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Bitwise Solana ETF Is First to Cross $1 Billion
Markets

Bitwise Solana ETF Is First to Cross $1 Billion

Glassnode reported $138 million of Solana ETF inflows over 10 days, while BSOL captured nearly four-fifths of cumulative flows among six products tracked by Farside.
Ethena Plans Equity-Perpetual Basis Trades for USDe Backing
DeFi

Ethena Plans Equity-Perpetual Basis Trades for USDe Backing

The announced rollout is still forthcoming, with the first partner exchange announcements and deployments expected in the coming weeks.
Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist
CeFi

Coinbase and Better Take Bitcoin-Backed Mortgages Beyond the Waitlist

The product pairs a conventional home loan with a separate downpayment loan secured by pledged bitcoin and a second lien on the property.
Schwab Crypto to Add SOL, AVAX and LINK to Bitcoin-and-Ether Lineup
TradFi & Fintech

Schwab Crypto to Add SOL, AVAX and LINK to Bitcoin-and-Ether Lineup

The retail platform began rolling out in May, while a separate advisor-channel crypto service is targeted for mid-2027.
39 State Banking Groups Form BankChain Alliance for 2027 Blockchain Launch
TradFi & Fintech

39 State Banking Groups Form BankChain Alliance for 2027 Blockchain Launch

The industry-owned network is still selecting a technology partner and would support tokenized deposits, stablecoins, smart payments and automated settlement.
Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base
TradFi & Fintech

Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base

Only the Mag7X strategy is active at launch, holding four Coinbase-issued stock tokens; two additional Bitwise models remain marked ‘coming soon.’
Ex-X Product Chief Says Trade Buttons Coming
TradFi & Fintech

Ex-X Product Chief Says Trade Buttons Coming

Nikita Bier left the role on Aug. 5. No X corporate account has ever announced a trading feature, and Bier said in February that the company is not handling trade execution.
Bitcoin Stalls a Cent Below $80,000 as Altcoins Give Back Weekend Gains
Markets

Bitcoin Stalls a Cent Below $80,000 as Altcoins Give Back Weekend Gains

Bitcoin touched $79,999.99 on Coinbase before easing, its highest level since May, while 80 of the 123 largest non-stablecoin tokens fell on the day. Total crypto market value declined even as bitcoin rose.
Coinbase Launches Tokenized Stocks On Base
DeFi

Coinbase Launches Tokenized Stocks On Base

Four tokens covering Nvidia, Apple, Meta and Alphabet went live for non-US users, with about $4.5 million minted and $3 million of DEX liquidity on day one. Chainlink price feeds run 24/5 while the tokens trade 24/7.
Bitcoin Posts Biggest Week Since 2024 as Trump Pushes Senate on CLARITY Act
Markets

Bitcoin Posts Biggest Week Since 2024 as Trump Pushes Senate on CLARITY Act

Bitcoin gained 22.6% over seven days, its largest advance over any seven-day window since November 2024, after the president told crypto executives at the White House that Congress needs to pass market structure legislation.