TLDR Wormhole Labs launched Sunrise, a new platform that allows tokens to launch on Solana with immediate liquidity on day one Monad’s MON token is the first asset to use Sunrise, going live on Nov. 24 with trading against USDC and SOL The platform uses Wormhole’s Native Token Transfer framework to move tokens from other chains to Solana without wrapped versions Sunrise integrates with Jupiter DEX and Orb block explorer for immediate trading and portfolio tracking The platform aims to become the standard entry point for new tokens launching on Solana Wormhole Labs announced the launch of Sunrise on Nov. 23, a new platform designed to bring tokens onto Solana with day-one liquidity. The platform aims to solve a problem where new assets often launched on other chains first, delaying their arrival on Solana. Monad’s MON token became the first asset to use Sunrise. The token went live on Monday, Nov. 24, coinciding with Monad’s mainnet launch. Sunrise uses Wormhole’s Native Token Transfer framework to move assets from other chains directly to Solana. This approach eliminates the need for wrapped tokens or multiple bridging steps that previously complicated cross-chain transfers. How the Platform Works The platform operates as a unified gateway for token issuers and users. Projects can push their tokens into Solana with a single action while liquidity providers can prepare pools in advance. Tokens arrive on Solana in their native form rather than as wrapped versions. This makes integration with existing Solana DeFi applications simpler and more direct. Users can access Sunrise through its dedicated dashboard or through integrated tools. Jupiter DEX and Orb block explorer both support Sunrise, allowing immediate trading and portfolio tracking for incoming tokens. MON token holders can deposit their tokens from Monad to Solana and trade them against USDC, SOL, and other Solana assets. Trading began on the first day of Monad’s mainnet activation. Platform Targets Multiple Asset Types Sunrise plans to support various asset types beyond standard cryptocurrencies. The platform will accommodate layer-2 tokens, institutional assets, commodities, and tokenized equities. The Solana Foundation’s growth lead Kuleen Nimkar stated that products like Sunrise help enable Solana’s vision for internet capital markets. He noted the platform gives new assets a seamless path into the network from launch day. Before Sunrise, Solana users often faced fragmented liquidity when new tokens launched. Multi-step bridging processes created friction for users trying to access new assets quickly. The platform addresses these issues by creating a single standardized route. This approach reduces complexity for both token issuers and end users. Sunrise establishes a predictable environment for liquidity migration from other chains. The standardized pathway lowers barriers for projects considering a Solana launch. The platform builds on Wormhole’s existing cross-chain infrastructure. Wormhole already supports token transfers across multiple blockchain networks.
https://blockonomi.com/wormhole-launches-sunrise-platform-for-day-one-solana-token-listings/
Tag Archives: institutional
Anne Arundel Community College Earns 2025 HEED Award for Excellence and Community Impact
Anne Arundel Community College has been recognized nationally for its commitment to academic excellence and community building, earning the 2025 Higher Education Excellence and Distinction (HEED) Award from Insight Into Academia magazine. The award highlights colleges and universities that integrate strong teaching, student support, and inclusive campus life across all areas of the institution. National Recognition for Academic Excellence and Community Building AACC was one of nine community colleges featured in Insight Into Academia’s October issue and was the only Maryland community college recognized this year. This marks the fifth time the college has received a HEED Award, underscoring its long-term commitment to educational quality and student success. “We are honored to once again be recognized with the HEED Award,” said Dr. Dawn Lindsay, AACC president. “This recognition highlights our dedication to providing outstanding learning experiences and fostering a vibrant community, which is central to our new strategic plan.” What the HEED Award Honors The Higher Education Excellence and Distinction Award recognizes institutions that demonstrate a broad, sustained commitment to student achievement, employee engagement, and a sense of belonging on campus. Applications are evaluated on a range of factors, including: Recruitment and retention of students and employees Institutional policies and programs Leadership and governance Campus culture and community impact “We take a detailed and somewhat holistic approach to reviewing each application in determining who will be named a HEED Award recipient. Our standards are high, and we look for institutions where academic excellence and belonging are woven into the work being done every day across their campus,” said Lenore Pearlstein, co-publisher of Insight Into Academia. AACC’s Ongoing Commitment By earning its fifth HEED Award, Anne Arundel Community College continues to build on a national reputation for pairing strong academics with a supportive, community-focused environment. The recognition aligns with the college’s strategic priorities, which emphasize high-quality learning experiences, student success, and a welcoming campus culture for learners, faculty, and staff.
