usdt

USDC

steth

doge

wbtc

HYPE

wbeth

usds

link

USDE

avax

hbar

shib

pyusd

WLFI

USD1

near

aave

JITOSOL

ASTER

xaut

pepe

PUMP

ondo

BFUSD

paxg

atom

USDtb

TRUMP

algo

RETH

USDG

RLUSD

STRK

LBTC

RENDER

fdusd

dash

nexo

MORPHO

bonk

cake

PENGU

METH

virtual

aero

SOSO

DeFi

SoSoScholar

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="1b0685b2-c3ce-417b-a9ff-1f8a62a6910a"><div class="bn-block" data-node-type="blockContainer" data-id="1b0685b2-c3ce-417b-a9ff-1f8a62a6910a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"> Storing your digital assets safely.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="31496c91-e273-4104-b10c-006e1c4d45c5"><div class="bn-block" data-node-type="blockContainer" data-id="31496c91-e273-4104-b10c-006e1c4d45c5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

What is a Crypto Wallet?

Kripto Cüzdanı Nedir?

Weekly RSI this oversold has been a strong contrarian signal in prior cycles. If we see capitulation metrics this week (funding deeply negative, SOPR &lt; 1, spot ETF flows stabilizing), the probability of a reflex rally goes up. Watching US spot ETF flows today.
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🚨Bitcoin Weekly RSI is at the most OVERSOLD level since the bottom of the bear market 3 years ago!

🚨Bitcoin Haftalık RSI, 3 yıl önceki ayı piyasasının dibinden bu yana en AŞIRI SATIM seviyesinde!

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="0c82c916-7e84-4f8d-a164-fea77833b01f"><div class="bn-block" data-node-type="blockContainer" data-id="0c82c916-7e84-4f8d-a164-fea77833b01f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">K33, known for its research and reports on cryptocurrencies, stated that crypto investors have taken on a significant level of long positions in derivatives markets. However, because prices have not risen sharply, these positions now pose a major liquidation risk and could trigger an even sharper downturn.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="74cdd901-c175-41df-861c-a175d63a0f29"><div class="bn-block" data-node-type="blockContainer" data-id="74cdd901-c175-41df-861c-a175d63a0f29"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Bitcoin, which surged to $126,000 during the first week of October but fell to the $89,000 level this week after nearly a month, has seen a renewed increase in futures and leveraged trading.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="46c3a30c-bff8-4329-a1cc-348d60120339"><div class="bn-block" data-node-type="blockContainer" data-id="46c3a30c-bff8-4329-a1cc-348d60120339"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">In a report on the topic, K33 explained that the decline in Bitcoin’s price has led to a substantial rise in long positions — reaching 36,000 BTC in weekly open interest, a level not seen since April.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e896f49e-4a56-48c5-8758-bd39b618935f"><div class="bn-block" data-node-type="blockContainer" data-id="e896f49e-4a56-48c5-8758-bd39b618935f"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">“They Tried to Catch a Falling Knife”</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="650668dd-12ab-49d8-942d-acc5b690601b"><div class="bn-block" data-node-type="blockContainer" data-id="650668dd-12ab-49d8-942d-acc5b690601b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">K33’s research director Vetle Lunde wrote that funding rates have climbed sharply and that investors effectively tried to “catch a falling knife”:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3241d799-d1e9-49cc-85db-91f64bd05217"><div class="bn-block" data-node-type="blockContainer" data-id="3241d799-d1e9-49cc-85db-91f64bd05217"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">“Instead of taking a defensive stance, investors tried to catch a falling knife. The increasingly high funding rates indicate long positions taken with the hope that prices—now at six-month lows—would rebound. But that rebound never came. These leveraged positions have now turned into a liquidation burden. Any potential liquidations will also increase volatility.”</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="079a6f86-9f66-4c95-8bd3-de4514c98304"><div class="bn-block" data-node-type="blockContainer" data-id="079a6f86-9f66-4c95-8bd3-de4514c98304"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">“It Happened 7 Times, 6 Ended in a Drop”</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0f30febb-1e42-4ee6-87db-c3c305855fc5"><div class="bn-block" data-node-type="blockContainer" data-id="0f30febb-1e42-4ee6-87db-c3c305855fc5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Lunde noted that futures premiums on the Chicago Mercantile Exchange (CME), which hosts mostly institutional investors, have fallen to their lowest level of the year and added:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7ff4176d-937d-49ac-9422-d81c36624fed"><div class="bn-block" data-node-type="blockContainer" data-id="7ff4176d-937d-49ac-9422-d81c36624fed"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">“This shows that institutional investors want to stay away from risk. Historically, such divergences have typically resulted in declines. Statistically, this concerning pattern has occurred 7 times in the last five years—and 6 of those times were followed by a drop. The average 30-day decline was around 16%. While we initially expressed optimism during the early stages of the downturn, the current data suggests it is time to reduce risk.”</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="605afc09-de0a-42fb-8531-d936494f1e64"><div class="bn-block" data-node-type="blockContainer" data-id="605afc09-de0a-42fb-8531-d936494f1e64"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content">“86, 84, or Even 74 Thousand May Be Possible”</h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="927b21d8-dda1-48c7-8635-87b0e686a377"><div class="bn-block" data-node-type="blockContainer" data-id="927b21d8-dda1-48c7-8635-87b0e686a377"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">While emphasizing that rising institutional adoption keeps them positive over the long term, Lunde also noted that the market is currently experiencing one of the steepest declines since 2017:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="fabc387c-e464-4389-bd9a-b12c5b6df8df"><div class="bn-block" data-node-type="blockContainer" data-id="fabc387c-e464-4389-bd9a-b12c5b6df8df"><div class="bn-block-content" data-content-type="quote"><blockquote class="bn-inline-content">“Institutional adoption is increasing, and upcoming monetary policy will be supportive. Therefore, we expect more positive times ahead. However, the ongoing 43-day decline marks one of the steepest downturns since 2017. Even so, we do not expect a prolonged bear market like those in 2018 or 2022. The bottom may form at $86,000 or $84,000. In the worst-case scenario, we could revisit Strategy’s cost basis around $74,000.”</blockquote></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="40ba58eb-8e76-4618-a71a-ef64f985af85"><div class="bn-block" data-node-type="blockContainer" data-id="40ba58eb-8e76-4618-a71a-ef64f985af85"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

