Bitwise 向美国证券交易委员会（SEC）更新了其现货 Avalanche ETF 的申请文件，这一修订将 Avalanche ETF 的代码变更为 BAVA，并将赞助费费率设定为 0.34%，目前在同类产品中最低。相比之下，VanEck 的 Avalanche ETF 费率为 0.40%，灰度的则为 0.50%。更新版 S-1 申请文件还表示，将允许该信托在 Avalanche 的权益证明网络上质押其持有的多达 70%的 AVAX，以赚取额外的代币。不过发行方考虑将收益产生的 12%作为费用扣除，其余部分则分配给股东。由于竞争对手尚未开展质押业务，目前他们的费用仅限于赞助费。Bitwise 还针对首批 5 亿美元资产在第一个月提供全额费用减免，旨在将 BAVA 定位为传统投资者获取 Avalanche 敞口和质押收入的成本最低的方式。（CoinDesk）

欧洲最大的资产管理公司 Amundi 推出了其首个用于欧元货币市场基金的代币化份额类别。该基金现在以混合结构提供，允许投资者在传统版本和基于区块链的新版本之间进行选择。首笔交易已于 11 月 4 日在以太坊网络上记录。此次产品推出是与欧洲资产服务集团 CACEIS 合作完成的，该集团提供了代币化基础设施、投资者钱包以及用于处理申购与赎回的数字化订单系统。据两家公司表示，将基金代币化能简化订单处理流程、拓宽新的投资者渠道，并实现 24/7 全天候交易。（Cointelegraph）

Balancer 协议社区的两名成员于周四提交了一项提案，概述了一部分从该协议 11 月发生的 1.16 亿美元攻击事件中追回资金的分配计划。在这起 1.16 亿美元盗窃事件中，大约 2800 万美元已由白帽黑客、内部救援人员以及以太坊流动质押平台 StakeWise 追回。不过，该提案仅涉及由白帽黑客和内部救援团队追回的 800 万美元，至于 StakeWise 追回的近 2000 万美元，将会单独分配给其用户。（Cointelegraph）

According to Foresight News, Aave founder Stani Kulechov has expressed concerns over the United Kingdom's current 'Financial Promotions' regulatory framework, which he claims is hindering the stablecoin business in the region. The regulations, initially designed to curb misleading crypto advertisements, are being applied uniformly across all crypto assets. This approach treats stablecoins the same as highly volatile tokens, resulting in lengthy questionnaires and mandatory 24-hour cooling-off periods for users, complicating basic operations like deposits. Kulechov argues that this regulatory method makes the user experience slow and cumbersome, while also increasing the difficulty and cost for UK teams to develop compliant stablecoin and embedded DeFi products. This situation is driving users towards overseas products and causing hesitation among teams about establishing operations in the UK. He advocates for a comprehensive reform or replacement of the current system and calls on the industry to push for more reasonable and innovation-supportive regulations.

President Trump says he is considering eliminating income taxes for the next few years. source: https://www.cryptopolitan.com/trump-floats-ending-federal-income-tax/

The global cryptocurrency market cap now stands at $3.12T, up by 4.06% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $90,438 and $91,940 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $91,601, down by -0.01%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TURBO, BAT, and FUN, up by 46%, 21%, and 18%, respectively. Top stories of the day: Bitcoin News Today: BlackRock Bitcoin ETF Investors Return to Profit as BTC Reclaims $90K Amid Surging Rate-Cut Odds Crypto Market News: Fiat Inflation Pushes Global Crypto Adoption as Currencies Lose Stability Bitcoin Price (BTC) News: BTC Targets $97K–$100K as Market Shows ‘Significant Step Forward’ Toward Recovery Solana News: Solana ETFs Break Perfect Inflow Streak as 21Shares’ TSOL Sees $34M Withdrawal; XRP Funds Extend Record Run Market movers: ETH: $3059.11 (+0.93%) BNB: $894.58 (+0.28%) XRP: $2.2392 (+1.83%) SOL: $141.97 (-0.18%) TRX: $0.2807 (+1.45%) DOGE: $0.15249 (-0.92%) WLFI: $0.1642 (+3.34%) ADA: $0.4334 (-0.41%) WBTC: $91434.73 (-0.06%) BCH: $538.5 (-1.07%) Top gainers on Binance: TURBO/USDT (+46%) BAT/USDT (+21%) FUN/USDT (+18%)

