SOL Outdiversifies ETH vs BTC, Morgan Stanley Finds
Over four years through April 2026, SOL's correlation with BTC sat at 0.72 versus ETH's 0.78, and SOL was also less tied to the S&P 500, the angle that matters for a portfolio sleeve, not a chart.
Institutional crypto activity — corporate treasuries, custody mandates, pension and endowment moves, and bank involvement.
Over four years through April 2026, SOL's correlation with BTC sat at 0.72 versus ETH's 0.78, and SOL was also less tied to the S&P 500, the angle that matters for a portfolio sleeve, not a chart.
Single-fund flows, not a market-wide signal, but the direction is what a lot of institutional desks were already discussing — BTC positioning offloaded into ETH.
DTCC's pilot brings the largest US post-trade utility into tokenized securities, with BlackRock, JPMorgan, Goldman Sachs, Vanguard, and NYSE on board ahead of an October launch.
The consortium stablecoin's reserve-yield sharing model strikes at the core of Circle's economics, and arrives weeks before Coinbase's revenue-sharing renewal could reset the terms.
The SEC's pilot lines up five of the heaviest names in US finance, turning tokenized Treasuries from a crypto-native experiment into plumbing the Street itself is willing to run.
The Depository Trust & Clearing Corp. just fired the starting gun on production-grade tokenization of US equities and Treasurys.
Miners have signed 19 hyperscaler deals worth $135B in two years, but only Core Scientific's CoreWeave contract clears the bar on returns. Cipher and TeraWulf sit at 4-5%.
A co-executive director exit in February, nine senior departures, a June restructuring that cut 54 roles and 40% of the budget, and three new external bodies absorbing the work the foundation is…
The 98% concentration shows Bitmine has effectively become an ETH yield vehicle, with Chairman Tom Lee projecting $284M annualized once the full treasury is staked.
320M users and a third of global CEX spot volume give Binance the distribution to mint a new product category every quarter.
The Ethereum staking line now carries the entire business: a year ago mining made Bitmine, today staking does, and chairman Tom Lee is projecting $284M annualized once the full ETH stack runs through…
ETH is closing in on $2,000 as the Foundation's Institutional Privacy Task Force exits to build confidential systems for banks and funds looking to use Ethereum.
The headline number looks like a rout, but the $15.1B in net inflows over twelve months tells the real story: institutional demand stayed strong while $45.8B in market depreciation did the damage.
Phong Le's threshold is an 85% drawdown from current levels, but the more pressing signal is STRC trading below par and the mNAV sitting barely above 1.0.
Matt Hougan argues long-term holders should anchor on the cycle ceiling rather than chasing the floor, as ETF flows keep the bid firm into mid-2026.
Circle's $1.4B distribution bill to Coinbase in 2025, up from $924.5M a year earlier, shows why growing USDC no longer means growing Circle's take: platforms holding the users now capture the bulk of…
The jump from 40% to 95% in five months landed alongside 700 layoffs, framing AI-augmented engineering as a deliberate replacement of headcount rather than a productivity sidecar.
The reclassification puts Japan alongside Singapore and the EU in treating digital assets as financial instruments under securities law, with first-mover weight for Asia's institutional flows.
Parliament's FIEA amendment ends the 55% crypto tax penalty and puts digital assets inside the same regulatory framework that already covers stocks and bonds, a legitimacy step institutions have…
The absence of Ethereum outflows across all 10 funds broadened the positive signal beyond Bitcoin's larger dollar intake.