Daily Roast

K33 Warns the Crypto Market: “A Dangerous Situation Is Unfolding”

K33, Kripto Piyasasını Uyarıyor: "Tehlikeli Bir Durum Gelişiyor"

 1,000,000,000 $USDT JUST MINTED!
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🚨ALERT:

🚨UYARI:

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="aa078f63-c3cc-45f4-9e1a-b7aebfd9cbf5"><div class="bn-block" data-node-type="blockContainer" data-id="aa078f63-c3cc-45f4-9e1a-b7aebfd9cbf5"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">As one of the most influential blockchain platforms in the world, <strong>Ethereum (ETH)</strong> continues to shape the future of decentralized technology in 2025. After years of development, upgrades, and ecosystem expansion, Ethereum stands at the center of Web3 innovation, powering thousands of decentralized applications (dApps), financial protocols, and digital assets.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="116a64f6-acfe-450b-9bf3-8a8230d529a5"><div class="bn-block" data-node-type="blockContainer" data-id="116a64f6-acfe-450b-9bf3-8a8230d529a5"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>1. Market Performance in 2025</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="dab2cda1-4d6b-46f5-ba84-577c69121c2e"><div class="bn-block" data-node-type="blockContainer" data-id="dab2cda1-4d6b-46f5-ba84-577c69121c2e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">In 2025, Ethereum remains the second-largest cryptocurrency by market capitalization, supported by strong investor confidence and increasing real-world adoption. Its transition to a Proof-of-Stake (PoS) consensus mechanism has significantly improved energy efficiency, making ETH more appealing to institutional investors and environmentally conscious users.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="95d67ca5-5a11-4123-92c4-12c035f42818"><div class="bn-block" data-node-type="blockContainer" data-id="95d67ca5-5a11-4123-92c4-12c035f42818"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Market activity is influenced by:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bab7a361-7a98-4fc5-b554-3b5c26eff209"><div class="bn-block" data-node-type="blockContainer" data-id="bab7a361-7a98-4fc5-b554-3b5c26eff209"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Continued growth in decentralized finance (DeFi),</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="73bbe801-e5e4-4004-87e0-140b6322626c"><div class="bn-block" data-node-type="blockContainer" data-id="73bbe801-e5e4-4004-87e0-140b6322626c"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Expanding NFT ecosystems,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="be1c5be5-df27-4676-a2b1-93388f14f3a7"><div class="bn-block" data-node-type="blockContainer" data-id="be1c5be5-df27-4676-a2b1-93388f14f3a7"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Increased staking participation, which reduces circulating supply,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c9e00dbb-8822-46e1-9ef0-e91b209ac03a"><div class="bn-block" data-node-type="blockContainer" data-id="c9e00dbb-8822-46e1-9ef0-e91b209ac03a"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Institutional demand for Ethereum-based infrastructure.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f0db6c91-15bb-471f-a8a2-e19109a7c184"><div class="bn-block" data-node-type="blockContainer" data-id="f0db6c91-15bb-471f-a8a2-e19109a7c184"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">While volatility remains a characteristic of cryptocurrencies, ETH shows long-term upward momentum as the ecosystem grows.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ccaa5b0e-07c4-4093-ad98-25d2cb2d6c95"><div class="bn-block" data-node-type="blockContainer" data-id="ccaa5b0e-07c4-4093-ad98-25d2cb2d6c95"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>2. Ethereum Upgrades and Technological Progress</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d647b5dd-592b-4cab-84e9-b3ceecc0af6c"><div class="bn-block" data-node-type="blockContainer" data-id="d647b5dd-592b-4cab-84e9-b3ceecc0af6c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Ethereum’s technological evolution has accelerated leading into 2025:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d345a93e-8e43-4e8c-8c08-3430b30af895"><div class="bn-block" data-node-type="blockContainer" data-id="d345a93e-8e43-4e8c-8c08-3430b30af895"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>The Merge</strong> has fully shifted Ethereum to PoS, cutting energy consumption by over 99%.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="35213da2-6ef7-469a-bc49-51f524b2cc66"><div class="bn-block" data-node-type="blockContainer" data-id="35213da2-6ef7-469a-bc49-51f524b2cc66"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Danksharding and Proto-Danksharding (EIP-4844)</strong> enhance scalability, significantly reducing gas fees for rollups.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="00b0396d-c693-4c9a-97b7-f1956785112e"><div class="bn-block" data-node-type="blockContainer" data-id="00b0396d-c693-4c9a-97b7-f1956785112e"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Layer-2 solutions</strong> (Arbitrum, Optimism, zkSync, StarkNet) are widely adopted, enabling faster and cheaper transactions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7ef58a6e-bbce-4e79-974a-4535f8cc2d8c"><div class="bn-block" data-node-type="blockContainer" data-id="7ef58a6e-bbce-4e79-974a-4535f8cc2d8c"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Smart contract improvements</strong> increase security and efficiency for developers and users.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7d986ad5-b140-4390-9a0c-d7835bc96d3e"><div class="bn-block" data-node-type="blockContainer" data-id="7d986ad5-b140-4390-9a0c-d7835bc96d3e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">These upgrades strengthen Ethereum’s position as the most versatile and widely used smart contract platform.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="86f9b639-6626-444a-8d4e-c4b6c710bd59"><div class="bn-block" data-node-type="blockContainer" data-id="86f9b639-6626-444a-8d4e-c4b6c710bd59"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>3. Growth of DeFi and Web3 Ecosystems</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5984cfa8-e6f4-405d-a405-f411440eedab"><div class="bn-block" data-node-type="blockContainer" data-id="5984cfa8-e6f4-405d-a405-f411440eedab"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">By 2025, Ethereum remains the backbone of the DeFi ecosystem, hosting leading protocols for lending, staking, trading, and asset management. Billions of dollars in total value locked (TVL) signal ongoing trust from users and institutions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ebe66af9-164a-4ef3-97ae-8672ac63eb5b"><div class="bn-block" data-node-type="blockContainer" data-id="ebe66af9-164a-4ef3-97ae-8672ac63eb5b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The NFT and digital art markets remain active, evolving beyond collectibles into:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="00f12743-976c-4333-bb45-5b80d2027042"><div class="bn-block" data-node-type="blockContainer" data-id="00f12743-976c-4333-bb45-5b80d2027042"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Gaming assets,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="bf23147c-2e38-48a0-b421-7cf87b6bab2b"><div class="bn-block" data-node-type="blockContainer" data-id="bf23147c-2e38-48a0-b421-7cf87b6bab2b"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Ticketing systems,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d4c2a152-737b-432b-8866-cd83d3d926fd"><div class="bn-block" data-node-type="blockContainer" data-id="d4c2a152-737b-432b-8866-cd83d3d926fd"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Real-world asset tokenization,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f1d7b37d-d684-43dc-80e8-c06374c3ab89"><div class="bn-block" data-node-type="blockContainer" data-id="f1d7b37d-d684-43dc-80e8-c06374c3ab89"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Identity verification solutions.