Viewpoint: Cryptocurrency Index ETF Will Lead the Next Wave of Adoption

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On November 16th, Will Peck, the Head of Digital Assets at WisdomTree, predicted that an ETF holding a diversified cryptocurrency portfolio would fill a significant market gap in the coming years and become one of the next waves of adoption. A multi-asset cryptocurrency basket enables users to access the entire industry while reducing the "idiosyncratic risk" of investing in a single token. Will Peck stated, "We refer to cryptocurrency as an asset class, but it is actually a technology. Despite the general correlation, the underlying return drivers of each token are actually quite different because we are at this stage of the market right now." Several cryptocurrency index ETFs have already been launched this year. This Thursday, the asset management firm 21Shares announced the launch of two cryptocurrency index ETFs: the 21Shares FTSE Crypto 10 Index ETF (ticker: TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (ticker: TXBC). Both track the FTSE Russell Crypto Index, providing investment exposure to a broad portfolio of digital assets holding the top ten crypto assets by market capitalization (TXBC excluding Bitcoin) instead of investing in a single token.

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OKX Lists PIE/USDT Perpetual Contract

On November 16th, according to an official announcement, OKX officially launched the PIEVERSEUSDT perpetual contract at 11:30 (UTC+8) on November 16, 2025, on the web, app, and API. It is reported that Pieverse is a Web3 payment compliance infrastructure that transforms blockchain timestamps into legally recognizable records that can be utilized for business.

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On-chain Whale Activity Overview: Whale Suffers $125 Million ETH Loss in 'Rug Pull' Stop Loss, Arthur Hayes Sells Off Ethereum Ecosystem Tokens

On November 16th, according to the monitoring of Hyperinsight, the whale movements that have been highly active on-chain in the past 24 hours are as follows: BitMEX Co-founder Arthur Hayes sold approximately $5 million worth of Ethereum ecosystem tokens today. He sold a total of 780 ETH ($2.48 million), 5,020,000 ENA ($1.384 million), 640,000 LDO ($480,000), 1,630 AAVE ($289,000), 28,670 UNI ($209,000), and 132,730 ETHFI ($124,000). A certain whale address recently acquired 444,895 ETH (worth $1.39 billion) and is suspected of starting to sell. The whale withdrew 177,000 ETH (worth $561.3 million) from Aave 8 hours ago and deposited 44,000 ETH (worth $140.2 million) into Binance. The whale's buying cost was around $3,437, and it is currently facing a loss of approximately $125 million. The largest ZEC short on Hyperliquid has been held for over a month. Early this morning, an additional 5 million USDC was transferred to the acc

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STRK Surges Breaks Above $0.23, 24-hour Gain 30.2%

On November 16th, based on HTX market data, STRK soared to above $0.23 and is currently trading at $0.2324, showing a 24-hour increase of 30.2%.

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Arthur Hayes Sells Another Approximately $2.45 Million Worth of ETH, ENA, LDO, and Other Tokens

On November 16th, as per the monitoring of LookOnChain, Arthur Hayes, the co-founder of BitMEX, once again disposed of tokens. He sold 260 ETH (valued at $820,000), 2.4 million ENA (worth $651,000), 640,000 LDO (worth $480,000), 1,630 AAVE (worth $289,000), and 28,670 UNI (worth $209,000), with a total selling value of approximately $2.45 million. This morning, Arthur Hayes has sold 520 ETH (worth $1.66 million), 2.62 million ENA (worth $733,000), and 132,730 ETHFI (worth $124,000).

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Star: The OKX Wallet private key module and all related smart contracts have been fully open-sourced, demonstrating our long-term commitment to industry transparency and security.

November 16th. Regarding the recent spread of the unfounded accusation that "The OKX Wallet has a backdoor", OKX CEO Star posted on the X platform, stating, "The private key module of the OKX Wallet and all related smart contracts have been fully open-sourced. Several industry players (including peers) are using our open-source code. This is our long-term commitment to promoting industry transparency and security. As for the non-private key module, the source code is not currently open because these parts are considered proprietary software. Users are free to choose whether to use the OKX Wallet based on their own needs and preferences." He further pointed out that the OKX Wallet is also one of the earliest providers of MPC non-custodial wallet services in the industry. Due to limitations in the market acceptance, user experience, DApp support, and other aspects of the early versions of MPC products, we have decided to completely shut down the old version MPC wallet and launch a more

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Tom Lee: The Pain is Short-Term, Won't Alter ETH's Supercycle

On November 16th, Tom Lee, the Chairman of Bitmine and the first institutional holder of Ethereum, stated: "Recently, one (or two) market makers with significant balance sheet problems have exposed a vulnerability in the crypto market. Whales are circling and intending to trigger liquidation and sell off BTC. Is this pain temporary? The answer is yes. Will this change ETH's super cycle (that is, Wall Street building an ecosystem on the blockchain)? The answer is no. But at present, it is not the time to use leverage. Do not get liquidated."

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