https://www.eyeonannapolis.net/2025/11/anne-arundel-community-college-earns-2025-heed-award-for-excellence-and-community-impact/
OG Bitcoin Whale Exits $1.3B Holdings as BTC Drops Below $86K
TLDR: Owen Gunden liquidates 11, 000 BTC, totaling $1. 3B, after 14-year holding period. Final 2, 499 BTC worth $228M transferred to Kraken, completing the historic sell-off. Bitcoin drops below $86K, marking a 32% fall from its October $126K peak. BTC 24-hour trading volume exceeds $101B, with a weekly decline of over 12%. Bitcoin has fallen below $86, 000 as one of its earliest adopters, Owen Gunden, fully exited a $1. 3 billion position. Data from Arkham Intelligence shows Gunden sold approximately 11, 000 BTC after holding for 14 years. The final transfer of 2, 499 BTC worth $228 million went through Kraken, completing a sell-off that began in late October. Bitcoin’s price decline now marks a 32% drop from its $126, 000 all-time high in early October, according to CoinGecko. Early Adopter Liquidates Historic Bitcoin Holdings Blockchain analytics confirm Gunden, a pioneer in Bitcoin arbitrage on platforms like Tradehill and Mt. Gox, began accumulating BTC under $1 in 2011. His holdings turned a modest investment into one of crypto’s largest personal fortunes. Before the sale, Gunden was ranked as the eighth-richest crypto holder, with an estimated net worth of $561 million. The sell-off concluded after transferring the final 2, 499 BTC to Kraken exchange, valued at $228 million at current market prices. This liquidation represents one of the largest single exits from an individual Bitcoin wallet in recent history. Gunden’s trading activity was closely tracked due to his early role in in-person Bitcoin deals, profiled in a 2013 New York Times feature. Analysts note that such large-scale movements can temporarily influence market liquidity and sentiment. However, Gunden’s exit reflects a personal decision rather than broader market distress. CoinGecko reports BTC at $85,594 with a 24-hour trading volume exceeding $101 billion. The crypto has declined 6. 76% in the last 24 hours and over 12% in the past seven days. According to market observer Charlie Bilello, the BTC drop to $86K marks roughly 32% decline from its $126, 000 peak in early October. This is the largest drawdown since April. Despite the drop, he notes that such movements are typical given BTCs historical volatility. The correction reflects normal market fluctuations rather than unusual market stress. Market Response and Price Trends Investor attention turned sharply to Bitcoin following the disclosure of Gunden’s sales. The whale’s exit coincides with the largest price retracement since BTC reached $126, 000. Crypto trading platforms reported elevated activity, particularly on major exchanges handling large transfers. Market participants are tracking shifts in order books and liquidity as price pressure continues. Some traders suggest the sell-off may signal short-term price correction, while others emphasize Bitcoin’s volatility over sustained periods. Despite the decline, total trading volumes remain high, indicating ongoing institutional and retail engagement.