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="1b8f90bd-1db7-4afe-814b-132ffbb10c8a"><div class="bn-block" data-node-type="blockContainer" data-id="1b8f90bd-1db7-4afe-814b-132ffbb10c8a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Ethereum’s robust infrastructure allows developers to build new Web3 experiences and expand decentralized autonomous organizations (DAOs).</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="c374535a-7a37-40b3-aaa5-6e5b8ab52aff"><div class="bn-block" data-node-type="blockContainer" data-id="c374535a-7a37-40b3-aaa5-6e5b8ab52aff"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>4. Institutional Adoption and Real-World Use Cases</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="cd33d6b9-7da9-4f9d-ab57-68801f76a306"><div class="bn-block" data-node-type="blockContainer" data-id="cd33d6b9-7da9-4f9d-ab57-68801f76a306"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">In 2025, Ethereum enjoys broader acceptance from traditional finance and global enterprises. Banks use Ethereum for tokenized securities, settlement networks, and programmable financial products. Governments and corporations explore Ethereum-based solutions for:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="01d1490a-d437-47b6-8534-4d2408075349"><div class="bn-block" data-node-type="blockContainer" data-id="01d1490a-d437-47b6-8534-4d2408075349"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Supply chain tracking,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ebf27714-7412-430f-9e81-44c6efd66397"><div class="bn-block" data-node-type="blockContainer" data-id="ebf27714-7412-430f-9e81-44c6efd66397"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Digital identity,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f6a7671f-e179-4119-a893-1394d68d5f86"><div class="bn-block" data-node-type="blockContainer" data-id="f6a7671f-e179-4119-a893-1394d68d5f86"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Tokenized real estate,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="439940b9-ba08-494b-a1b5-abf36bd5b1b5"><div class="bn-block" data-node-type="blockContainer" data-id="439940b9-ba08-494b-a1b5-abf36bd5b1b5"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Carbon credit markets.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b19779ad-c2e6-4508-a8e6-163e2f175bae"><div class="bn-block" data-node-type="blockContainer" data-id="b19779ad-c2e6-4508-a8e6-163e2f175bae"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Staking has also become a major economic activity, offering investors predictable yields while securing the network.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="05ec8b11-68d3-4508-b999-4e72e7919c25"><div class="bn-block" data-node-type="blockContainer" data-id="05ec8b11-68d3-4508-b999-4e72e7919c25"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>5. Regulatory Landscape</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b2f98df1-3579-4ae1-9e20-e6396bcf4b40"><div class="bn-block" data-node-type="blockContainer" data-id="b2f98df1-3579-4ae1-9e20-e6396bcf4b40"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">A clearer regulatory environment in 2025 provides stronger investor protection while enabling responsible innovation. Many countries recognize ETH as a commodity or digital asset, allowing for increased institutional involvement.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="16172359-6098-4b5e-a23a-0c66880aa732"><div class="bn-block" data-node-type="blockContainer" data-id="16172359-6098-4b5e-a23a-0c66880aa732"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Compliance frameworks for DeFi protocols and centralized exchanges improve transparency and reduce risks, though privacy remains a subject of debate.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="07119fea-f1cb-4de7-8377-fdf749fe10f9"><div class="bn-block" data-node-type="blockContainer" data-id="07119fea-f1cb-4de7-8377-fdf749fe10f9"><div class="bn-block-content" data-content-type="heading"><h3 class="bn-inline-content"><strong>6. Future Outlook</strong></h3></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7f0fa8fe-f373-448d-bfdd-b31731bc3293"><div class="bn-block" data-node-type="blockContainer" data-id="7f0fa8fe-f373-448d-bfdd-b31731bc3293"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Ethereum’s outlook in 2025 remains extremely promising. Key growth drivers include:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4b0a32f3-d26e-43de-8032-f4aaa9c8262f"><div class="bn-block" data-node-type="blockContainer" data-id="4b0a32f3-d26e-43de-8032-f4aaa9c8262f"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Continued technological upgrades that reduce fees and increase speed,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ba21b754-9245-440a-9523-3b7b29ba8c0c"><div class="bn-block" data-node-type="blockContainer" data-id="ba21b754-9245-440a-9523-3b7b29ba8c0c"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Rising adoption of Layer-2 networks,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="41bec1e7-d6bb-4db2-bfbb-075e09b1885f"><div class="bn-block" data-node-type="blockContainer" data-id="41bec1e7-d6bb-4db2-bfbb-075e09b1885f"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Expansion of tokenized real-world assets,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5f74ff74-3a74-4024-b4d3-e1d8c0a25071"><div class="bn-block" data-node-type="blockContainer" data-id="5f74ff74-3a74-4024-b4d3-e1d8c0a25071"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Growing enterprise and government use,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="3a041023-a496-494d-8905-b5c961c26b21"><div class="bn-block" data-node-type="blockContainer" data-id="3a041023-a496-494d-8905-b5c961c26b21"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">The maturation of DeFi and Web3 applications.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="61271406-810e-455a-8feb-32cd99df292f"><div class="bn-block" data-node-type="blockContainer" data-id="61271406-810e-455a-8feb-32cd99df292f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">With unmatched developer activity and a vibrant global community, Ethereum is positioned to remain a leading force in the blockchain industry for years to come.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="80ee5ed0-043f-4f2d-b560-c76e26d950fc"><div class="bn-block" data-node-type="blockContainer" data-id="80ee5ed0-043f-4f2d-b560-c76e26d950fc"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

