Bitwise Asset Management launched a Dogecoin exchange-traded fund on November 26, 2025, trading under ticker BWOW on the New York Stock Exchange. The fund provides institutional access to Dogecoin, the seventh-largest cryptocurrency with approximately $22 billion in market capitalization and $1 billion in daily trading volume. The ETF carries a 0.34% management fee, waived for the first month on initial assets up to $500 million.

Coinbase Ventures outlined nine investment focus areas for 2026, including real-world asset perpetuals, unsecured lending protocols, and AI development tools. The announcement comes as third-quarter crypto venture funding reached $4.65 billion, marking a 290% increase from the previous quarter, according to Galaxy Digital.

Bitwise Asset Management has launched the BWOW Dogecoin ETF on NYSE Arca on November 26, 2025, following months of community requests for regulated DOGE exposure. As of November 25, 2025, Dogecoin holds a $22 billion market cap and daily trading volume exceeding $1 billion. The fund tracks Dogecoin price performance with Coinbase Custody Trust Company holding underlying assets.

Strategy Inc., formerly MicroStrategy, accumulated roughly 641,000 BTC through $21 billion in capital raises during 2025 but remains barred from S&P 500 inclusion due to earnings volatility. The firm's institutional ownership declined by $5.38 billion as dilution concerns and Bitcoin-linked profit swings deterred large investors. Strategy transferred approximately 58,000 BTC valued at $5.1 billion to Fidelity Digital Assets to diversify custody arrangements.

SoftBank has lost more than $100 billion in market capitalization since late October following its significant investment in OpenAI and the sale of its Nvidia holdings. The company's shares dropped approximately 40%, wiping out over ¥16 trillion in market value. SoftBank faces a $22.5 billion payment to OpenAI in December as part of its $32 billion commitment.

Latin America's largest crypto exchange, Bitso, will introduce a multi-platform perpetuals aggregator and its own token in 2026. The Mexico-based platform's retail user base expanded by over 12% in 2024 to reach 9 million customers, driven by surging stablecoin adoption across the region.

Bitcoin is trading near $87,000 following a 4% weekly decline, according to CoinGecko. Analysts have identified $85,000 as a critical support level and $88,000 as immediate resistance. A break above or below these thresholds could drive the price toward $93,000 or $75,000, respectively.

Coinbase Ventures has outlined eight priority investment sectors for 2026, focusing on real-world asset integration, AI-powered infrastructure, and next-generation DeFi protocols. The venture arm, which has deployed capital across 618 deals since 2018, expects the upcoming market phase to differ structurally from previous cycles.