Market volatility persists as Bitcoin (BTC) rebounded with a 5% gain today, following four consecutive days of significant losses. On-chain data indicates that crypto whales are buying the dip, although Bitcoin ETF data shows net outflows from ETF buyers.
Solana (SOL) leads with an 8% increase in the past 24 hours, trading around the key psychological support level of $150. Solana-based memecoin MEW outperformed, leading the top 100 coins with a 17% gain.
Following the approval of the Ethereum (ETH) ETF in the US, BlackRock is now pushing for listing options on its spot Ether ETF. In a filing to the SEC, BlackRock and Nasdaq have proposed a rule change to list and trade such options.