Ethereum (ETH) in 2025

2025&#39;te Ethereum (ETH)

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="a7ddc440-fb48-42ab-b4bf-ab4eaad2271b"><div class="bn-block" data-node-type="blockContainer" data-id="a7ddc440-fb48-42ab-b4bf-ab4eaad2271b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"> The decentralized web is closer than we think.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b50006b5-eca9-4a7b-8886-4342c498c150"><div class="bn-block" data-node-type="blockContainer" data-id="b50006b5-eca9-4a7b-8886-4342c498c150"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

The Rise of Web3

Web3&#39;ün Yükselişi

Michael Saylor's Strategy (formerly MicroStrategy) could see billions of dollars leave its stock if MSCI removes it from major equity indices, according to JPMorgan analysts.

The analysts, led by Nikolaos Panigirtzoglou, noted in a Wednesday report that Strategy's share price has fallen more than bitcoin in recent months as its valuation premium - viewed by some investors as "unjustified" - has sharply compressed. But they noted the more recent slide likely reflects growing concern that the company may be dropped from key benchmark indices.
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JPMorgan says Strategy could face billions in outflows if MSCI and other major indices remove it

JPMorgan, MSCI ve diğer büyük endekslerin stratejiyi listeden çıkarması durumunda Stratejinin milyarlarca dolarlık çıkışla karşı karşıya kalabileceğini söylüyor.

Wlfif is a well known name in the memes community and with all these buybacks, ofc it will move. get it , tsctsc


Layer1

Bullish hyperliquid mainly due to buybacks

Boğa piyasası hyperliquid'i esas olarak geri alımlar nedeniyle.

Numerai's strategy is transparent, as it has an advanced prediction model...

this announcement resulted in a 50% surge, but the question you need to ask yourself is:
does this increase in price represent a strong investment opportunity? 
<br>consider that numerai has previously gained attention for its innovative approach and the potential it holds.


Change in price of NMR

NMR fiyatındaki değişim

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="5ddae1c8-23ec-4649-b836-b9ad1213ba3d"><div class="bn-block" data-node-type="blockContainer" data-id="5ddae1c8-23ec-4649-b836-b9ad1213ba3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The Japanese investment firm will issue new Class B perpetual preferred shares as part of a broader corporate restructuring. Proceeds from the offering will be allocated toward expanding the company's Bitcoin holdings.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="ea14d3dc-d99c-43c4-93fe-fbd13412bf44"><div class="bn-block" data-node-type="blockContainer" data-id="ea14d3dc-d99c-43c4-93fe-fbd13412bf44"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

Metaplanet plans $135 million share issuance to fund Bitcoin treasury purchases

Metaplanet, Bitcoin hazine alımlarını finanse etmek için 135 milyon dolarlık hisse ihracı planlıyor

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="8b8bacf9-1573-4ba8-852e-a0b96cfffdf9"><div class="bn-block" data-node-type="blockContainer" data-id="8b8bacf9-1573-4ba8-852e-a0b96cfffdf9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"> The process behind block creation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="413bfe12-bdfa-49cb-a9a1-2293487d3a35"><div class="bn-block" data-node-type="blockContainer" data-id="413bfe12-bdfa-49cb-a9a1-2293487d3a35"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

How Mining Works

Madencilik Nasıl Çalışır?

Nvidia has posted a record quarterly revenue, which has helped dampen fears of an AI bubble and lift crypto and tech stocks.
Tech and crypto stocks rose in after-hours trading on Wednesday after chip maker Nvidia’s third-quarter earnings beat expectations on the top and bottom line, allaying fears of an AI bubble.

Nvidia reported record revenue of $57 billion for its third quarter ended Oct. 26, up 62% from a year ago and beating Wall Street projections of $54.7 billion.

The company reported a profit of $31.9 billion, a 65% increase from last year and surpassing analyst expectations. It also gave a higher-than-expected guidance of $65 billion in revenue for its fourth quarter, suggesting the appetite for artificial intelligence isn’t yet slowing down.

Concerns of an AI bubble had seen tech shares slide over the past weeks, which saw crypto also dump as investors sold off risky assets, and the broader market was awaiting Nvidia’s earnings as a health check on the AI-heavy tech sector.
Crypto, tech stocks rise on Nvidia earnings
Shares in Nvidia (NVDA) jumped over 5% in after-hours trading on its Q3 earnings to $196 after closing trading on Wednesday up 2.85% to $186.52.

The chip maker’s earnings beat helped lift shares across crypto companies after-hours, with Coinbase (COIN), Strategy (MSTR) and Circle Internet Group (CRCL) all seeing slight bumps after finishing the trading session down.

Crypto exchange Bullish (BLSH) was also lifted by 1% in post-trading after finishing the day down 3.7% despite beating Wall Street’s predictions and reporting its strongest quarter since going public in August.

Big Tech stocks were also up, with Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN) and Meta (META) all seeing gains after the bell.

Bitcoin lifts from below $89,000
Nvidia’s earnings have also helped to buoy Bitcoin 
BTC
$91,832
, which has dropped over 10% in the past week amid a wider market rout.

Bitcoin fell to a 24-hour low of $88,540 in late trading on Wednesday, dipping below $89,000 for the first time since late April.

