XRP’s price has continued to chop, trading sideways, which has impacted the price of the U.S. spot ETFs that provide exposure to the altcoin. Canary Capital’s XRP fund has crashed 20% since its launch, although this fund remains the largest by assets under management (AuM). XRP’s Sideways Price Action Leads To Spot ETF Crash The XRP price has continued to trade within a tight range, just above the psychological $2 level, sparking bearish sentiment among investors. The altcoin is down over 10% in the last month, around the time the first spot XRP ETF, Canary’s fund, launched. This bearish price action has notably contributed to a price crash for Canary’s XRPC fund. Related Reading: XRP ETFs Are About To Hit $1 Billion – Here’s How Much Is Flowing In Daily TradingView data shows that Canary’s XRP ETF is down 20% since its launch on November 13. XRPC also dropped almost 10% last week amid choppy price action. Canary’s fund has also likely crashed due to increased competition from three other spot funds that launched after it. This has led to a slowdown in its inflows since these funds launched. Meanwhile, these funds track the spot XRP price, which also explains Canary’s XRPC crash. XRP has mirrored Bitcoin’s price action amid concerns that the crypto market may already be in a bear market. XRP whales also look to be bearish at the moment, as Santiment data shows a drop in whale transactions from a recent high recorded in November. However, despite this bearish sentiment, with the crypto market currently in a state of fear, the XRP ETFs have continued to record daily net inflows. SoSo Value data show that these funds have been on a 16-day net inflow streak since Canary’s XRP fund launched on November 13, and they have yet to record a net outflow day. Canary’s XRP ETF, which has suffered a 20% price crash, is currently the largest spot XRP fund with $364 million in assets under management. Grayscale’s GXRP is second with $211 million, while Bitwise and Franklin Templeton are third and fourth. As a group, these XRP funds are about to hit $1 billion in assets under management, with $861 million in total net assets. Some Positives For The Altcoin Santiment data show that XRP exchange outflows have outweighed inflows in recent times. This is a positive as it indicates that more investors are accumulating than selling. Exchange outflows typically represent moves for long-term holding, especially in anticipation of higher prices. Related Reading: Pundit Predicts That XRP Is About To Make Investors Extremely Rich In an X post, Santiment mentioned that the XRP Ledger is seeing a fascinating trend of whale and shark wallets shrinking in number but continuing to grow in coins held. The on-chain analytics platform noted that there are 20.6% fewer 100 million XRP wallets, but that these wallets, as a group, still own a 7-year high 48 billion coins. As such, the existing 100 million XRP wallets are doubling down on their accumulation efforts and making up for the shrinking number of wallets. At the time of writing, the altcoin’s price is trading at around $2.07, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Bitwise moves its Avalanche ETF closer to market with updated SEC filing and becomes first issuer to include staking.
As the cryptocurrency ecosystem matures and evolves, a new narrative is gaining traction that positions XRP for an upcoming institutional-driven surge that could redefine market expectations. With momentum building around XRP exchange-traded funds, one prominent analyst now believes the asset could be on the verge of a rally so large it may outperform Bitcoin’s own ETF-driven surge. Why Analysts Believe XRP Is Poised For A Larger Upside Than Bitcoin XRP is entering its ETF chapter, and the scale of what’s coming could make Bitcoin look small. Crypto analyst Xfinancebull mentioned on X that early players like Grayscale, Bitwise, Franklin, and Canary Funds are already live with their XRP products. Meanwhile, the real power players like BlackRock, Fidelity, and the other giants haven’t even filed for an XRP spot ETF yet, which shows this is just a warm-up. Related Reading: Here’s Why A Supply Shock Could Be Imminent For XRP The heavyweights haven’t even stepped into the arena, and the initial institutional capital is already flowing. Spot ETFs were highly beneficial for BTC, which triggered a trillion-dollar shockwave that attracted Wall Street institutions and momentum traders who couldn’t ignore the access. According to Xfinancebull, XRP is a different beast, with functional utility, real-world adoption, and banking infrastructure already built out across Japan and Asia. The capital that will soon flood into XRP via ETFs won’t just speculate, but it will stay. When a fraction of over $80 billion in Assets Under Management (AUM) from these initial titans begins to rotate into XRP, the inflows could be significant. This is cold, hard math that is about to unlock high levels of liquidity and historically repeat the move on a larger scale. “The XRP spot ETF ignition is not coming, but it is already here. If you missed the Bitcoin momentum move, don’t miss this one,” Xfinancebull noted. An analyst known as RipBullWinkle has also highlighted that Bitcoin has leaked $151 million, while XRP led all inflows with $164 million. That’s not random, it’s institutions reallocating with intention into assets built for settlement and speed. When powerhouses like Franklin Templeton and Grayscale pull over $130 million into XRP on day one, it confirms where the institutional smart money is going. Market Stabilization Signals The Start Of A New Upward Leg Bitcoin and altcoins are reacting sharply to momentary declines after the brief pullback. TerraHaberTr has stated that BTC has reclaimed the $87,000 level, and if momentum continues at this pace, BTC will target $90,000 and $100,000 levels. On the altcoin side, the recovery is happening even faster, and altcoins that have experienced deep dips may start to gain strength. Related Reading: XRP Price Will Climb Above $10 When This Happens: Analyst Meanwhile, XRP is gaining traction as it pushes back above $2.20. If the move continues, XRP could reach the $3.00 region. Overall, opportunities have continued to emerge across major altcoins. Featured image from iStock, chart from Tradingview.com