https://blockonomi.com/og-bitcoin-whale-exits-1-3b-holdings-as-btc-drops-below-86k/
Bitcoin For America Act: Federal Tax-Free Payments & BTC Tax Option
By Paying taxes in Bitcoin tax-free, It will also help grow the Strategic Bitcoin Reserve. The Bill boosts Bitcoin adoption and confidence, potentially raising its high value again overtime. A major new bill has just landed in the Congress, and the entire crypto community is talking about it. On November 20, 2025, Ohio Congressman Warren Davidson introduced the Bitcoin for America Act, a proposal that would allow everyday Americans to pay their federal taxes directly with Bitcoin completely free of capital gains tax. As also in a closely related ideas shared in a recent Crypto News Flash (CNF) post on the American Bitcoin (ABTC), regulatory shifts surrounding Bitcoin and energy costs remain key factors that could make or break its long-term growth. As shared in Bitcoin Policy Institute on X: More specifically, the Bitcoin for America Act would allow Americans to make federal tax-free payments directly with Bitcoin, without triggering capital-gains tax. Every Bitcoin paid this way would flow into a new Strategic Bitcoin Reserve. In addition, As highlighted in another recent X post by Bitcoin News, the bill contains three key provisions: Codifies the Strategic Bitcoin Reserve Executive Order Allows all federal taxes to be paid in BTC with no capital gains tax Requires federal Bitcoin holdings to be held 20+ years This would allow the U. S. government to build a massive national Bitcoin stockpile without spending a single taxpayer dollar on the open market. The government already holds around 200, 000 seized coins; under this plan, millions more could be added over the coming years as people choose the BTC Tax Option. Market Implications: Bitcoin Has a Chance to Reign Again Analysts strongly believe the bill could give Bitcoin a significant market boost. By letting Americans pay taxes in BTC without additional taxes too, so more people would probably feel confident holding and using it. Meanwhile, the government accumulating Bitcoin through the Strategic Bitcoin Reserve sends a powerful signal of confidence as well. As for Bitcoin’s price outlook, the signal is strongly bullish. Removing capital-gains tax on federal tax-free payments eliminates one of the biggest barriers to real-world spending. Once that barrier breakdown, more people are likely to hold and use of their BTC confidently. Importantly, millions of Americans would also potentially choosing the BTC Tax Option would mean the government openly accumulating coins through tax payments a move that analysts say that this could trigger new institutional buying and widespread FOMO at the same time.
https://www.crypto-news-flash.com/bitcoin-for-america-act-federal-tax-free-payments-btc-tax-option/
Aster (ASTER) Set to Launch on Coinbase Amid Market Volatility
TLDR Aster (ASTER) will begin spot trading on Coinbase at or after 9AM PT today. The ASTER-USD pair requires liquidity for full activation across supported regions. ASTER has a 13. 70% weekly gain despite a 4. 02% decline in the past 24 hours. BNB Smart Chain integration ensures network safety, preventing potential fund loss. Aster (ASTER) is scheduled to begin spot trading on Coinbase today, on November 20, 2025. The ASTER-USD pair is set to go live at or after 9AM PT, provided liquidity conditions are met. The token will be available on Coinbase. com, the mobile app, and Coinbase Advanced. Institutions can access ASTER directly on Coinbase Exchange, expanding market availability. Aster Trading to Debut on Coinbase Coinbase Markets confirmed the upcoming launch through its official Twitter account. The BNB Smart Chain contract address is 0x000Ae314E2A2172a039B26378814C252734f556A, and users are advised not to send ASTER over other networks. The listing reflects Coinbase’s ongoing efforts to broaden token access for retail and institutional participants. Trading activation depends on meeting liquidity thresholds in supported regions. Coinbase Advanced will provide professional traders with advanced order types once trading begins. Early adopters will be able to use the main exchange interface and mobile app. The platform ensures that institutions can participate seamlessly through Coinbase Exchange. The launch coincides with broader crypto market volatility, offering investors a new asset option. CoinGecko data shows ASTER currently trades at $1. 28, a 4. 02% decline over the past 24 hours. The token has gained 13. 70% over the last seven days, highlighting strong weekly performance. Market participants are monitoring price dynamics ahead of trading activation. Market Performance and Analyst Observations Despite overall market weakness, ASTER has shown relative strength in pre-market trading. Social media mentions suggest traders are noting its resilience amid broader declines. Analysts have pointed to potential upside targets near $1. 80 in early sessions. Initial interest is reflected in a 24-hour trading volume of $749,232,651, suggesting strong engagement. BNB Smart Chain integration ensures compatibility with existing wallets and decentralized applications. Coinbase highlighted network-specific usage to prevent potential fund loss. This aligns with industry standards for safely listing new tokens. Weekly gains indicate ASTER is outperforming several peers despite short-term price fluctuations. Early adoption signals sustained interest from retail and institutional participants. Trading dynamics are expected to evolve as liquidity conditions stabilize after the official launch. Investor focus remains on ASTER’s price trajectory and trading volume. Accessibility across Coinbase’s platforms and on-chain utility gives the token immediate market visibility. Observers are watching initial trades closely for mid-term performance indicators. The post Aster (ASTER) Set to Launch on Coinbase Amid Market Volatility appeared first on Blockonomi.