It has since seen a recovery to around $91,500, coinciding with Nvidia’s earnings announcement and is down 0.6% over the past day, per CoinGecko.

Ether 
ETH
$3,019
 has also seen a recovery after sinking to around $2,873 on Wednesday, its first time under $2,900 since mid-July. It has climbed back above $3,000 and is down 1.9% on the day.


Crypto, tech stocks climb on Nvidia’s blowout Q3 earnings

Kripto ve teknoloji hisseleri, Nvidia'nın olağanüstü 3. çeyrek kazançları üzerine yükseldi


On November 18, Bitcoin and Ether ETFs experienced significant outflows, marking their fifth and sixth consecutive days of losses respectively. In contrast, Solana ETFs stood out by attracting strong inflows despite the overall market weakness.

 Bitcoin ETFs saw a total outflow of $372.77 million, heavily impacted by Blackrock’s IBIT, which suffered a massive withdrawal of $523.15 million. However, some counterflows helped mitigate the situation: Grayscale’s Bitcoin Mini Trust gained $139.63 million and Franklin’s EZBC added $10.76 million. Despite these inflows, the category ended significantly down with a trading activity of $5.84 billion and net assets at $122.29 billion.

🗣 Maja Vujinovic, CEO of Digital Assets at FG Nexus, attributed the recent outflows from Bitcoin ETFs to macro factors, mechanics, and profit-taking. She noted that as liquidity tightens, ETFs often see redemptions. Many investors who had moved into BTC ETFs for the Q3–Q4 run-up are now taking profits amid rising volatility.

📉 Ether ETFs fared slightly better but still recorded a net outflow of $74.22 million, with Blackrock’s ETHA leading the withdrawals at $165.07 million. Some other Ether products managed to attract capital: Grayscale’s Ether Mini Trust gained $62.39 million and Bitwise’s ETHW added $19.10 million. Despite these pockets of optimism, the segment closed negative with a total traded value of $1.75 billion and net assets steady at $19.60 billion.

 In contrast, Solana ETFs continued their positive trend with a robust inflow of $30.09 million. Bitwise’s BSOL led the way with a $23 million entry, followed by Grayscale’s GSOL with $3.19 million. Newly launched products like Fidelity FSOL and VanEck VSOL also contributed $2.07 million and $1.83 million respectively. This activity brought total trading to $73.14 million and net assets up to $593.73 million.

 While Bitcoin and Ether products struggled, Solana managed to carve out its own momentum, highlighting a potential shift in investor focus towards stronger-performing altcoins.
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Bitcoin and Ether ETFs Face Outflows as Solana Shines

Bitcoin ve Ether ETF'leri Solana Parlarken Çıkışlarla Karşılaşıyor

On october 21th we released a white paper detailing our intention to integrate rgb's client-validated assets with lightning network payments in a single non-custodial architecture  
we combine taproot-based l1 primitives with l2 execution and clearly separate signing operations from node operations, thereby reducing risk and operating costs while maintaining the security of bitcoin.

as part of this plan we will run upgrades on btc network as well as core protocol. we aim mainly to bring liquidity and usability expansion on bitlight chain agreements by enabling developers and partners seamless integrations without friction adding ?ease-of-use? wherever it has not been previously possible.     
    light eth tack is already out there for providing great interoperability experience via bridging solutions thanks blockstream satellite solutions which offer developers purpose built satellite infrastructure allowing them develop innovative dapps that transcend geographical boundaries. indigenous users can access services through low cost internet connections across africa’s sparsely populated regions via waves pay litemark etc..   
   substantially more cheaper than other providers out there targeting higher end markets only rather than whole continent together!     
the new open-source system provides an environment where anyone can utilize transactional speeds never seen before hence making sure database maintenance tasks become achievable in near real-time accelerating efficiency dramatically thus cutting costs drastically!
its introduction should transform financial products available including remittances stock trading auctions bonds voting systems lotteries online wallets e-commerce etc., finally helping bridge cryptocurrencies into mainstream retail usage within developing nations significantly increasing adoption rates all around the globe.


LIGHT

LIGHT Near All Time High After White Paper Release, To be compared to Ethereum L2

White Paper yayınlandıktan sonra Tüm Zamanların En Yüksek Seviyesine Yakın olan LIGHT, Ethereum L2 ile karşılaştırılacak

.@ripple инвестировала $100к в спортивную команду магистра и с последних новостей слушала , что своп возможно будет .<br> подели идеи о возможном знаке перемены ожидания roh x3.0 фокус ripple .я собираюсь выставить свой...комментарий на сообщение выше, чтобы его видно всем <br>xrp цена на следующий год уже до $24 и далее$47-$88-$120.$120 привилегий, которые добавляют ценность все больше и больше. <br>поделитесь своими мыслями о том, что ждет xrp ??❤️🔥💎✌️🤝🔗⚪️👑 🐿🐇🐸 ♥️🚀🌕✨


XRP биржевой  фонд (ЭТФ)

XRP borsa yatırım fonu (ETF)

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="32fb394a-f437-4fbc-a627-c7e54cc24b4e"><div class="bn-block" data-node-type="blockContainer" data-id="32fb394a-f437-4fbc-a627-c7e54cc24b4e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">DeFi dive reveals complex pools. Yield farming can be a wild ride. Borrowing risks apparent. Proceed cautiously! Bar chatter beware!</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="75bf37f8-dbea-47a1-b8df-80cb26dfab33"><div class="bn-block" data-node-type="blockContainer" data-id="75bf37f8-dbea-47a1-b8df-80cb26dfab33"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="27cdf847-c5ee-4915-9f98-6d4ff7001f63"><div class="bn-block" data-node-type="blockContainer" data-id="27cdf847-c5ee-4915-9f98-6d4ff7001f63"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

DeFi bar: risky, bubbly.

DeFi bar: riskli, köpüklü.

When Mining Difficulty Rises – What Happens to BTC Price?

Madencilik Zorluğu Arttığında – BTC Fiyatına Ne Olur?

