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Key Developments in Crypto: Bitcoin ETFs, Solana Revenue, Miner Short Interest, and Exchange KYC
11/18/2024 11:45:08 AM
According to CCData_io, Wall Street's wealth management clients are significantly accumulating spot Bitcoin ETFs, indicating growing institutional interest in Bitcoin. Meanwhile, Solana's decentralized applications (DApps) have experienced a record surge in revenue, reflecting increased user engagement and activity on the Solana network. Additionally, short interest in Bitcoin miners has reached an all-time high, suggesting bearish sentiment or hedging strategies among traders. Furthermore, 26% of cryptocurrency exchanges reportedly lack Know Your Customer (KYC) requirements, highlighting potential regulatory and security concerns within the crypto exchange landscape. (Source)
Solana Bitcoin ETFs Bitcoin miners Wall Street KYC