https://bitcoinethereumnews.com/tech/aster-aster-set-to-launch-on-coinbase-amid-market-volatility/
Bitwise launches spot XRP ETF; LeanHash provides holders with a stable channel to earn 7,000 XRP per day
XRP’s new spot ETF is drawing institutional attention, while retail investors are turning to LeanHash for daily XRP earnings during market volatility. With Bitwise Asset Management announcing the official listing of its spot XRP ETF on the NYSE, market focus has once again returned to this long-active payment digital asset. Against the backdrop of the continued rise in altcoin funds and the influx of institutional funds, XRP is becoming a “convergence point” between traditional capital markets and the blockchain world. The ETF’s debut, with its 0. 34% management fee, $500 million management fee waiver policy, and high on-chain activity, has attracted institutional investors, pushing XRP to a higher level of compliance and professionalism. However, unlike institutions choosing ETFs as long-term allocation tools, ordinary investors are more concerned with how to obtain tangible cash flow during periods of high price volatility. ETFs are stable but do not generate daily returns, and this structural difference in demand is quietly amplifying. Therefore, a new trend is rapidly emerging: more and more XRP holders are flocking to LeanHash, a leading global platform for mining-based digital assets, to earn daily passive income by participating in mining and distribution mechanisms. LeanHash drives returns with real computing power, freeing holders from dependence on market fluctuations and ensuring a stable cash flow even during periods of low prices or sideways movement. This makes LeanHash the most popular way for retail investors to generate XRP revenue outside of ETFs, and it also fills the gap in market strategy polarization. Institutions use ETFs to allocate long-term value, while retail investors use LeanHash to obtain daily returns, jointly driving the ecosystem expansion and value reshaping of XRP in 2025. How to get started with LeanHash 1. Visit the LeanHash website and create an account to receive a $15 bonus. 2. Choose a suitable contract term based on individual budget and expected returns. 3. Start mining. Earnings are calculated daily. LeanHash Computing Power Contract Examples: • Entry-level Contract Investment: $100 | Term: 2 days | Principal + Return: $107 • Basic Computing Power Contract Investment: $1200 | Term: 13 days | Principal + Return: $1412. 16 • Intermediate Computing Power Contract Investment: $5300 | Term: 33 days | Principal + Return: $8,045. 90 • High-Performance Computing Contract Investment: $12,000 | Term: 42 days | Principal + Return: $20,870. 40 • High-Performance Computing Contract Investment: $37,000 | Term: 47 days | Principal + Return: $70,736. 60 • Supercomputer Contract Investment: $120,000 | Term: 51 days | Investment Principal + Returns: $257,700 Example: Invest $12,000 to purchase a 40-day high-performance computing contract with a daily return of 1. 76%. Upon successful purchase, the user will receive a stable daily return: $12,000 x 1. 76% = $211. 20. After 40 days, the principal plus returns will be: $12,000 + $211. 20 x 42 days = $12,000 + $8,870. 40 = $20,870. 40. This platform offers a variety of stable, high-yield contracts. Please visit the LeanHash website for details. Why choose LeanHash? 1. Global deployment: LeanHash operates data centers in over 70 regions, which have been operating securely and reliably for over eight years. 2. Green energy: LeanHash uses 100% renewable energy, setting a new benchmark for environmentally friendly mining. 3. Bank-grade security: SSL encryption and cold wallet storage ensure comprehensive protection of assets. 4. Compliance guarantee: Headquartered in the UK, with relevant registration and compliance certifications. 5. Stable returns: Fixed contracts, transparent fees, and low entry barriers. 6. Lightning-fast service: 24×7 customer support with a response time of within 3 minutes. 7. Multi-currency compatibility: Supports deposits and withdrawals of major cryptocurrencies such as BTC, ETH, XRP, DOGE, LTC, USDT, SOL, and BNB. About LeanHash LeanHash is a leading intelligent cloud computing platform. With HashFi at its core, it provides stable, sustainable, and low-risk daily yield solutions for holders of mainstream assets such as BTC, ETH, and XRP. Through global computing nodes and advanced AI scheduling algorithms, LeanHash has established a price-independent daily passive income stream for over 3 million users. Conclusion The launch of the Bitwise XRP ETF is undoubtedly a significant milestone for the market, symbolizing the traditional financial world’s recognition of XRP’s long-term value. However, what truly allows XRP to maintain its vitality during the current volatile period is on-chain infrastructure like LeanHash. For institutions, the ETF makes XRP a configurable asset; for retail investors, LeanHash makes XRP a sustainable yield asset. Together, they are accelerating XRP’s evolution from a “speculative asset” to a “functional asset + cash flow asset.”.
