Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?

Some of Bitcoin’s greatest holders, popularly identified as whales, are quietly transferring billions of {dollars}’ value of cash into spot exchange-traded funds (ETFs). On Oct. 21, Bloomberg reported that these whales executed roughly $3 billion in in-kind transfers by means of BlackRock’s iShares Bitcoin Trust (IBIT). Instead of promoting, they handed their Bitcoin to the…

Solana spent years constructing a staking tradition wherein over two-thirds of the circulating provide is delegated to validators, incomes roughly 6% yearly from inflation and charges. Non-staking Solana ETFs would possibly simply change this dynamic. Now that reflexive on-chain participation faces a brand new competitor: exchange-traded funds that both can’t or is not going to…