Bitwise launched the Bitwise Solana Staking ETF (BSOL), the first U.S. exchange-traded fund offering direct Solana exposure with staking rewards. The fund accumulated approximately $222.8 million in assets within its initial trading days, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas. BSOL provides investors access to Solana's staking yield, which averages above 7%, following SEC regulatory clarity on proof-of-stake mechanisms.

The Australian Securities and Investments Commission has issued guidance bringing stablecoins, wrapped tokens, tokenized securities, and digital wallets under existing financial product regulations. Service providers must obtain a financial services license by June 30, 2026, under a temporary no-action relief program. The move follows industry consultation and builds on national efforts to strengthen crypto market oversight.

Bitcoin eliminated approximately $240 million in liquidations following volatile price movement between $111,000 and $117,000. The sharp fluctuation cleared overleveraged long and short positions, reducing open interest. The asset now trades between $113,000 and $114,000, with technical indicators showing neutral momentum as the market resets from derivative-driven volatility.

BitMine Immersion purchased approximately 27,316 ETH valued at $113 million from digital asset custodian BitGo, data show. The acquisition increases BitMine's Ethereum holdings to roughly 3.3 million ETH, worth over $13 billion at current prices. The company targets ownership of 5% of all circulating Ethereum, equivalent to 6.04 million ETH.

The Bitwise Solana Staking ETF (BSOL) launched on October 28, 2025, recording approximately $56 million in first-day trading volume and attracting $222.8 million in assets. The debut marked the most active newly launched ETF of 2025, according to Bloomberg Intelligence analyst Eric Balchunas. The fund offers exposure to Solana with an estimated 7% annual yield from staking rewards.

Ethereum's Fusaka upgrade activated on the Hoodi testnet on October 29, 2025, at 18:53 UTC, completing the final testing phase before mainnet deployment on December 3. The upgrade will increase the block gas limit from 30 million to 150 million units and expand blob capacity through Peer Data Availability Sampling. Core developers confirmed the timeline during the ACDC #165 call, following earlier activations on Holesky and Sepolia testnets.

Bitcoin faces a decisive price corridor between $111,000 and $117,000, where concentrated supply clusters define current market dynamics, according to Glassnode data. The lower boundary represents accumulation during recent declines, while the upper level marks purchases near the all-time high. These zones create distinct support and resistance levels that may determine the next major directional move.

The U.S. Federal Reserve is widely expected to reduce rates by 25 basis points when the FOMC concludes its meeting today, with market data showing a 99.4% probability of the cut. Fed Chair Jerome Powell will hold a press conference at 2:30 PM ET, where investors will seek clarity on the pace of future easing and its implications for Bitcoin, Ethereum, and other risk assets.