The asset manager’s hybrid rollout enables investors to choose between the traditional fund and a new blockchain-based version recorded on Ethereum. Amundi, Europe’s largest asset manager, has introduced its first tokenized share class for a euro money market fund. The fund is now offered in a hybrid structure, allowing investors to choose between the traditional version and the new blockchain-based one. The first transaction was recorded on the Ethereum network on Nov. 4. The rollout was developed in collaboration with CACEIS, a European asset-servicing group that provided the tokenization infrastructure, investor wallets, and the digital order system used to process subscriptions and redemptions. Read more
Ethereum traders ramped up leverage as futures dominance surged and key technical levels came into play. Will ETH bulls succeed in catalyzing a rally to $3,400? Ethereum (ETH) traders are quietly rotating back into leverage, with fresh futures data signaling a major shift in market positioning as ETH approaches a critical technical zone. Key takeaways: Ether leads all major crypto assets in the futures-to-spot ratio, with the current rating at 6.84. Read more
Bitcoin bulls need to pump more volume into the spot and futures market in order for the current BTC bounce to hold above $90,000. Bitcoin (BTC) reclaimed $90,000 this week, but onchain data indicated that the move sat on shaky grounds. Despite a strong cost-basis cluster, demand, liquidity, and futures activity remained thin. Key takeaways: The $84,000 cost-basis cluster held 400,000 BTC, but spot demand above it remains shallow. Read more
The proposal details how roughly $8 million recovered from the $116 million November hack would be distributed to victims. Two members of the Balancer protocol community submitted a proposal on Thursday outlining a distribution plan for a portion of the funds recovered from the protocol’s $116 million November exploit. About $28 million from the $116 million heist was recovered by white hat hackers, internal rescuers, and StakeWise — an Ether liquid staking platform. However, the proposal covers only the $8 million recovered by white hat hackers and internal rescue teams, while the nearly $20 million retrieved by StakeWise will be distributed separately to its users. Read more
The listing brings the Solana-based token into one of Europe’s largest stock markets, even as memecoin valuations continue to slide in 2025. Solana-based memecoin Bonk is now trading on Switzerland’s SIX Swiss Exchange after Bitcoin Capital listed a regulated exchange-traded product (ETP) tied to the token. The listing brings the memecoin into one of Europe’s largest stock markets, allowing investors to gain exposure to Bonk (BONK) through standard brokerage accounts, removing the need for wallets or direct token custody. BONK is a dog-themed memecoin on Solana that launched on Christmas Day 2022 through a community airdrop. It brands itself as “the first Solana dog coin for the people, by the people.” Read more