https://crypto.news/bitwise-launches-spot-xrp-etf-leanhash-provides-holders-with-a-stable-channel-to-earn-7000-xrp-per-day/
Guggenheim Municipal Income Fund Q3 2025 Commentary
**Guggenheim Municipal Income Fund (Institutional Class) – Q3 Performance Summary**
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, specializing in fixed income, equity, and alternative strategies.
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**Third Quarter Performance**
The Guggenheim Municipal Income Fund (Institutional Class) returned 3.5% for the third quarter, outperforming its benchmark, the Bloomberg Municipal Bond Index, by 0.5%. This solid performance reflects the fund’s strategic positioning and active management.
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**Market Overview**
Municipal to Treasury yield ratios have compressed following the recent rally in the markets. Additionally, U.S. economic growth regained momentum after a period of deceleration earlier this year. This improvement has been supported by a recovery in consumer spending and robust investment in artificial intelligence.
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**Performance Contributors**
Among the fund’s largest sector weights, school districts, general purpose, and housing bonds were key contributors to the positive performance this quarter. These sectors benefited from favorable market conditions and strong underlying fundamentals.
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**Contact Information**
For further inquiries or communication, please reach out through Guggenheim Investments’ official channels.
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*Stay tuned for more updates and insights from Guggenheim Investments.*
https://seekingalpha.com/article/4844492-guggenheim-municipal-income-fund-q3-2025-commentary?source=feed_all_articles
Institutions don’t care about Bitcoin Core vs Knots clash: Galaxy exec
The majority of institutional Bitcoin investors don’t seem to know or care about the ongoing Bitcoin Core vs Knots debate, which has been intensifying over the past few months. This insight comes from Galaxy Digital’s head of research, Alex Thorn.
### The Core of the Debate
At the heart of the discussion are differing views on what Bitcoin (BTC) should be used for, particularly whether non-financial transactions should be excluded from the blockchain. The recent Bitcoin Core v30 update has sparked this debate, with some arguing that it opens the “floodgates” to spam transactions.
Supporters of Knots nodes believe this type of “spam” should be filtered out to prevent potential misuse. They warn that allowing unchecked transactions could enable bad actors to embed illegal or immoral content into the blockchain. On the other hand, Bitcoin Core advocates argue that imposing such restrictions could fragment the network, confuse users, and undermine one of the fundamental principles of Bitcoin’s technology: permissionless and decentralized operation.
### More Than Half Are Unaware or Unconcerned
In a recent post on X (formerly Twitter), Alex Thorn shared findings from a poll conducted among 25 institutional Bitcoin investors that Galaxy Digital works with. The results reveal that:
– 46% of respondents were unaware of the Bitcoin Core vs Knots debate.
– 36% said they either didn’t know much about it or felt ambivalent.
– The remaining 18% indicated a clear preference for Bitcoin Core’s position.
Thorn commented on these results, saying, “Real capital, real investors, service providers, even government officials see no problem at all or are unaware there’s even a debate. At best, it’s a hypothetical problem, and their proposed solution does nothing to solve the (fake) problem they claim is real.”