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="3492d563-790b-4e2b-aff7-6f7237f36593"><div class="bn-block" data-node-type="blockContainer" data-id="3492d563-790b-4e2b-aff7-6f7237f36593"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">#BTCETF have finally snapped a 5-day outflow streak, roaring back with a $75.5M inflow — a clear signal that big money is buying the dip.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="24546f24-1311-45c8-9907-47d119772e3d"><div class="bn-block" data-node-type="blockContainer" data-id="24546f24-1311-45c8-9907-47d119772e3d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2af1130f-12b7-447c-8bfd-62e49220b74e"><div class="bn-block" data-node-type="blockContainer" data-id="2af1130f-12b7-447c-8bfd-62e49220b74e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">BlackRock led the charge, showing institutions are stepping back in just as sentiment was at its weakest. After nearly $2.3B in outflows, this sharp reversal hints that the sell-pressure phase may be easing.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f497b388-76ec-4a90-9e00-1cd868e6262a"><div class="bn-block" data-node-type="blockContainer" data-id="f497b388-76ec-4a90-9e00-1cd868e6262a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9c4f365e-fcf1-4113-831e-b762e538f43a"><div class="bn-block" data-node-type="blockContainer" data-id="9c4f365e-fcf1-4113-831e-b762e538f43a"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">📈 Why this pops for CMC readers:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e584f017-6941-4fc3-8633-75024a4c601b"><div class="bn-block" data-node-type="blockContainer" data-id="e584f017-6941-4fc3-8633-75024a4c601b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f43af557-75b6-4220-a82f-08ba9529fc8d"><div class="bn-block" data-node-type="blockContainer" data-id="f43af557-75b6-4220-a82f-08ba9529fc8d"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Fresh inflows often mark the start of accumulation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2048c120-45ae-4d50-b2f7-7a3ffebcc9e4"><div class="bn-block" data-node-type="blockContainer" data-id="2048c120-45ae-4d50-b2f7-7a3ffebcc9e4"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d50bf831-b813-4a86-b20d-bd45aca7ee07"><div class="bn-block" data-node-type="blockContainer" data-id="d50bf831-b813-4a86-b20d-bd45aca7ee07"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Institutional capital returning = renewed confidence.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4a4e5d31-4d17-4e02-9305-c6265a7819cb"><div class="bn-block" data-node-type="blockContainer" data-id="4a4e5d31-4d17-4e02-9305-c6265a7819cb"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="89406827-6876-4c89-a8be-fec1320a0d43"><div class="bn-block" data-node-type="blockContainer" data-id="89406827-6876-4c89-a8be-fec1320a0d43"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">This could be the early spark for Bitcoin’s next upward leg.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b9447706-6134-4998-a17d-7471d4bfec4e"><div class="bn-block" data-node-type="blockContainer" data-id="b9447706-6134-4998-a17d-7471d4bfec4e"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><br></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="afe76ea9-449d-41b9-abfa-6125ec856391"><div class="bn-block" data-node-type="blockContainer" data-id="afe76ea9-449d-41b9-abfa-6125ec856391"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Bottom line: The tide is shifting. One inflow day doesn’t make a trend — but it does light the fuse. Keep your eyes on $BTC chart. Bullish energy is creeping back in.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="fcc1196d-757b-43d4-bcf1-c72e9e7c6d6c"><div class="bn-block" data-node-type="blockContainer" data-id="fcc1196d-757b-43d4-bcf1-c72e9e7c6d6c"><div class="bn-block-content" data-content-type="image" data-url="https://static.sosovalue.com/2025/11/20/494269c5-1e1c-432c-aa8b-5d1d1d0096d3.png" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/2025/11/20/494269c5-1e1c-432c-aa8b-5d1d1d0096d3.png" alt="BlockNote image"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b383eae3-8536-41f2-9a20-9e8c4b3f3b6c"><div class="bn-block" data-node-type="blockContainer" data-id="b383eae3-8536-41f2-9a20-9e8c4b3f3b6c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

🚀 Bitcoin ETFs Just Flipped Bullish Again — Momentum Is Turning

🚀 Bitcoin ETF'leri Yeniden Yükselişe Geçti — Momentum Dönüyor

Trying different yield platforms lately and juggling them with a few wallets<br>like alicebob, metamask and rabby. what protocols are still giving real yield<br>instead of inflated rewards? i tested a few and returns dropped quick. curious<br>what is still working for you all in 2025.


Best DeFi Yield Protocols Right Now?

Şu Anda En İyi DeFi Getiri Protokolleri Hangileri?

