Bitcoin Recovers After Drop Below $81,000 as Liquidations Top $800M
Bitcoin rebounded to about $83,740 after an overnight drop below $81,000, while 24-hour crypto liquidations exceeded $800 million, mostly in longs.
Cryptocurrency ETF covers the fast-growing market for exchange-traded funds tied to digital assets, bringing together news, analysis, and explainers on spot and futures-based products linked to bitcoin, ethereum, and other crypto exposures. Coverage focuses on fund launches, regulatory approvals, issuer competition, institutional flows, market impact, and how ETF structures are reshaping access to crypto for both retail and professional investors.
Bitcoin rebounded to about $83,740 after an overnight drop below $81,000, while 24-hour crypto liquidations exceeded $800 million, mostly in longs.
Pando’s spot Solana ETF is set for an October 13 Hong Kong listing, with a 0.6% management fee, HashKey custody and no staking of its SOL…
South Korea’s Jeonbuk Bank has completed a Bitcoin-backed corporate loan pilot, with specialist custody and a court-based recovery structure.
Evernorth is set to begin trading as XRPN after closing its SPAC merger, with approximately 473 million XRP and $300 million in gross cash proceeds.
SWI’s €800 million raise values the group at €6.1 billion as it redirects Genesis Digital’s infrastructure toward AI computing in Europe and the US.
Nasdaq CEO Adena Friedman says tokenization could free tens of billions in collateral as institutions build infrastructure for always-on markets.
Grayscale sees room for more crypto ETFs as Zcash demonstrates demand and filings outline tokenized Bitcoin and Ether covered-call funds.
South Africa’s FNB now offers five crypto assets from R10 through its investment platform with VALR, but customers cannot transfer tokens in or out.
Cardano’s CIP-0113 standard is live on mainnet, enabling issuer-defined freezes, seizures and transfer rules for regulated tokens without changing ADA.
Ripple Prime will provide Brevan Howard funds with prime brokerage, clearing and financing across digital assets and traditional markets.