On-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X post, Lookonchain suggested that Pump.fun has been selling SOL, as it appears that the meme coin launchpad has cashed out at least 436.5 million USDC since October 15. The on-chain analytics platform also stated that since October 15, the meme coin launchpad has deposited 436.5 million USDC into Kraken. Related Reading: Forget XRP, DFDV Exec Predicts Solana Price Is Headed For $10,000 Furthermore, Lookonchain revealed that between May 19, 2024, and August 12, 2025, Pump.fun sold a total of 4.19 million SOL ($757 million) at an average price of $181. Of that amount, 264,373 SOL was sold on-chain for $41.64 million, while 3.93 million SOL ($715.5 million) was deposited into Kraken. Pump.fun’s SOL sales are known to put significant selling pressure on the Solana price, thereby contributing to its crash. Notably, the Solana price has recorded one of the largest losses during this recent crypto market downtrend. SOL crashed from a high of around $220 in October to a low of $120 this month. This has occurred despite the launch of six spot Solana ETFs during this period. Bitwise, Grayscale, Fidelity, 21Shares, VanEck, and Canary have all launched their SOL funds and have recorded notable flows since launch. SoSo Value data shows that these funds have recorded cumulative net inflows of $568.24 million since their respective listings. Despite this, the Solana price has been in a downtrend amid significant selling pressure from SOL whales. Thanks to the crash, SOL is now down over 28% year-to-date (YTD). The altcoin is also down over 28% in the last 30 days. Pump.fun Denies Recent SOL Sales A Pump.fun spokesperson, Sapijiju, has indicated that they haven’t sold any SOL recently and haven’t contributed to the Solana price crash. In an X post, he described Lookonchain’s post as complete misinformation, as they haven’t cashed any sum. He claimed they were not involved in the transactions between Kraken and Circle that the on-chain analytics platform referenced. Related Reading: Institutions Have Been Buying Solana Every Day For 2 Weeks, Is $300 Possible? Lookonchain had claimed that during the same period, Pump.fun allegedly cashed out 436.5 million USDC, 537.6 million USDC was sent from Kraken to Circle. Meanwhile, regarding the 436.5 million USDC, Sapijiju stated that what is happening is part of their treasury management, with the USDC part of funds from the PUMP ICO, and with plans to reinvest the sum into the business. At the time of writing, the Solana price is trading at around $138, up almost 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Ryan Rasmussen, Head of Research at Bitwise, used a Yahoo Finance appearance to restate Bitwise’s view that Bitcoin is headed to $200,000 in 2026, while simultaneously characterizing the current sell-off as a maturing-market shakeout rather than a trend break. Is The Bottom In For Bitcoin? He opened with a near-term assessment that “we’re closer to the bottom here today than we have been for the past few weeks,” linking the drawdown to sharply risk-off conditions and to ETF-era flow dynamics. In his framing, Bitcoin “really was a leader of this risk-off move starting in mid-October,” and he expects it to “be a leader to the upside once things start to turn around,” adding that the market feels nearer to that inflection than it did “a week or two weeks ago.” When asked whether spot Bitcoin ETFs have become a double-edged sword, Rasmussen agreed, describing a market that now has deeper liquidity but more cross-currents. “Bitcoin, in our view, is one of the biggest technological developments of the past 15 years,” he said, before explaining that institutionalization brings “new investors and adds more liquidity to the market,” yet also means “we’re seeing a lot more choppiness in times where risk-off moves happen.” He pointed to hedge funds rotating in and out via basis trades and emphasized that “you just have more market participants.” Over time, he expects that shift to damp volatility, but not in a straight line: “throughout that journey, we’re going to see some choppiness, and certainly over the past month, we’ve seen that.” Related Reading: Will Bitcoin Bottom At $56,000? CryptoQuant CEO Presents The Data Pressed on why volatility still looks elevated, Rasmussen separated short-horizon spikes from long-run trend. “If you look at the trend over the past 10 years, volatility has certainly been falling,” he said, but conceded that “over this short-term period, you do see spikes in volatility.” The composition of buyers is, in his view, changing in a stabilizing direction. “The buyers for Bitcoin that we’re seeing come into the market today are more long-term buyers than we’ve seen in the past,” he said, naming wealth managers and financial advisors who “are adding Bitcoin to model portfolios” and “rebalancing on a standard basis.” That institutional style of demand “should all reduce volatility, add more long-term demand,” though he also noted a counterweight: corporate treasury buying that was strong earlier in the year has faded. “The corporate treasuries that are purchasing Bitcoin were coming in in size earlier this year, and that’s really dried up,” he said, arguing that this demand pause is “in part due to this sell-off that we’ve seen in October.” Bitcoin Still Set for $200,000 By 2026 Rasmussen acknowledged the pain of lower prices for recent buyers, but insisted the medium-term path remains higher. “Lower prices are a gift and a curse, of course,” he said. “A lot of investors are feeling pain right now who bought Bitcoin above $100,000 or closer to the $125,000 mark, but we believe that Bitcoin’s going to end the year higher than it is today.” He reiterated that the short-term bottoming process is likely advanced, and then pivoted to his structural thesis: “Institutions are finally here.” He stressed that adoption is gradual rather than instantaneous: “That doesn’t mean that right away they deploy all of their capital.” Even so, he cited early signals such as endowment participation: “even Harvard, we saw with their recent filing, is buying Bitcoin in their endowment.” Related Reading: Bitcoin Capitulation Deepens Around $90K Level: Classic Late-Stage Fear Structure Emerging On macro, Rasmussen conceded an irony that an asset marketed as sovereign and untethered now reacts to central-bank expectations. Post-COVID, he said, Bitcoin has traded in a “fiscally-dominated environment where rate cuts and other macro elements do play more of a role,” and correlations to equities have “spike[d] or raise[d].” Still, he argued correlations are drifting back toward historical lows, and he emphasized Bitcoin’s tendency to do well in “low rate environments and risk on environments.” Regarding the December Fed meeting, he said “no cut in December is largely priced into the market,” and suggested investors have “already started to turn to 2026.” The price target itself was stated unambiguously. “So this year, we had a price target of $200,000. And I think it’s safe to say that come December, that’s not going to happen. But we do believe that in 2026, Bitcoin will hit $200,000,” Rasmussen said. He attributed that forecast to institutional inflows arriving “in waves,” spanning “wealth managers or endowments or pensions or corporations or governments,” which he believes are creating “a systemic imbalance of demand versus supply.” At press time, BTC traded at $91,205. Featured image created with DALL.E, chart from TradingView.com
