Hong Kong's Securities and Futures Commission (SFC) has approved Asia's first spot Solana (SOL) ETF, local media outlet hket reported. The fund, managed by China Asset Management, is scheduled to be l...

Hong Kong's Securities and Futures Commission (SFC) has approved Asia's first spot Solana (SOL) ETF, local media outlet hket reported. The fund, managed by China Asset Management, is scheduled to be listed on Oct. 27.

Hong Kong SFC approves Asia's first spot Solana ETF

Gold prices are in a notable correction after hitting record highs. On October 21, the precious metal suffered its biggest one-day drop in more than 12 years.
Meanwhile, Bit...

Gold Just Had Its Worst Day in 12 Years — Will Bitcoin Benefit?

Zhao Ying, Wall Street Journal
According to recent media reports, large Bitcoin holders are shifting their wealth from the blockchain to Wall Street balance sheets. A new generation of ETFs offers cryptocurrency tycoons a new way to bring their digital assets into the regulated financial system—without having to sell them, and through funds operated by major asset managers like BlackRock.

A regulatory change this summer opened the door to this trend, allowing large investors to exchange Bitcoin for shares in an "in-kind swap" transaction. This trading method is already widely used in most ETFs, but it wasn't until July of this year...

BTC whale turn to Wall Street: Over $3 billion flows back into the traditional financial system

Author: Dingdang
I experienced two "Huamen" market crashes in one day.
As professional trader Eugene said, the crypto market is experiencing a hellish level of difficulty, and even excellent traders may not be able to escape the fate of being repeatedly "harvested."
Let's first look at the market data. BTC surged to $114,000 before plummeting, currently trading at $108,260, a 24-hour drop of 1.85%; ETH fell from $4,110 to $3,850, a drop of 2.73%; SOL is currently trading at $186, a drop of 0.98%; BNB...