Author: John Smith
21Shares said its Hyperliquid ETF drew more than $5 million in inflows within days of its U.S. launch. Summary 21Shares’ Hyperliquid ETF recorded over $5 million in inflows within days of its May 12 U.S. launch. The fund generated roughly $8 million in trading volume on a single day last week, research head Eli Ndinga said. Ndinga argues Hyperliquid demand reflects appetite for 24/7 access to crypto, oil, silver and gold markets. 21Shares said early inflows into its Hyperliquid ETF point to investor demand for around-the-clock access to crypto and traditional markets, with the fund pulling in more than $5…
Ethereum dropped another 10.2% this week, with the ETH/BTC ratio sinking toward 0.0275, and market maker Wintermute is now flatly calling ETH “not the right asset for this macro” as yields and inflation grind higher. Summary Wintermute says ETH is “not the right asset for this macro” as real yields rise and inflation re-accelerates. ETH has slid 10.2% this week, with the ETH/BTC pair pressing 0.0275 amid underperformance in both spot and derivatives. The firm also warns that being outright long BTC here is a bet that institutions will ignore rising Treasury yields and come back in size. According to…
Wintermute launched its first DeFi vault product, Armitage, supporting collateral types unavailable on competing curator platforms. Summary Wintermute launched Armitage, its first DeFi vault curation product, designed to support collateral types that other vault curators on platforms like Morpho do not accept. The move expands Wintermute beyond its core role as a market maker and liquidity provider into yield infrastructure, a growing segment of institutional on-chain finance. Armitage positions Wintermute to leverage its deep liquidity expertise and collateral risk understanding to offer differentiated vault strategies for institutional depositors. Wintermute, the algorithmic trading firm and liquidity provider, entered the DeFi vault…
Ethereum price remained under pressure on Monday as ETF outflows and weakening technical indicators pushed traders to closely watch the key $2,000 support zone. Summary Ethereum ETFs recorded more than $340 million in cumulative outflows over six trading sessions as ETH struggled to reclaim $2,150. Bitmine Immersion purchased roughly 71,672 ETH worth $154 million last week, raising its holdings to 5.28 million ETH. CoinGlass liquidation data showed dense leverage clusters near the $2,150 resistance area and the lower $2,000 support zone. According to data from crypto.news, Ethereum (ETH) traded around $2,112 at press time on May 19 after failing to…
Crypto exchange Ouinex has raised $3.5m from its own traders, lifting total funding to $9m to build a “Non‑Centralized Order Book” designed to shield retail from market makers. Summary Ouinex secures $3.5m, bringing total funding to $9m Round funded solely by retail and professional traders on the platform New capital will build a “No‑CLOB” model to keep market makers from seeing user orders According to Forbes, crypto and derivatives platform Ouinex announced on May 19 that it had raised $3.5 million, taking aggregate funding to $9 million since launch. The France‑based company told Forbes that every investor in the new round is either…
Bitget Wallet has integrated xStocks infrastructure, giving users access to more than 130 tokenized stocks and ETFs through its self-custodial wallet. Summary Bitget Wallet added xStocks infrastructure, opening access to more than 130 tokenized stocks and ETFs. The integration expands Bitget Wallet’s RWA offering to over 300 products across equities and commodities. RWA.xyz data shows Ondo and xStocks lead the tokenized equities market by asset value. Bitget Wallet said the xStocks integration gives its 90 million users access to tokenized equities from the same platform they use for crypto storage, swaps, and trading. The launch adds U.S. stock and ETF-linked…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new 2026 comparison of 7 leading mobile crypto wallets explores how Android and iPhone apps now combine self-custody, DeFi access, and many other features. Summary 7 best mobile crypto wallets for Android and iPhone compared, from MetaMask to BlueWallet, based on real-world usability and features. Crypto wallets range from DeFi tools to fintech apps, with Trustee Plus, Trust Wallet, and MetaMask leading different use cases. Mobile wallets now go beyond storage, offering DeFi, payments, and Web3 access, with…
Republican lawmakers in the U.S. House have pushed to turn a temporary restriction on a central bank digital currency into a permanent ban as Congress prepares to vote on a major housing bill later this week. Summary House Republicans have pushed to make the proposed U.S. CBDC ban permanent in the revised 21st Century ROAD to Housing Act. Representative Warren Davidson said the Senate’s 2030 expiration date could create a future pathway for a Federal Reserve-issued digital dollar. House Majority Whip Tom Emmer has continued urging the Senate to pass his Anti CBDC Surveillance State Act after it cleared the…
Minnesota has signed a new crypto custody law that lets banks and credit unions hold digital assets for customers from Aug. 1. Summary Minnesota banks can hold crypto from Aug. 1 if they meet notice and control rules New law requires crypto segregation, cybersecurity policies, and state review before custody services launch statewide Crypto ATM ban starts same day, showing Minnesota’s split approach to digital asset access statewide Gov. Tim Walz signed HF 3709 into law, allowing state-chartered banks and credit unions to offer virtual-currency custody services. The law covers the safekeeping, control, or management of virtual currency and private…
Shiba Inu saw billions of SHIB hit exchanges on May 18 as crypto market liquidations accelerated. Summary Over 3 billion SHIB tokens were pushed onto exchanges on May 18, raising sell-side pressure as broader crypto market liquidations accelerated. CoinGlass data shows SHIB open interest at $61.2 million with $42,485 in futures positions liquidated in the 24-hour session ending May 18. SHIB was trading at $0.00000567 on May 18, down roughly 10% on the week and 54% over the past year. On-chain exchange flow data tracked by CoinGlass shows SHIB open interest at $61.2 million on May 18, with $42,485 in…