Amid the second wave of crypto-based Exchange-Traded Funds (ETFs), Solana (SOL)-based investment products have been leading the charge, fueled by strong demand despite the recent market volatility. As a new group of investment products based on the altcoin hits the market and SOL’s price starts to recover, some suggest that a rebound could be underway. Related Reading: Analyst Shares Worst-Case Scenario For Bitcoin (BTC) As Price Shows Concerning Signs Solana ETFs Take Over The second wave of Solana ETFs has arrived in the market after the successful launch of SOL-based investment products. On Monday, VanEck debuted its Solana ETF (VSOL) on Nasdaq, becoming the third investment product based on the altcoin to launch over the past month. According to the announcement, the firm is waiving its 0.30% fee on the first $1 billion in assets under management (AUM) or until February 17, 2026. Meanwhile, its third-party staking provider will also waive its fee for staking services under the same conditions. Adding to the momentum, Fidelity and Canary Capital launched their FSOL and SOLC ETFs on Tuesday, after recently filing 8-A forms with the Securities and Exchange Commission (SEC). Senior Bloomberg analyst Eric Balchunas noted that Fidelity is “easily the biggest asset manager in this category with BlackRock sitting out,” adding that it is “Game on” with the other launches. Meanwhile, Nate Geraci also highlighted the new launch, but expressed surprise that BlackRock is “sitting this one out” as many anticipate a successful performance. Notably, Bitwise and Grayscale debuted their BSOL and GSOL ETFs at the end of October, registering a record-breaking performance since their launch. Farside Invest data shows that SOL-based investment products have recorded over $390 million in inflows, with 15 consecutive trading days of positive net flows, signaling strong institutional demand for the products. In a Tuesday X post, Bitwise’s CEO, Hunter Horsley, noted BSOL’s positive performance despite the market correction, affirming that “prices are in the eye of the beholder.” “ETF investors continue to buy the dip. Grateful for the trust in Bitwise to steward investor assets,” he added. Institutional Demand To Fuel SOL’s Rebound? Amid the Tuesday launches, SOL’s price bounced 8.4% from its five-month low of $128, recorded on Monday. The cryptocurrency has declined 12% over the past month, losing crucial levels during the market correction. However, Bybit recently suggested that the newly launched investment products could reshape “its price trajectory and market structure for years to come.” In a recent report, the crypto exchange’s analysts noted that the altcoin joined Bitcoin (BTC) and Ethereum (ETH) as one of the few digital assets with regulated brokerage access in the US. This “represents a structural shift in how SOL is accessed, traded and perceived,” significantly expanding SOL’s investor base and confidence. “If historical patterns hold, Solana could be on the cusp of a multi-quarter rally that redefines its position in the crypto hierarchy,” the exchange affirmed. Analyst Ted Pillows pointed out SOL’s price action, calling it “one of the worst-performing large caps recently.” However, he argued that, because of this, most of its downside liquidity has already been taken out, with “decent liquidity clusters around the $170-$200 level.” Related Reading: Crypto Market Wipes Out $1 Trillion Since October: Analyzing The Forces Behind The Crash To analysts, if the market starts to recover and stabilizes, Solana could rally 20%-40% to retest this area. Meanwhile, Daan Crypto Trades affirmed that SOL is “putting in quite the reversal relative to its BTC pair,” as the cryptocurrency has broken out of a three-week downtrend against Bitcoin after some failed attempts. As of this writing, Solana is trading at $141, a 25.3% decline in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
A recently shared image on X showing the full lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of offering predictions or excitement, he framed the moment as a straightforward test for the asset, noting that if XRP cannot climb into double-digit territory once this many ETFs are live, the market may end up treating it as a joke. The comment brings into question what price level actually represents meaningful progress once institutional money enters the picture for XRP. Why The Comment Landed Strongly Ledferd reacted to a screenshot listing nearly every major issuer preparing an XRP product, including firms such as Bitwise, Grayscale, Fidelity, VanEck, Invesco, CoinShares, Franklin Templeton, Hashdex, and ARK Invest. The number of issuers alone means that XRP is entering a phase where institutional exposure will no longer be theoretical. Related Reading: Analyst Predicts XRP “Supply Crisis” To Trigger The Next Parabolic Rally The general consensus is that when these ETFs hit the market, XRP will receive massive institutional inflows comparable to that of Bitcoin and Ethereum, which, in turn, would be reflected in its price action. With this in mind, the pundit noted that XRP will be the “joke of the year” if these ETFs do not bring the cryptocurrency’s price to at least double digits.” Where XRP Needs To Trade For ETFs To Matter The numerical reality behind this expectation is straightforward. XRP is currently trading well below the $3 price level. Particularly, XRP is trading at $2.3, which means even a return to its $3.65 all-time high would require a price increase of about 40% from present levels. To reach actual double digits above $10, it means the price of XRP would need to rise more than 320% from its current price. Before XRP can target double digits, however, it must convincingly break and close above the region between $3 and $3.65. This region is a structural pivot because it is where previous rallies have lost momentum If ETF demand is genuine, the first sign of it will be whether XRP can push above the $3 line and hold it as support. Such a move would confirm that new inflows are not being neutralized by selling pressure and that the buying pressure is absorbing tokens at a faster rate than they are being distributed. Related Reading: Analyst Says Don’t Get Left Behind As Massive Liquidity Wave Is Coming For XRP XRP currently has a total circulating supply of 60 billion tokens. Therefore, a move to $4 implies a market cap of $240 billion. On the other hand, a move to $10 implies a valuation above $600 billion. A $600-billion valuation would place XRP behind only Bitcoin in terms of market cap rankings. These numbers matter because ETF impact is not measured by price alone but by how much capital is required to move an asset of this size. If Spot XRP ETFs begin attracting even a small fraction of the inflows seen in early Bitcoin ETF trading, the push to $4 becomes more realistic. At the time of writing, the first US Spot XRP-backed ETF has officially been launched by Canary Capital with ticker XRPC and began trading on the Nasdaq Stock Market on November 13, 2025. Featured image from Peakpx, chart from Tradingview.com
