish stronger transparency practices, global crypto exchange MEXC has entered a deeper collaboration with cybersecurity firm Hacken to conduct fully independent, monthly proof-of-reserves (PoR) audits. The initiative reflects a broader industry shift toward verifiable, tamper-resistant reserve reporting after years of scrutiny surrounding centralized exchanges. Independent Proof-of-Reserves Framework Under the new arrangement, Hacken will release reserve audits on a monthly basis without requiring approval or edits from MEXC. These reports will match the exchange’s on-chain reserves against user liabilities across…
Fed policy uncertainty deepens while crypto markets enter “extreme fear” territory The probability of a Federal Reserve rate cut in December has fallen sharply to 33%, mirroring the steep deterioration in global risk sentiment as Bitcoin sinks below $89,000. The shift marks a dramatic reversal from early November, when traders were pricing in a 67% chance of a cut. Markets rethink the Fed path Fresh data from major derivatives and prediction markets shows investors rapidly pulling back expectations for near-term easing. The decline comes as inflation concerns persist and crypto assets extend their multi-week slide. Analysts say the sudden drop…