Trump said he expects to lower fentanyl-linked tariffs on China ahead of a meeting with Chinese Xi Jinping in South Korea. Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data from ADP. Japan's consumer sentiment improved for the third straight month in October to the highest level in ten months, with the seasonally adjusted consumer confidence index rising to 35.8 in October from 35.3 in September.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$202.5M
+35.6%
$351.8M
$154.8B
$4.2B
ETH ETFs
$246.0M
+83.7%
$379.9M
$27.7B
$1.6B
US BTC Spot ETF Flows
US ETH Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$472.50M
-
$+197.93M (+72.09%)
Shorts
$147.63M
31.2%
$+74.17M (+100.96%)
Longs
$324.87M
68.8%
$+123.77M (+61.54%)
BTC
$112.24M
23.8%
$+50.00M (+80.32%)
ETH
$155.88M
33.0%
$+63.48M (+68.70%)
The SEC approved the first Solana staking ETF launching Tuesday (alongside Bitwise's SOL ETF and Canary's Litecoin and Hedera ETFs), which Bitget analyst Ryan Lee expects to attract $3-6 billion in the first year thanks to its 5% staking yield, marking Solana's entry into the "big league" alongside Bitcoin and Ethereum and potentially driving broader institutional adoption of altcoins through compliant yield-generating structures, according to projections aligned with JPMorgan's $3-6 billion forecast.
Bitwise's Solana staking ETF debuted with a record $55.4 million on its first day, surpassing all other crypto ETF launches this year, while Canary Capital simultaneously launched Hedera and Litecoin ETFs.
BlackRock-backed RWA tokenization company Securitize is going public via a $1.25 billion SPAC merger with Cantor Fitzgerald affiliate Cantor Equity Partners II to list on Nasdaq, according to Tuesday's announcement, with the company previously raising funds from BlackRock, ARK Invest, and Morgan Stanley Investment Management and serving as the tokenization provider for BlackRock's BUIDL fund that was recently integrated into DeFi.
UK-based crypto staking firm KR1 is moving its listing from the Aquis exchange to the London Stock Exchange's main market next month as the UK's Financial Conduct Authority adopts a more crypto-friendly stance by permitting crypto ETPs to trade on the LSE and the Bank of England reconsiders proposed stablecoin caps (initially $27,000 for individuals and $13 million for companies) amid global regulatory competition from the US GENIUS Act, while Argo Blockchain will delist from the LSE after six years as part of a restructuring.
OpenAI has formalized its ties with Microsoft, granting the company long-term access to its AI models and securing a $250 billion commitment to Azure.
Visa CEO Ryan McInerney announced on Tuesday's Q4 earnings call that the payments giant is adding support for four stablecoins across four blockchains (beyond its current support for USDC, EURC, PYUSD, and USDG on Ethereum, Solana, Stellar, and Avalanche) and will enable banks to mint and burn stablecoins, as global consumer spending in Visa's stablecoin-linked card services increased fourfold in Q4 year-over-year with monthly volume surpassing a $2.5 billion annualized run rate after facilitating $140 billion in crypto flows since 2020.
Western Union selected Solana for its Digital Asset Network and US Dollar Payment Token (USDPT) stablecoin launching in the first half of 2026 in partnership with Anchorage Digital Bank.