Canary’s spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts’ predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment First Spot XRP ETF Begins Trading On Thursday, the first single-token XRP spot ETF began trading on Nasdaq, smashing the initial performance expectations of multiple experts after clearing the last regulatory hurdles this week. Following the launch of Canary Capital’s spot XRP ETF (XRPC), the investment management firm asserted its conviction that “XRP Ledger represents a leading framework for global payments — purpose-built for interoperability and real-world settlement.” Notably, Canary Capital recently completed its 8-A filing for its XRPC ETF with the US Securities and Exchange Commission (SEC) and received the stock exchange’s green light on Wednesday afternoon. The Thursday launch comes amid the end of the US Government shutdown, which officially lasted 43 days and was forecasted to delay the long-awaited Altcoin ETFs until its conclusion. For context, the SEC was expected to approve multiple crypto-based investment products between early October and November, after the regulatory agency postponed the decision deadline in Q3 and released new generic listing standards for the products. However, the second wave of crypto-based investment products arrived despite the government setback, with the first set of ETFs launching over two weeks ago. On October 28, Canary Capital’s spot Litecoin and Hedera ETFs and Bitwise’s Solana Staking ETF (BSOL) began trading after filing 8-A forms with the SEC. As crypto journalist Eleanor Terret explained, the launch was possible because an open government wasn’t required to continue the process, and the 8-A filings are “just as important” as the S-1 forms, since they register ETF shares under the Securities Exchange Act of 1934. Canary’s XRPC To Challenge BSOL’s Debut Ahead of the launch, multiple experts predicted that Canary’s spot XRP ETF could see strong demand and reach between $15 million and $35 million in volume on its first day. Senior ETF analyst at Bloomberg, Eric Balchunas, initially suggested that the investment product could hit $17 million in volume. Following the first half-hour, the XRP ETF saw $26 million in volume, the analyst noted, breaking past his original expectations. As a result, Balchunas suggested that the XRPC had a “good shot” at surpassing BSOL’s first-day volume and becoming the biggest ETF launch of 2025. As reported by NewsBTC, Bitwise’s SOL Staking ETF recorded an impressive volume of $10 million in the first 30 minutes of trading, which surged to $33 million by the half-day mark. The investment product closed its first day with around $57 million in volume, beating all other launches of this year. Related Reading: SUI Eyes Key Retest As Price Breaks Out Of Downtrend – Rally To $3 Ahead? In the afternoon, analyst James Seyffart noted that Canary’s XRP ETF had recorded around $46 million in volume by the half-day mark, with a few more hours of trading ahead. The analyst initially suggested that XRPC could see around $34 million in volume on day one. “This is almost guaranteed to be near the top of the list for 2025 launches and still has a shot at beating $BSOL for the top spot,” Seyffart concluded. As of this writing, XRP trades at $2.30, a 3.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
According to market reports, crypto analyst Crypto Patel has put forward bold targets for Dogecoin, saying the memecoin could reach $2 and $5 this cycle. Related Reading: XRP Has Held Its Ground As Most Altcoins Fall, Market Observers Say At the time of his post, DOGE was trading around $0.17, making those estimates equal to roughly 1,076% and over 2,800% gains from that level. The call has drawn attention because it ties price hopes to repeating chart behavior rather than fresh fundamentals. Chart Patterns And Historical Runs According to the analyst’s charts, DOGE has formed a long-running descending triangle since its $0.75 peak in 2021. Traders are being shown a breakout followed by a retest pattern. Reports point to similar setups in past rallies: in 2017 DOGE moved from about $0.00022 to $0.019 — roughly 9,800% — and in 2021 it climbed from about $0.0025 to $0.75, a surge of over 32,000%. Those runs are the basis for the “fractal confluence” argument that history could repeat. DOGECOIN READY FOR ITS NEXT HISTORIC MEGA RUN ???? Breakout ✅ Retest ✅ Structure locked and loaded for a parabolic explosion! The same pattern that sent $DOGE flying in 2017, 2021 is repeating again on the monthly timeframe and this time, the move looks even more powerful.… pic.twitter.com/yZIFHthnm5 — Crypto Patel (@CryptoPatel) November 11, 2025 A Recent Breakout, Retest Highlighted As Trigger Based on reports, DOGE cleared the triangle in December 2024 during a US President Donald Trump-led crypto market boom, pushing above $0.48. The coin then came back to test the former trendline, which some traders call a normal step after a breakout. Other analysts have flagged similarities between today’s action and the token’s early bull runs, and some see that as confirmation for more upside. Short-Term Indicators Looking Up Technical numbers show a nearer-term forecast of a rise of 13.51% to $0.2002 by December 12, 2025. Current readings described by data providers list sentiment as Bearish and the Fear & Greed Index at 20 (Fear). Over the last 30 days DOGE had 13/30 (43%) green days and about 6.71% price volatility. Those numbers suggest that, for now, traders remain cautious even as longer-term charts are cited as bullish. Bitwise DOGE ETF Reports note that Bitwise moved forward with a DOGE ETF filing under Section 8(a) using CF Benchmarks’ settlement price, an action that could draw institutional interest if it progresses. Related Reading: XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Meanwhile, on-chain snapshots indicate that large holders are trimming supply, while retail activity has ticked up and some momentum indicators have turned higher. According to Bitwise, its fund would use the CF DOGE-Dollar Settlement Price from CF Benchmarks to calculate net asset value, which provides transparent, rules-based pricing across venues. If approved, this structure could make DOGE more accessible to institutions needing a regulated vehicle, potentially boosting order book depth and easing inflows or outflows. This increased access, combined with clearer pricing, could explain the recent movements in the market value of DOGE. Featured image from Gemini, chart from TradingView
