Spot Ether ETF inflows have surpassed Bitcoin ETFs during the third quarter of 2025, signaling dormant appetite for regulated altcoin investments. Institutional investors may turn their attention to altcoins as the next wave of cryptocurrency exchange-traded funds (ETFs) arrives in the United States, according to market analysts. The US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings during the first half of October, despite the ongoing US government shutdown stalling progress. Each approval could “open the door for the next wave of institutional buying,” said Leon Waidmann, head of research at Web3 analytics firm Onchain. Read more
Bitwise’s Matt Hougan said Solana has good odds of winning a larger share of the stablecoin and tokenization market. Bitwise chief investment officer Matt Hougan says his bullish outlook on layer-1 blockchain Solana stems from two main factors that set it apart from competitors like Ethereum. “I love investments that give me two ways to win,” Hougan said in an X post on Thursday, explaining that Solana (SOL) is making a “bet” the stablecoin and tokenization infrastructure market will grow, and that it will “win an increasing share of that market,” which “seem like good bets to me.” “I think people dramatically underestimate how much and how quickly these technologies will remake markets. It’s easy for me to imagine this market growing by 10x or more,” Hougan added. Read more
A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services. Major financial services company Western Union has filed for a trademark covering multiple crypto services just a day after sharing it would launch a stablecoin system on Solana early next year. Western Union Holdings, Inc. filed with the US Patent and Trademark Office to trademark “WUUSD” on Wednesday, covering a range of crypto services related to stablecoins. The filing notes that the agency has accepted it, but it has yet to be assigned to an examiner. The filing states that the WUUSD trademark could be used for a crypto wallet, crypto trading and stablecoin payment processing, among other things. Read more
Strategy’s third-quarter net income was down from its record $10 billion in Q2, but still lifted its shares after the bell. Shares in Strategy have risen nearly 6% after hours as the Bitcoin treasury company reported a net income of $2.8 billion for its third quarter, down from the second quarter but still beating analyst expectations. Strategy on Thursday reported diluted earnings per share of $8.42 for the three months ending Sept. 30, beating Wall Street expectations of $8.15. Its $2.8 million income for the quarter was a major jump from its $340.2 million loss the same time a year ago, but a fall from its record $10 billion net income in Q2. Read more
Coinbase recorded another profitable quarter with $432.6 million in net income in Q3 on the back of $1.9 billion in revenue, while Coinbase’s Bitcoin holdings rose by 2,772 BTC. Coinbase’s Bitcoin stash grew by 2,772 BTC during the third quarter as it doubled down on its Bitcoin strategy and continued work to become an “Everything Exchange.” Coinbase’s Bitcoin (BTC) holdings have now reached 14,548 BTC, valued at $1.57 billion, according to its Q3 report on Thursday. Meanwhile, net income increased over fivefold to $432.6 million year-on-year, and total revenue rose to $1.9 billion, up 55% from a year ago. This was bolstered by transaction revenue, which climbed to $1.05 billion, while subscription revenue — including stablecoin revenue and blockchain rewards — rose 34.3% year-on-year to $746.7 million. Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US lawmakers are pushing to advance the crypto market structure bill despite the ongoing government shutdown. Standard Chartered forecasts real-world assets could surge to $2 trillion by 2028, while US President Donald Trump met with Chinese President Xi Jinping to ease tariff tensions. Many US senators are reportedly moving to advance a bill for crypto market structure rules amid a government shutdown with no end in sight. According to a Bloomberg report published on Thursday, several Republicans in the Senate, including those with leadership positions on key committees, plan to pass legislation on digital asset market structure by the end of the year, in line with their initially announced timeline. Read more