He further added, “Even if it [the proposed solution] is adopted, all their legal theories are mumbo jumbo, and the fears about them are ones that everyone got comfortable with years ago during early debates over the legality of permissionless decentralized systems.”
### Addressing Concerns About the Poll Size
Some questioned the validity of the poll due to its small sample size. Thorn acknowledged this concern but assured that the poll’s results align closely with his broader interactions in the Bitcoin ecosystem.
He stated, “I won’t reveal their identities but I will say yes, and the results from that poll line up exactly with my conversations with other whales, investors, leaders at miners and service providers, and government officials over the last several months.”
Thorn also noted that while he did not poll miners directly, he is familiar with most of the major mining players and confirmed that “nobody cares or is following [the debate] at all.”
### Possible Outcomes
Last month, a Bitcoin Improvement Proposal (BIP) proposing a soft fork stirred controversy on X. A particular section appeared to threaten legal consequences for those rejecting the fork, which many Bitcoiners criticized as “legal threats.”
Despite this, Thorn believes the debate will likely conclude in one of three ways:
1. **No one cares, and the debate fades into obscurity.**
2. **The proponents of the fork inadvertently create the very problem they fear by scaring everyone away from Bitcoin; however, their fork ideas ultimately fail.**
3. **Although highly unlikely, their proposed changes get adopted. Even then, Thorn argues that their solutions would fall short, and their actions would have already instilled fear around permissionless systems, causing irreparable harm to Bitcoin adoption.**
### Conclusion
The ongoing Bitcoin Core vs Knots debate highlights important philosophical differences in the Bitcoin community regarding network governance and usage. However, for most institutional investors and key players in the ecosystem, this debate remains largely theoretical or irrelevant to their focus on Bitcoin as a financial asset.
As the discussion unfolds, its ultimate impact on Bitcoin’s future adoption and network integrity remains to be seen. For now, many continue to prioritize Bitcoin’s core principles of permissionless access and decentralization.
https://cointelegraph.com/news/bitcoin-core-vs-knots-debate-institutional-investors-response
Aptos Records $528 Million To Stablecoin Supply, Surpassing Ethereum, Solana, and BNB Chain in Daily Stablecoin Inflows
Aptos Emerges as the Busiest Ecosystem for Stablecoins, Surpassing Ethereum and Others
Aptos, a Layer-1 blockchain, has recently emerged as the busiest ecosystem for stablecoins, outperforming established networks like Ethereum, Solana, and BNB Chain in key performance metrics. On Saturday, November 15, 2025, Aptos surpassed Ethereum in 24-hour stablecoin supply inflows, according to data revealed by market analyst Crypto Patel.
According to the reported figures, Aptos recorded massive inflows of stablecoins on that day, adding $528 million to its supply within a 24-hour period. This surge indicates increased stablecoin usage on the network, reflecting strong on-chain activity and heightened investor confidence in the blockchain.
Institutional Outflows Impact the Stablecoin Market
Aptos overtaking Ethereum in stablecoin inflows marks a significant shift in the blockchain landscape, as emerging chains begin to challenge well-established protocols. Ethereum has long dominated in stablecoin issuance and utility, but Aptos’s recent performance suggests a possible change in blockchain dynamics.
During the same 24-hour timeframe, Ethereum added $145 million to its stablecoin supply, while the Plasma blockchain contributed $180 million, placing it third in the rankings. Following these were Polygon, Base, and BNB Chain with inflows of $70 million, $54 million, and $47 million respectively.
In contrast, networks like Tron, Arbitrum, and Solana experienced notable stablecoin outflows with no inflows recorded over the day. These declines highlight a reduction in stablecoin volume across parts of the broader crypto ecosystem.
On-chain metrics further reveal that the stablecoin sector has now seen a second consecutive weekly decrease in stablecoin volume. This week alone, $1.244 billion exited the market, following a $1.925 billion outflow the previous week. As of November 16, 2025, the total stablecoin market capitalization stands at $304.109 billion, according to data sourced from DeFiLlama.
What’s Driving Demand for Aptos?
Fluctuations in stablecoin supply are important indicators of growing demand on a blockchain, capital flows, and user engagement. When these metrics surge, it often signifies that more users are actively conducting transactions or moving funds on the network.