Institutional capital is circling back to Solana (SOL) as Spot Exchange Traded Funds (ETFs) open the gates to a new wave of inflows. Solana’s resurgence has caught the attention of the broader crypto community, recording consistent daily inflows and experiencing momentum it has not seen in months. The question now remains whether this steady buildup of institutional accumulation could eventually propel SOL’s price toward the $300 mark. Solana Records 11 Days Of Consecutive ETF Inflows The Solana price is currently hovering above $156, roughly half of its ATH of just over $294 set in January 2025. Over the past few months, the altcoin has experienced significant volatility, including a 20% decline in the last month. During this period, there was little news to drive the market. However, the recent surge in SOL ETF activity could signal a potential turnaround for Solana’s price. Related Reading: Institutional Investors Are Buying XRP And Solana At An Accelerated Rate While They Dump Bitcoin According to data from SoSoValue, US Spot Solana ETFs have witnessed a cumulative total net inflow of $350.47 million in less than two weeks. This suggests that institutions have been buying Solana ETFs every single day since its launch, signaling confidence in the current volatile market. Today, the daily total net inflow of Solana ETFs reached $7.98 million, approximately $1.2 million higher than the previous day’s $6.78 million. SoSoValue’s chart shows that the highest daily inflow during the past 11 days occurred on November 3, when Solana ETFs drew an impressive $70.05 million from both Bitwise and Grayscale. Bitwise’s BSOL ETF has been the primary driver of this steady inflow, accounting for $331.74 million of the total, while Grayscale’s GSOL ETF contributed a modest $18.72 million. The data underscores that institutions are not only showing interest in these new crypto investment products but are actively establishing long-term positions in Solana exposure. Considering Bitcoin ETFs drive the cryptocurrency’s price to former ATHs in 2024, Solana could see a similar response if ETF inflows remain strong and the broader market sentiment stays positive. While it remains unclear whether the cryptocurrency can reach $300, the steady accumulation from institutions provides a constructive foundation for future price appreciation. Grayscale Expands Trading Access With Solana ETF New reports reveal that Grayscale has added another layer of optimism to the SOL news by announcing that options trading for its Solana Trust ETF is not yet live. This provides investors with additional opportunities to gain exposure to the cryptocurrency, manage risk, and trade around Solana’s price movements. Related Reading: Solana To Dethrone Bitcoin And Ethereum? Here’s How The First SOL ETFs Are Faring Grayscale has announced that the Solana Trust will offer 100% staking, zero fees, and an average staking rewards rate exceeding 7%, making it an attractive option for investors seeking both exposure and yield. As Grayscale’s new moves strengthen Solana’s presence in the digital asset landscape, the introduction of options trading could also improve liquidity for the cryptocurrency. Featured image from Pixel Plex, chart from Tradingview.com
Meanwhile, Canary Capital filed the 8-A form for its spot XRP ETF, setting expectations for an official launch later this week.
The crypto industry is approaching a major milestone as the market anticipates the potential approval of an XRP Spot ETF in the United States (US). Analysts suggest that recent developments regarding the US Securities and Exchange Commission’s (SEC) review could deliver the final nail in the coffin for XRP. With ETF filings still awaiting approval, the market is watching closely, as a green light could pave the way to greater mainstream adoption and institutional investment in XRP. XRP ETF To Become Game-Changer For The Market Nate Geraci, President of NovaDius Wealth Management and co-founder of The ETF Institute, recently stated on X social media that the first Spot XRP ETF could launch within the next two weeks. He described this event as the “final nail in the coffin” for the previous wave of anti-crypto regulators. Related Reading: Analyst Predicts XRP Price Will Decouple From Bitcoin, Here’s What Would Happen Notably, the US SEC had been involved in litigation against Ripple for five years, which concluded about three months ago. Geraci believes that the approval of a Spot XRP ETF represents a significant step forward for not only XRP but also the broader cryptocurrency industry. The temporary delay caused by the US government shutdown, which started in October, has pushed back XRP ETF approvals. However, new reports of bipartisan efforts to reopen government operations have reignited expectations of an ETF. Geraci pointed out in a subsequent X post that the end of the government shutdown could unleash a wave of crypto ETF launches, with a 33 Act spot XRP ETF likely coming this week. Recently, the US Depository Trust & Clearing Corporation (DTCC) listed nine new Spot XRP ETFs on its platform, increasing expectations of a launch this November. The list includes XRP ETFs from top asset managers such as Bitwise, Franklin Templeton, Canary Capital, Volatility Shares, CoinShares, T-Rex Osprey, 21Shares, and many others. ETF Filing Amendment Brings Launch Closer Than Ever Further evidence that an XRP ETF may be imminent comes from recent filing updates by leading issuers. Eric Balchunas, senior ETF analyst at Bloomberg, reported that 21Shares has submitted an 8(a) form with the US SEC on November 7 for its spot XRP ETF. The new changes in the filing officially activate a 20-day countdown for the approval and launch of an XRP ETF by November 27. Related Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced Crypto commentator John Squire also noted that if the US SEC does not take action within the allotted period, the approval would automatically proceed. Similarly, multiple issuers, including Canary Capital, have also withdrawn “delaying amendments,” triggering the same 20-day automatic approval countdown. Notably, these filings suggest that the market is moving closer to a regulatory green light for XRP ETFs. Amid recent developments, Squire has pointed out that the US has never been this close to fully approving an XRP ETF. Should the SEC give its authorization, it could significantly transform trading volume, liquidity, and institutional participation in the market. It would also expand the current major ETF offerings beyond just Bitcoin and Ethereum. Featured image from Peakpx, chart from Tradingview.com
The weak action happened despite SOL exchange-traded products booking their second strongest weekly inflow on record driven by the new ETFs, CoinShares said.