<div class="bn-block-group" data-node-type="blockGroup"><div class="bn-block-outer" data-node-type="blockOuter" data-id="007e670c-aa1f-4669-9df3-57732207ec10"><div class="bn-block" data-node-type="blockContainer" data-id="007e670c-aa1f-4669-9df3-57732207ec10"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Bitcoin’s Lone Inflow Streak</strong><br>On November 19, 2025, U.S. spot crypto ETFs showed a sharply split picture:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="339c19f8-d77e-4454-9ad2-06c8b3798bf0"><div class="bn-block" data-node-type="blockContainer" data-id="339c19f8-d77e-4454-9ad2-06c8b3798bf0"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Bitcoin ETFs:</strong> <strong>+$75.5M</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="079e85de-3316-4b1d-8795-73a643f30c33"><div class="bn-block" data-node-type="blockContainer" data-id="079e85de-3316-4b1d-8795-73a643f30c33"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Ethereum ETFs:</strong> <strong>–$37.4M</strong> (first net outflow since mid-October)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4d4116d6-fc82-4b39-9f99-dd1eabb35e5e"><div class="bn-block" data-node-type="blockContainer" data-id="4d4116d6-fc82-4b39-9f99-dd1eabb35e5e"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Solana ETFs:</strong> <strong>+$55.6M</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="30422c7c-d7cd-4e5e-8098-5a5abe6693d3"><div class="bn-block" data-node-type="blockContainer" data-id="30422c7c-d7cd-4e5e-8098-5a5abe6693d3"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>XRP ETFs:</strong> <strong>+$15.8M</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0fe35e71-62fe-494d-8a79-6ccd3df9cfc9"><div class="bn-block" data-node-type="blockContainer" data-id="0fe35e71-62fe-494d-8a79-6ccd3df9cfc9"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The flows highlight a clear institutional hierarchy as markets correct: Bitcoin first, high-conviction alt-layers next, with Ethereum notably losing momentum.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4acfdc04-166f-4d5b-849e-15907d0390c2"><div class="bn-block" data-node-type="blockContainer" data-id="4acfdc04-166f-4d5b-849e-15907d0390c2"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>BlackRock’s IBIT Dominates Again</strong><br>BlackRock’s <strong>IBIT</strong> absorbed <strong>$60.6M</strong>—the vast majority of BTC inflows—pushing AUM above <strong>$69.7B</strong> and reinforcing its position as the industry’s main liquidity sink.<br>Fidelity’s <strong>FBTC</strong> saw a rare <strong>–$21.4M</strong> redemption, while Grayscale’s <strong>GBTC</strong> and <strong>mini-GBTC</strong> were essentially unchanged.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2874cf68-60c6-46bc-9822-2e0b2fe34dc3"><div class="bn-block" data-node-type="blockContainer" data-id="2874cf68-60c6-46bc-9822-2e0b2fe34dc3"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">A pattern continues to strengthen:<br><strong>In risk-off periods, institutions consolidate into IBIT because of its depth, spreads, and execution quality.</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="1ffeeeb4-0acf-4ae1-9517-e45b65fb413c"><div class="bn-block" data-node-type="blockContainer" data-id="1ffeeeb4-0acf-4ae1-9517-e45b65fb413c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Ethereum’s Institutional Hangover</strong><br>ETH funds posted their worst daily outflow since launch:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5bc56ac1-4149-45e2-a9ed-665c52c1195b"><div class="bn-block" data-node-type="blockContainer" data-id="5bc56ac1-4149-45e2-a9ed-665c52c1195b"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">BlackRock’s <strong>ETHA:</strong> <strong>–$24.6M</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="afd006d7-dfde-4052-b2e8-9ba9821f3dbc"><div class="bn-block" data-node-type="blockContainer" data-id="afd006d7-dfde-4052-b2e8-9ba9821f3dbc"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Grayscale’s <strong>ETHE:</strong> <strong>–$15.7M</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5bde07be-4c3a-4dc1-8828-ab26298d56db"><div class="bn-block" data-node-type="blockContainer" data-id="5bde07be-4c3a-4dc1-8828-ab26298d56db"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The divergence is widening.<br>Bitcoin is increasingly viewed as a <strong>macro reserve asset</strong>, with sovereign wealth funds, corporates, and ETFs accumulating.<br>Ethereum, meanwhile, faces narrative drift:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d6d547d3-37c5-4521-a5ab-98d40c9dc3f3"><div class="bn-block" data-node-type="blockContainer" data-id="d6d547d3-37c5-4521-a5ab-98d40c9dc3f3"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Staking yields compressing</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5713115c-67fc-4fd8-a8fa-c5528261bc10"><div class="bn-block" data-node-type="blockContainer" data-id="5713115c-67fc-4fd8-a8fa-c5528261bc10"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Lido dominance anxiety</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b7655153-0472-4328-9cca-c4ee8952efcd"><div class="bn-block" data-node-type="blockContainer" data-id="b7655153-0472-4328-9cca-c4ee8952efcd"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Delayed <strong>Pectra</strong> upgrade</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="f0000109-cc5e-48d5-a13c-869e9fb49270"><div class="bn-block" data-node-type="blockContainer" data-id="f0000109-cc5e-48d5-a13c-869e9fb49270"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content">Post-Dencun execution-layer uncertainty</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="4856a779-8080-4bde-bf54-439e189a46e3"><div class="bn-block" data-node-type="blockContainer" data-id="4856a779-8080-4bde-bf54-439e189a46e3"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Many allocators are choosing to wait.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="80befb47-064e-44a2-ab98-e33adb2fb8b6"><div class="bn-block" data-node-type="blockContainer" data-id="80befb47-064e-44a2-ab98-e33adb2fb8b6"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Alt-Layer ETFs Steal the Spotlight</strong><br>VanEck’s <strong>Solana (HODL)</strong> ETF brought in <strong>$55.6M</strong>—its strongest day ever—reflecting rising conviction that Solana is the leading high-throughput alternative to Ethereum.<br>XRP inflows (+$15.8M across issuers) suggest speculative positioning ahead of potential regulatory shifts under a Trump-led SEC.