Fidelity Solana ETF Filing Keeps Custody Questions At The Centre Of The SOL Fund Race
Fidelity filed for a Solana ETF while custody arrangements remain unresolved for SOL-based investment products. The ETF race has progressed to focus on operational mechanics including trust structure and creation-redemption processes rather than simply tracking which firms file applications.
Read full story →TradFi perps volume surges 117-fold to $387B in 18 months as crypto exchanges eat Wall Street’s lunch
Traditional finance perpetual futures volume on crypto exchanges increased 117-fold to $387 billion over 18 months. This growth reflects traders' migration toward decentralized exchanges offering round-the-clock trading of traditional assets.
Bitcoin miners sell 28,000 BTC worth $2B amid rising costs
Bitcoin miners sold 28,000 BTC valued at approximately $2 billion as operational costs increased. This selling activity reflects a broader strategic shift toward artificial intelligence and data center operations.
Tether Announces Audit by KPMG, Reports Positive Opinion from Auditor
KPMG US issued a positive audit opinion on Tether following a complete review of the company's financial reserves. This addresses long-standing questions about whether sufficient assets back the USDT stablecoin, the leading digital asset in the stablecoin sector.