Bitwise Chief Investment Officer Matt Hougan is now applying his long-standing Bitcoin framework to Solana — and he’s calling the setup “explosive.” In an October 29 memo, Hougan says the best trades in crypto are the ones where you get “two ways to win” with one position. For Bitcoin, he defines those two bets as: “1) The global ‘store of value’ market will grow. 2) Bitcoin will take an increasing share of that market.” He says only one of those outcomes has to be true for Bitcoin to work. Hougan sizes that “store of value” market at roughly $27.5 trillion today, including about $25 trillion in gold and $2.5 trillion in Bitcoin. He argues investors focus too much on Bitcoin replacing gold and not enough on the overall market itself expanding. Related Reading: Solana Eyes $210 Before Its Next Major Move—Uptrend Or Fakeout Ahead? He notes that this market has already grown by roughly 10x in the last 20 years, from under $3 trillion in 2005 to $27.5 trillion today. In his view, if that repeats, Bitcoin can 10x without needing to fully displace gold. If, on top of that, Bitcoin also closes the gap with gold and ends up with half of the total store-of-value market, “every bitcoin would be worth $6.5 million.” He adds, “I’m not saying that will happen,” but he uses the math to show how powerful the dual-bet structure can be. Solana’s Dual Growth Could Mirror Bitcoin Hougan now argues Solana fits the same model. “When I invest in Solana, I am also making two bets at once,” he writes. Those two bets are: “1) The stablecoin and tokenization infrastructure market will grow. 2) Solana will win an increasing share of that market.” He defines that market as the set of blockchains that power stablecoin payments and asset tokenization today. He names Ethereum as “the market leader,” and lists Tron, Solana, and Binance Smart Chain as major challengers in stablecoins. Together, he says, those networks represent $768 billion in market value. Solana’s share of that is $107 billion, or roughly 14%. For Hougan, that is the opening. He says he has “a lot of confidence that the stablecoin and tokenization infrastructure market will grow,” and argues most people “significantly underestimate how much these technologies will remake markets.” His long-run claim is blunt: “Over time, I suspect nearly all payments will be in stablecoins and nearly all assets will be tokenized.” If that plays out, “the blockchains that facilitate this growth will be extremely valuable.” He calls it “easy to imagine this market growing by 10x or more.” Related Reading: Bitwise CIO Predicts Solana Staking ETF Will Be ‘Huge’ As First Day Volume Hits $56M The second part, in his view, is Solana’s ability to capture more of that expansion. He calls Solana “fast” and “user-friendly,” backed by a community with a “ship-fast attitude.” He also notes that Solana is still “playing catch-up” in winning institutional mandates, but says that is starting to change. As an example, he cites Western Union’s announced stablecoin effort this week, and points out that Western Union chose Solana as the underlying blockchain. Hougan’s argument is that if the overall market for stablecoin settlement and tokenized assets 10xes, and Solana grows its share of that market from 14%, the result is not linear — it compounds. “If I’m right,” he writes, “the combination of a growing market and a growing share of that market will be explosive for Solana. Just as with bitcoin.” He closes with a note on positioning. Crypto, he says, rewards humility because “even the most seasoned experts don’t know exactly how things will play out.” But he says you can still tilt odds in your favor by owning assets that embed two high-conviction bets at once. In his view, Bitcoin already fits that profile. Solana now does too. At press time, SOL traded at $186. Featured image created with DALL.E, chart from TradingView.com
One onchain observer noted a large transaction by Jump Crypto, speculating that the crypto firm might be rotating SOL into BTC, perhaps weighing on sentiment.
Solana is well-positioned to capture a growing share of the stablecoin and tokenization boom, the investment firm said.
For years, Solana was seen as crypto’s fast but fragile alternative to Ethereum, which was admired for its speed but dismissed as untested. However, that perception shifted dramatically this week. Record launch On Oct. 28, Bitwise’s Solana Staking ETF (BSOL) debuted with $69 million in first-day inflows, the strongest launch among roughly 850 ETFs introduced […]
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Crypto analyst Remi has made his bull run predictions for coins like XRP, Solana, and Cardano. Despite the price targets being ambitious, the analyst described them as “semi-conservative,” suggesting the coins could rally much higher. XRP And Solana To $1,000, And Cardano To $100 In an X post, Remi predicted that XRP and Solana will rally above $1,000 while Cardano will reach $100. He stated that these price targets are based on information, research, and historical performance. The analyst also made predictions for HBAR, XLM, ONDO, LINK, XDC, and QNT, all of which he expects to record astronomical gains. Related Reading: Technical Analysis Suggests XRP’s Playbook From 2017 Could Repeat In 2025 Interestingly, the analyst stated that these were semi-conservative targets for XRP, Solana, and Cardano and that he personally thinks they could rally higher. He added that these targets might not even come close to his expectations and that they are simply based on utility and a super cycle without any black swan events. Remi also advised investors not to make the same mistake he made during his first bull run by leaving profits on the table in hopes that coins like XRP, Solana, and Cardano will go higher. He told them not to be greedy and take profits at different intervals. The analyst added that they should not wait for the high numbers because they might not happen for various reasons. Furthermore, the crypto analyst advised investors on custody, urging them to secure their XRP, Solana, and Cardano in a cold wallet. He explained that crypto exchanges are “in it to win it” and are not here for the customers. Meanwhile, the analyst didn’t mention what utility could spark these runs for these coins. However, it is worth noting that XRP, Solana, and Cardano are all set to have their spot ETFs, although it remains to be seen how high these coins could reach on the back of these institutional inflows. Why the Price Targets Are Not “Crazy” Remi admitted that the price targets for XRP, Solana, and Cardano may seem crazy, but assured that they are not. He explained that the market cycle is now 5 years instead of 4, indicating that “huge numbers are coming.” He noted that these big numbers will coincide with the voting season. Related Reading: Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend This is why he thinks there will be a super cycle that runs into the fourth quarter of next year. He told XRP, Solana, and Cardano holders to be mindful of the winter Olympics next year, in February, warning that any major attack during the event would disrupt the cycle. As such, he remarked that it may be wise to take a little profit early on before the event. Notably, experts like Bitwise CIO Matt Hougan have also stated that the four-year cycle is likely over, predicting that the bull run could extend. Featured image from Peakpx, chart from Tradingview.com
Bitwise CIO Matt Hougan says gold's 2025 rally offers a roadmap for bitcoin, arguing that steady ETF and corporate buying could spark BTC's next breakout.
Institutional access, a surging debasement trade, and bitcoin’s rally above $125,000 are setting the stage for the strongest quarter ever for ETF flows.
Institutional investors have now shifted to more sophisticated and reliable analysis methods for selecting crypto investments as the digital asset market matures, according to Bitwise's Hunter Horsley.
