Ethereum fell 10.9% to a five-month low of $2,650 before rebounding to $2,720. Large holders accumulated $241.84 million worth of ETH during the decline, according to data from CryptoQuant and Onchain Lens. Exchange reserves dropped to a 55-month low of 15.6 million tokens, valued at $42.9 billion.

NYSE Arca certified the listing of Grayscale's XRP Trust ETF and Dogecoin Trust ETF on Friday, with both products set to begin trading Monday. The approvals convert existing private placement vehicles into publicly traded ETF structures, expanding Grayscale's cryptocurrency investment product lineup.

A Uniswap holder inactive for 4.5 years sold 512,000 UNI tokens at approximately $7, crystallizing an $11.65 million loss on a position acquired at $29.8 in 2021. The sale occurred amid intensified selling pressure from large holders. UNI has declined to $6.5 following recent whale liquidations totaling 5.6 million tokens over three days.

The Bitwise spot XRP exchange-traded fund recorded $107 million in net inflows during its debut trading session, according to Bitwise CEO Hunter Horsley. The fund generated $25.7 million in trading volume and accumulated $107.6 million in total assets under management by the close of its first day.

XRP fell nearly 9% in 24 hours, slipping below $2 as Bitcoin's liquidity stress extended to major altcoins. On-chain data shows XRP realized losses reached $75 million daily, with only 58.5% of circulating supply remaining in profit. The coordinated selloff exposes structural fragilities in crypto market liquidity amid over $1 trillion in total value erased since late October.

Coinbase has agreed to acquire Vector.fun, a Solana-based trading platform developed by Tensor Labs, for an undisclosed sum. The deal, expected to close by year-end, represents Coinbase's ninth acquisition in 2025. Vector's technology will be integrated into Coinbase's decentralized exchange infrastructure to expand access to Solana ecosystem assets.

BlackRock registered the iShares Staked Ethereum Trust in Delaware on November 19, establishing a legal structure for a staking-enabled Ethereum ETF pending regulatory approval. The Delaware filing does not constitute a formal SEC application but positions the asset manager to offer yield-bearing ETH products. Current spot Ethereum ETFs operate without staking functionality, causing investors to forfeit approximately 3% in annualized network rewards.

Shiba Inu dropped to $0.0000071 on Friday, its lowest price since October 2023, marking four consecutive weeks of decline. The token's weekly chart shows its first-ever death cross, with the 50-week moving average crossing below the 200-week moving average, a technical pattern typically associated with weakening momentum.