Animoca is planning to go public on the Nasdaq next year through a reverse-merger with Singapore-based Currenc Group. source: https://www.theblock.co/post/380756/animoca-brands-stablecoin-rwa-2026?utm_source=rss&utm_medium=rss

According to ChainCatcher, a recent report by CryptoQuant reveals that the total supply of ERC20 stablecoins surpassed $160 billion in 2025, marking a historic peak. This milestone is considered a crucial indicator for predicting Bitcoin's price movements. The study highlights that the correlation between stablecoin supply and Bitcoin price trends is more pronounced than with the global M2 money supply. The report suggests that stablecoins, as a primary source of liquidity in the crypto market, can more swiftly and directly reflect the flow of investor funds. The growth in stablecoin supply often precedes Bitcoin price increases, as observed during the 2021 bull market and the market recovery in 2024-2025. The CryptoQuant research team notes that the current high level of stablecoin supply indicates a sustained increase in underlying market purchasing power, which could be a significant driver for Bitcoin's next price trend.

The Philippines could build a $60 billion tokenized-asset market by 2030, led by equities and government bonds. source: https://cryptonews.com/news/philippines-could-unlock-60b-through-asset-tokenization-by-2030-report/

Key Takeaways Balancer community members have proposed a plan to distribute $8M of the assets recovered from the $116M attack. source: https://coindoo.com/balancer-community-unveils-plan-to-compensate-users-after-116m-hack/

AB 慈善基金会捐款 1000 万港币予中国和平统一促进会香港总会，共同参与大埔宏福苑火灾救援及灾后社区重建工作，携手推动人道主义援助及相关公共事业的可持续发展。

Sony’s Soneium has partnered with the IRC APP to reward fans in Japan by tracking their social media activity and giving points on a blockchain system. These points can raise membership levels and provide real-world benefits like early event access, on-chain voting, and exclusive experiences at the IRC 2026 festival.

ALT5 Sigma, a crypto treasury company tied to World Liberty Financial (WLFI) — a token project linked to the Trump family — has announced the firing of two of its top executives amid growing scrutiny surrounding both the firm and its political associations.

从 Devconnect ARG 2025 「Ethereum Privacy Stack」 活动的数十场演讲和讨论中总结「隐私范式的整体性重构」。

Vitalik在X上发文，力挺两个去中心化消息应用 Session 和 SimpleX Chat，并分别向它们捐赠了 128 个 ETH。

Visa has expanded its stablecoin settlement in parts of Europe, the Middle East and Africa by working with Aquanow, allowing banks to move money using USDC. This shifts payments behind the scenes by making cross-border transfers faster and less dependent on traditional banking hours and middlemen.

十年之内，Polymarket的模式将吞噬大部分传统金融体系，每个垂直领域都会抵制、监管，但最终都会屈服。

Terraform Labs co-founder Do Kwon is fighting a legal battle on two fronts as he is begging for U.S. prosecutors to limit his prison term to five years as prosecutors in South Korea are weighing a potential 40-year sentence over his role in the collapse of the Terra ecosystem.

公链项目上线后得到的反馈是漠然，没人关心新公链，但本周上线的Monad打破了这个说法。对Monad铺天盖地的骂声为何会发生？揭示了怎样的市场心理？

为什么全球所有金融资产的衍生品交易量都将从有期限的期货和期权合约转向永不到期的永续合约？