Two of the largest digital asset managers, Bitwise and 21Shares, have made a notable update to their Ethereum and Solana ETF filings that could signal a shift in how crypto exchange-traded products operate in the United States. According to amended S-1 statements filed with the U.S. Securities and Exchange Commission (SEC), both issuers now reference […]
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Matt Hougan, Bitwise’s Chief Investment Officer, posted a brief, bullish note on social media on Oct 6, 2025, writing “$1 trillion inbound….” Related Reading: All Eyes On Solana: $15-B Stablecoin Supply, ETF Demand Drive Next Leg Up Based on reports, that short message kicked off fresh coverage and debate about how large Bitcoin-focused funds could get if current trends continue. Bitcoin was trading near a fresh high at the time, which helped the comment spread quickly. Context Around The Claim Bitcoin hit a new all-time high of $126,080 on Oct 7, 2025. At the same time, data cited by several outlets put global Bitcoin fund assets under management at about $200 billion. Those two figures were used by many market watchers to give the $1 trillion remark context: higher prices + rising fund flows = a much larger market for managed Bitcoin products. $1 trillion inbound…. https://t.co/6qTb3cOqg9 — Matt Hougan (@Matt_Hougan) October 6, 2025 Hougan’s post was not a detailed forecast. It was short and informal. According to coverage, many crypto sites simply reposted the message and tied it to recent ETF inflows and renewed institutional interest. The post did not include a timetable or the assumptions required to get from roughly $200 billion to $1 trillion, and the lack of detail left room for analysts to disagree. Market Reactions And Caution Several mainstream outlets treated the remark as bullish but urged caution. Reuters and other outlets pointed out that institutional adoption is still limited when compared to traditional asset classes. According to some analysts, getting to $1 trillion in Bitcoin fund AUM would mean a big, sustained shift by large investors such as pension plans and big wealth managers, not only short-term retail buying or a single strong month of inflows. Simple Math, Big Gaps If global fund AUM is about $200 billion now, reaching $1 trillion would mean a growth of five times that level. That implies adding roughly $800 billion in assets to crypto funds. Those are not small sums. They would require consistent flows over many months or years, plus choices by big institutions to allocate meaningful portions of their portfolios to Bitcoin. Related Reading: 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now What Needs To Happen Analysts say several things would have to happen for that scenario to play out. Based on reports, regulators would need to stay predictable, more large money managers would have to offer and scale Bitcoin products, and major institutional investors would have to shift part of their capital toward these funds. Hougan’s short message has, at minimum, renewed a public conversation about how big Bitcoin investment products might become. Featured image from Wallpapers.com, chart from TradingView
The value of crypto comes from the massive markets it aims to disrupt, not small, niche plays, the report said.
The Crypto Fear and Greed Index has slipped to its lowest level since March, raising fresh concerns over investor confidence even as Bitcoin and Ethereum attempt a recovery. Data shared by CryptoQuant analyst JA Maarturn on Sept. 29 showed sentiment falling from a neutral 40 in August to an extreme fear level of 28. The index […]
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Digital asset treasuries are now allocating to ether at scale, creating structural demand that exceeds new supply, the report said.
Crypto analyst CryptoELITES has predicted that the Dogecoin price could reach $5, providing a bullish outlook for the foremost meme coin. The analyst also mentioned what needs to happen for DOGE to reach this ambitious price target. Dogecoin Price Eyes Rally To $5 If This Happens In an X post, CryptoELITES stated that the target for the Dogecoin price is $5 after a DOGE ETF launches. The analyst opined that a huge wave of institutional money is about to flow into meme coins very soon, with this money coming through the ETFs. Notably, REX-Osprey is launching the first Dogecoin ETF today. Related Reading: Dogecoin Price Eyes 1,250% Surge To $3.5 – Here’s The Roadmap The REX-Osprey Dogecoin ETF will provide institutional investors with spot exposure to DOGE and could serve as a catalyst for a Dogecoin price rally to $5, as CryptoELITES predicts. New capital could flow into the DOGE ecosystem through this ETF, which would spark higher prices for the foremost meme coin. Furthermore, it is worth mentioning that more Dogecoin ETFs could launch soon enough, especially with the SEC’s approval of generic listing standards, which help fast-track crypto ETF listings. Bloomberg analyst Eric Balchunas revealed that DOGE is one of the crypto assets that has futures on Coinbase, which makes it eligible for faster listing under the SEC’s new rule. Notably, Grayscale, Bitwise, and 21Shares have filed for a DOGE ETF, and their respective funds could launch soon, which is bullish for the Dogecoin price. The launch of these other ETFs besides the REX-Osprey ETF means that more liquidity could flow into the meme coin’s ecosystem, although it remains to be seen if the $5 target is achieved. Meanwhile, CryptoELITES had also previously predicted that the Dogecoin price could reach $5 from a technical analysis perspective. The analyst cited DOGE’s historical cycles and the gains it recorded previously as the reason why the meme coin could reach this target. $10 DOGE Target Still In Place Crypto analyst DOGECAPITAL has again reiterated his $10 target for the Dogecoin price in this cycle. He believes that the meme coin can reach and surpass this target based on historical trends. He noted that each cycle’s first year (2013, 2017, and 2021) has historically delivered the strongest gains. Related Reading: Dogecoin Price Just Broke A Regional High For The First Time This Year, Why A 300% Rally To $1 Is Possible The analyst noted that in the current cycle, the pattern suggests that the Dogecoin price could be in for substantial upside this year if history repeats, although the yearly candle hasn’t closed yet. His accompanying chart showed that DOGE could even reach as high as $36 in this cycle. Meanwhile, DOGECAPITAL predicted that Dogecoin’s cycle could extend from the projected October cycle top if Bitcoin’s does. At the time of writing, the Dogecoin price is trading at around $0.28, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