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2d5a3975-4eb6-4ead-95b9-5448a59ae6e4"><div class="bn-block" data-node-type="blockContainer" data-id="2d5a3975-4eb6-4ead-95b9-5448a59ae6e4"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>What the Flows Really Indicate</strong><br>The data reveals <strong>three simultaneous rotations</strong>:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="dcd6466d-f556-4048-99d8-c13a377675f5"><div class="bn-block" data-node-type="blockContainer" data-id="dcd6466d-f556-4048-99d8-c13a377675f5"><div class="bn-block-content" data-content-type="numberedListItem" data-index="1"><p class="bn-inline-content"><strong>ETH → BTC</strong> (quality flight within crypto)</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9033e01f-1363-4deb-9446-25993b6eb750"><div class="bn-block" data-node-type="blockContainer" data-id="9033e01f-1363-4deb-9446-25993b6eb750"><div class="bn-block-content" data-content-type="numberedListItem" data-index="2"><p class="bn-inline-content"><strong>Legacy high-fee trusts → low-fee BlackRock/VanEck ETFs</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="2fcedc21-9837-494c-b621-daac5894c6eb"><div class="bn-block" data-node-type="blockContainer" data-id="2fcedc21-9837-494c-b621-daac5894c6eb"><div class="bn-block-content" data-content-type="numberedListItem" data-index="3"><p class="bn-inline-content"><strong>Ethereum ecosystem → high-conviction L1 alternatives (SOL, XRP)</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="b7a06457-0f5c-4318-b82b-38f5b353ce30"><div class="bn-block" data-node-type="blockContainer" data-id="b7a06457-0f5c-4318-b82b-38f5b353ce30"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">When Bitcoin ETFs see inflows <strong>while BTC remains nearly 30% below ATH</strong>, and Ethereum posts outflows, institutions are clearly treating <strong>BTC as the only Tier-1 digital asset</strong>.<br>Everything else is satellite allocation.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="34935b25-077f-44e7-9f93-1383f1614b22"><div class="bn-block" data-node-type="blockContainer" data-id="34935b25-077f-44e7-9f93-1383f1614b22"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>Outlook Into Year-End</strong><br>With Trump’s pro-crypto transition team forming, Tim Scott expediting legislation, and sovereign buyers (Abu Dhabi and possibly Texas) entering ETF products, structural Bitcoin inflows appear poised to continue.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e80f4238-749d-4e0f-a049-69bf9df7235c"><div class="bn-block" data-node-type="blockContainer" data-id="e80f4238-749d-4e0f-a049-69bf9df7235c"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Ethereum needs a catalyst—Pectra execution, a renewed restaking wave, or simple BTC-dominance exhaustion—to reverse the year’s trend.<br>Until then, expect:</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="5cdea0d2-306f-4b1d-975c-8b1c190e9812"><div class="bn-block" data-node-type="blockContainer" data-id="5cdea0d2-306f-4b1d-975c-8b1c190e9812"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>Bitcoin ETF inflows to remain steady</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e7d005bb-09c8-4039-8e0d-844e5bfbd298"><div class="bn-block" data-node-type="blockContainer" data-id="e7d005bb-09c8-4039-8e0d-844e5bfbd298"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>ETH allocations to lag</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="e29d33de-985a-4f30-a440-00c731b6dab7"><div class="bn-block" data-node-type="blockContainer" data-id="e29d33de-985a-4f30-a440-00c731b6dab7"><div class="bn-block-content" data-content-type="bulletListItem"><p class="bn-inline-content"><strong>High-conviction alt ETFs to capture opportunistic rotation</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="9f3d1096-ec19-4b17-ad7d-c74b09f3b035"><div class="bn-block" data-node-type="blockContainer" data-id="9f3d1096-ec19-4b17-ad7d-c74b09f3b035"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">The great crypto wealth rotation isn’t fiat → crypto anymore.<br>It’s <strong>everything else → Bitcoin</strong>, via ETFs.</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="45c75b40-8841-408e-a7cf-101831f825b0"><div class="bn-block" data-node-type="blockContainer" data-id="45c75b40-8841-408e-a7cf-101831f825b0"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"><strong>#BitcoinETF #CryptoFlows #IBIT #ETHOutflows #InstitutionalAdoption #SolanaETF</strong></p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d593229f-33a6-4460-bb31-919382b51e01"><div class="bn-block" data-node-type="blockContainer" data-id="d593229f-33a6-4460-bb31-919382b51e01"><div class="bn-block-content" data-content-type="image" data-name="photo_2025-11-20_15-29-18.jpg" data-url="https://static.sosovalue.com/2025/11/20/7f940395-08b6-4bdb-b463-ea87bf1ec407.jpg" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/2025/11/20/7f940395-08b6-4bdb-b463-ea87bf1ec407.jpg" alt="photo_2025-11-20_15-29-18.jpg"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7757bca8-f49e-4d60-9670-fa111d5dae50"><div class="bn-block" data-node-type="blockContainer" data-id="7757bca8-f49e-4d60-9670-fa111d5dae50"><div class="bn-block-content" data-content-type="image" data-name="photo_2025-11-20_15-29-19.jpg" data-url="https://static.sosovalue.com/2025/11/20/62370e50-0882-4c32-b8cc-cb350761e95d.jpg" data-file-block=""><div class="bn-file-block-content-wrapper"><div class="bn-visual-media-wrapper"><img class="bn-visual-media" src="https://static.sosovalue.com/2025/11/20/62370e50-0882-4c32-b8cc-cb350761e95d.jpg" alt="photo_2025-11-20_15-29-19.jpg"></div></div></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="fd300cf9-e0cc-40c9-b6c0-176783c9161f"><div class="bn-block" data-node-type="blockContainer" data-id="fd300cf9-e0cc-40c9-b6c0-176783c9161f"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">Regards,</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="62107719-543d-4408-b9c3-bbb12f53b921"><div class="bn-block" data-node-type="blockContainer" data-id="62107719-543d-4408-b9c3-bbb12f53b921"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">FVM Research</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="7227c8fd-bc0c-4b8a-ac50-659fc30a11a7"><div class="bn-block" data-node-type="blockContainer" data-id="7227c8fd-bc0c-4b8a-ac50-659fc30a11a7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">꧁𓊈𒆜𝓕𝓥𝓜𒆜𓊉꧂</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="0d73be7b-4630-44f0-91e5-094f45f0e06b"><div class="bn-block" data-node-type="blockContainer" data-id="0d73be7b-4630-44f0-91e5-094f45f0e06b"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content">𝗙𝗼𝗹𝗹𝗼𝘄 𝗺𝗲╰┈➤ Forever_More 🔔</p></div></div></div><div class="bn-block-outer" data-node-type="blockOuter" data-id="d97f82f2-c120-40f1-bdb0-e38f0c8244a7"><div class="bn-block" data-node-type="blockContainer" data-id="d97f82f2-c120-40f1-bdb0-e38f0c8244a7"><div class="bn-block-content" data-content-type="paragraph"><p class="bn-inline-content"></p></div></div></div></div>

Spot ETF Flows: The Great Rotation Accelerates「 ✦ FVM Research ✦ 」𓆰♕𓆪

Spot ETF Akışları: Büyük Rotasyon Hızlanıyor 「✦ FVM Research ✦」𓆰♕𓆪