💵Crypto ETF Inflows Soar

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Inflows to Crypto ETFs are surging, with investors piling $4 billion into the funds over the past 10 days. Ethereum ETFs are on a run, with the funds operated by BlackRock and Fidelity buying up $500 million in two days.

French Hill, a pro-crypto congressman, will chair the House Financial Services Committee in 2025. Hill spearheaded the FIT21 bill last year.

World Liberty Financial’s first governance proposal was approved, paving the way for the project to launch a bespoke instance of Aave v3.

Also, Solana DEXes exceed $900 billion in cumulative volume, 69% of Dogecoin nodes drop offline, OnChain Heroes NFTs rally 13x in one day, and Sushi unveils 2025 roadmap.

✍️ In today’s newsletter:

Bitcoin ETFs sustain 10 consecutive daily inflows
BlackRock and Fidelity ETFs accumulate Ether
French Hill to chair House Financial Services Committee
World Liberty Financial approves Aave v3 deployment
Solana DEXs host $920 billion in all-time volume
Dogecoin exploit knocks 69% of nodes offline
NFT traders spike OnChain Heroes tokens
Sushi roadmap ignites rally

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🏆Bitcoin and Ethereum ETFs Continue Winning Streak

Institutional investors are piling into crypto ETFs, with the sector attracting inflows of more than $4 billion in the past 10 days. The sustained inflows come in spite of digital assets pulling back at the start of the week.

💰BlackRock and Fidelity Make ETH Purchase Worth $500 Million in Two Days

Spot Ethereum ETFs are on fire, with the funds taking in 95% of the sector’s $2.24 billion cumulative inflows over the past three weeks. BlackRock and Fidelity’s ETFs accumulated $500 million worth of Ether in the past two days.

🏛️Pro-Crypto Congressman French Hill To Chair House Financial Services Committee

Republican Congressman French Hill, the chairman of the House Subcommittee on Digital Assets, will chair the House Financial Services Committee from next year. Hill is an ally to the crypto industry, and reportedly plans to launch an investigation into Operation Choke Point 2.0.

✅World Liberty Financial’s Governance Approves Aave Deployment

WLFI holders approved a governance proposal outlining plans for World Liberty Financial, the DeFi project linked to the family of Donald Trump, to launch an instance of Aave v3. The proposal must now pass AaveDAO governance.

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Stellar has launched Build Better, a new initiative intended to bridge the gap between Web3's ambitious visions and making an impact in the real world. The campaign invites community members to share their ideas for improving the worlds of finance, creativity, and access, with the best concepts being developed at an upcoming hackathon in Prague.

Over eight weeks, the initiative will collect community input through polls, questions, and video submissions, focusing on the central question: "What would you build better?" These ideas will shape hackathon tracks where developers will then work to bring them to life. Participants can win from a $30K USD prize pool.

📈Cumulative Solana DEX Volume Approaches $1 Trillion

Solana-based decentralized exchanges have processed more than $920 billion in cumulative volume. The vast majority of trades took place this year amid the memecoin trading frenzy kicked off by the launch of PumpFun.

💥Dogecoin Network Hit by Vulnerability, 69% of Nodes Crashed

A hacker targeting a flaw in Dogecoin’s code caused 69% of the network’s nodes to go offline. The price of DOGE shrugged off the turmoil, with DOGE down just 0.9% in the past 24 hours.

🚀OnChain Heroes NFT Mint Leads GameFi Rally

The floor price of the freshly launched NFT collection OnChain Heroes surged by 1,250% on debut. The tokens soared to a floor price of 2.7 ETH, up from a mint price of just 0.2 ETH.

🍣SUSHI Rallies on 2025 Roadmap Release

The price of SUSHI is rallying after the project unveiled its 2025 roadmap. Sushi will focus on building out its multi-chain ecosystem next year, including launching a revamped exchange on Solana, a swap aggregator, and an orderbook-based perpetuals DEX.

🌍 ELSEWHERE

Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield (CoinDesk)
How a Bitcoin ATM Operator Thinks Hackers Accessed Personal Data for 58,000 Users (Decrypt)
$50 Million Radiant Capital Hack Traced to North Korean Cybercriminals (BeInCrypto)
How Warren’s Power on Senate Banking Is Backfiring in Caroline Crenshaw Confirmation (Unchained)