As Solana (SOL) taps the $225 barrier, Bitwise’s CIO forecasted that a bullish Q4 rally might be brewing for the altcoin if it follows Bitcoin (BTC) and Ethereum’s (ETH) recipe. Related Reading: Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate Solana To Follow BTC, ETH’s Recipe? On Tuesday, Matt Hougan, CIO at Bitwise, affirmed in a new memo to clients that the recipe for strong returns has been clear over the past 18 months: “Take one part ETP inflows, add strong corporate treasury purchases, and voilà—you get big returns.” Hougan explained that BTC followed this recipe since January 2024, while ETH discovered the same formula in April 2025. “It’s no surprise that the recipe works. It’s classic supply and demand,” he stated, adding that “all the ingredients are there for an epic end-of-year run for Solana.” As the CIO highlighted, multiple issuers, including Bitwise, Grayscale, and VanEck, have filed to launch spot SOL exchange-traded products (ETPs), which are expected to be approved at the start of Q4. As reported by NewsBTC, the US Securities and Exchange Commission (SEC) announced last month that it had pushed back its decision on Bitwise, 21Shares, VanEck, Grayscale, and Canary Capital’s spot SOL exchange-traded funds (ETFs) for two months, pushing it to October 16, 2025, “meaning we may have multiple issuers pushing spot Solana ETPs in Q4.” Meanwhile, three major firms, Galaxy Digital, Jump Crypto, and Multicoin Capital, recently secured $1.65 billion in cash and stablecoins to launch a publicly traded SOL-focused treasury company, Forward Industries, to purchase SOL, stake it, and generate excess return. Hougan also noted that Forward Industries named Kyle Samani, who has been among the cryptocurrency’s most consistent promoters, as chairman. To Bitwise’s CIO, if Samani can “carry the Solana message” like Michael Saylor and Tom Lee have done with Bitcoin and Ethereum, it will help drive investor demand. SOL’s Secret Ingredient Hougan pointed out that the existence of ETPs and treasury companies does not guarantee demand, adding that there must be fundamental reasons for investors’ interest in those vehicles. “Solana is an Ethereum competitor,” he asserted, “it’s a programmable blockchain designed to host stablecoins, tokenized assets, and decentralized finance applications, among other things.” The blockchain recently approved a major technical upgrade that will make it one of the fastest networks in the world. Additionally, it is also third in stablecoin liquidity among programmable blockchains and fourth in tokenized assets, recording rapid growth in this sector. Nonetheless, he argued that there’s a key difference between SOL and the two leading cryptocurrencies. While Bitcoin’s market capitalization sits around $2.2 trillion, and Ethereum’s is near the $530 billion mark, Solana’s market capitalization is around $120.8 billion, 1/20th the size of BTC and less than 1/4th the size of ETH. “Scaled for the size of the blockchain, a relatively small amount of flows into Solana could significantly impact prices,” Hougan explained. Related Reading: Worldcoin Jumps 42% Following Eightco’s Announcement Of First WLD Treasury Strategy He detailed that Forward Industries’ $1.6 billion purchase of SOL shares would be the equivalent of $33 billion in BTC purchases, noting that this could be slightly offset by Solana’s higher annual inflation rate of 4.3%, versus Bitcoin’s 0.8% and Ethereum’s 0.5%. “The setup is still attractive,” he concluded, suggesting that investors keep their eyes on Solana in the coming months. As of this writing, Solana is trading at $222, a 5.1% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Bitwise CIO Matt Hougan has stated that a growing number of professional investors are skipping Bitcoin and turning directly to Ethereum as their first crypto investment. This has long been regarded as the entry point into digital assets, and Bitcoin is now sharing the spotlight with Ethereum. Ethereum Emerging As First Choice For Professional Investors In Ripdoteth’s update on X, Bitwise CIO Matt Hougan has revealed on live that an interesting trend is emerging. He claims that many professional investors are bypassing Bitcoin and going directly to Ethereum, whose utility in decentralized finance, smart contracts, and Web3 applications is increasingly drawing institutional capital. The reason he explains is rooted in how institutions already think about portfolio construction. Related Reading: You Know Bitmine Has Been Buying Ethereum, But Can You Believe How Much ETH The Company Now Holds? According to the expert, most professional investors don’t actually own gold. This is because Gold is considered a niche asset, with perhaps only 15% to 20% of institutions holding it, while the vast majority of 80% or more invest in stocks and bonds. Since Bitcoin is often framed as digital gold, its appeal is limited for many professionals who never allocated to gold in the first place. “A lot of people look at Bitcoin like it’s digital gold. I don’t own gold, but I do own technologies,” Hougan stated. ETH fits naturally into the portfolios of those who already allocate to innovative technologies. With tokenization and stablecoins gaining traction, he expects institutional flow into ETH to continue building momentum. ETH Hits All-Time Highs As Institutions Target Long-Term Holdings While institutions see Ethereum as the exposure to the technological backbone of a digital economy, Wall Street FOMO has hit historic levels, as the US institutional appetite for ETH is reaching unprecedented heights. Related Reading: Bitcoin & Ethereum Whale Populations Quietly Growing, On-Chain Data Reveals Crypto trader Bull Theory has highlighted that in August 2025 alone, Ethereum Spot ETFs purchased $3.87 billion worth of ETH, driven almost entirely by professional investors chasing long-term exposure. Leading the charge is $11 trillion asset manager BlackRock, which allocated $3.38 billion worth of ETH and $707 million in Bitcoin, highlighting a clear preference for ETH over BTC. This wave of institutional buying pushed Ethereum to new all-time highs in August. Importantly, the majority of these purchases are intended for long-term holdings, reducing immediate sell pressure and supporting sustained price momentum. If ETH closes above $4,630, it will mark the highest monthly close since the 2021 bull run. Furthermore, Ethereum’s transaction volumes surged past $320 billion on-chain, reflecting broad engagement across decentralized finance, stablecoins, and tokenized assets. Meanwhile, staking continues to attract Wall Street attention, with nearly 36 million ETH, which is 29% of the total circulating supply, now locked in staking contracts. With 3% staking rewards, Ethereum provides institutional investors with a steady dividend, making it more appealing for long-term portfolios. Featured image from iStock, chart from Tradingview.com
Bitwise Chainlink ETF aims to provide investors with direct exposure to LINK and has named Coinbase Custody as the proposed custodian for the tokens.