Crypto News. October 28, 2025
ft Bitwise, Canary Capital, ETHzilla, Coinbase, Monad, Mt Gox
Bitwise Solana Staking ETF (BSOL) to debut trading on NYSE today. It’s the first ETP offering 100% direct exposure to spot SOL
Canary Capital to launch the first US ETFs for Litecoin and Hedera on Nasdaq today
ETHZilla sold about $40M in ETH to fund share buyback
JPYC Inc launched Japan’s first legally recognized yen denominated stablecoin on Eth, Avax and Polygon networks
IBM launched Digital Asset Haven, a platform for institutions, governments, and corporations to manage digital asset operations, developed with Coinbase backed Dfns
Coinbase invested in Kite AI Series A round, bringing x402 natively to Kite AI L1
Monad announce airdrop allocation reveal will happen today
BNB burnt 1.4M BNB $1.661B their 33rd quarterly burn aiming for 100M BNB burnt
Mt Gox pushed back repayment deadline by another year
MetaMask launched multichain accounts, letting one account manage addresses across Ethereum, Solana, and soon Bitcoin network
Nasdaq listed and David Beckham backed Pharma, Prenetics Global raised $48M to boost its bitcoin treasury strategy
The clustering of these ETF launches in one day is kind of insane when you think about it. Solana, Litecoin, and Hedera all getting institutional grade products on major exchanges simultaneously feels like a watershed moment for altcoins. What strikes me is how diferent the use cases are, Solana's got the DeFi and NFT narrative, LTC is digital silver legacy, and HBAR is enterprise blockchain with the governing council structure. Yet they all get validated at the same time. The Mt Gox delay is interesting to see in the same news batch too. Another year of overhang risk for BTC just as these altcoin ETFs are trying to attract capital. Could actually help altcoin season if investors look for exposure without that sellng pressure. The MetaMask multichain accounts feature also deserves more atention, that's lowering barriers to cross chain activity in a big way.