Aptos, a relatively new Layer-1 chain, is well-regarded for its scalability and rapid transaction processing. Its low transaction costs and fast settlements have attracted a steady influx of developers and users in recent months.
Several factors have contributed to this sudden spike in stablecoin activity on Aptos. These include increased decentralized finance (DeFi) activity on the chain and the recent launch of former President Donald Trump’s USD1 stablecoin on the platform.
The rise of Aptos in the stablecoin space signals an evolving blockchain ecosystem where emerging networks are gaining traction and challenging the dominance of legacy platforms. It will be interesting to observe how these dynamics continue to unfold in the coming months.
https://bitcoinethereumnews.com/ethereum/aptos-records-528-million-to-stablecoin-supply-surpassing-ethereum-solana-and-bnb-chain-in-daily-stablecoin-inflows/
Crypto News: Bitwise CEO Says Four-Year Crypto Cycle Is Dead
**Bitwise CEO Hunter Horsley Declares the Four-Year Crypto Cycle Dead, Citing Market Maturity Driven by Bitcoin ETFs and Regulatory Shifts**
Hunter Horsley, CEO of investment firm Bitwise, has declared that the traditional four-year crypto cycle is no longer relevant. According to Horsley, this cycle has been replaced by a more mature market structure shaped by the introduction of Bitcoin ETFs and significant regulatory changes in the United States.
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### A New Market Structure Emerges
In a recent post on X (formerly Twitter), Horsley explained that the old four-year market cycle belongs to a “bygone era” of cryptocurrency. He emphasized that the market has evolved considerably, stating:
> “Since the introduction of the Bitcoin ETFs and new administration, we’ve seen a new market structure, new players, new dynamics, new reasons people buy and sell.”
This shift marks a fundamental change in how the crypto market functions. The landscape now includes fresh participants and novel market behaviors, moving away from the volatility often driven by retail investors in the past.
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### Optimism Amid Recent Market Turbulence
Despite the sharp downturn in asset prices and investor sentiment observed during October and November, Horsley remains optimistic about the crypto market’s long-term fundamentals. He suggested that the market has likely been in a bear phase for almost six months and that the end of this phase is near.
“The setup for crypto right now has never been better,” Horsley commented, highlighting the positive outlook despite recent challenges.
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### Institutional Adoption and Regulatory Tailwinds
A major driver behind this market evolution is the growing involvement of institutional investors. Unlike previous cycles primarily influenced by retail traders, today’s crypto market sees substantial capital inflows from large institutions. This influx brings different trading patterns and stability to the market.
Regulatory clarity has also improved, shifting from a historical headwind to a supportive tailwind for crypto assets. The pro-crypto regulatory pivot, particularly in the U.S., fosters a constructive environment for investors. According to Horsley, the White House and lawmakers are playing an active role in shaping policies that facilitate more open interaction with cryptocurrencies.
This positive regulatory climate is a game-changer, contributing to a more stabilized and predictable market. The presence of institutional capital reduces reliance on retail sentiment swings and curbs extreme volatility.
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### Perspectives on Market Liquidity and Price Movements
Financial educator Robert Kiyosaki has attributed recent crypto market downturns to low liquidity levels. Kiyosaki forecasts that prices for cryptocurrencies and precious metals could rise as governments resort to printing more money to finance budget deficits, potentially fueling asset price increases.
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### Looking Ahead: A More Mature Crypto Market
Hunter Horsley’s insights signal a new era for the crypto market—one characterized by maturity, stability, and sustained growth. The integration of Bitcoin ETFs, combined with clearer regulatory frameworks and institutional participation, sets the stage for broader adoption and long-term expansion.
As the market transitions away from volatile four-year cycles toward a more structured environment, investors may find new opportunities grounded in fundamental strengths rather than speculative hype.
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*Related Reading: [Harvard Boosts Bitcoin ETF Position by 257% in Latest 13F | Live Bitcoin News](#)*
https://bitcoinethereumnews.com/crypto/crypto-news-bitwise-ceo-says-four-year-crypto-cycle-is-dead/
