The US Shitcoin Spot ETF Welcomes a Listing Boom, with Over a Hundred ETFs Ready to Launch

On November 25th, as per the monitoring of Onchain Lens, an address linked to Ethena Labs made a purchase of 25 million ENA from Bybit, with a value of $6.7 million. Currently, this address holds 285.15 million ENA, which is worth $76.46 million.

On November 25th, glassnode issued its weekly market analysis report. It stated that although the current trend of Bitcoin is still clearly downward, the recent holding around the $80,000 mid-level suggests that if the selling pressure continues to decrease, the price may show signs of stabilizing. The spot market is trading with thin volume and weak momentum. ETF funds continue to flow out, indicating that the market is transitioning from an aggressive selling phase to a more orderly derisking phase. The options market still maintains a defensive posture, with high skew and narrowing volatility spreads. This indicates that the market expects continued future volatility but with some easing of panic sentiment. On-chain activity remains sluggish. Transfer volume, fee revenue, and realized capitalization have all slowed down, indicating a relatively calm network operation. Profitability metrics have further deteriorated: unrealized losses and realized gains reflect the deepening of unrea

On November 25th, a fresh survey conducted by the National Association for Business Economics (NABE) showed that the U.S. economy is predicted to experience moderate growth in 2026, while job creation is expected to remain sluggish. The survey, which was carried out from November 3rd to 11th, involved 42 professional forecasters. The median projection for economic growth in 2026 is 2%, which is higher than the 1.8% from the previous October survey. According to Reuters, this contrasts significantly with the 1.3% growth rate forecasted in the June survey. Respondents' median forecast also indicates that this year's inflation rate is anticipated to stabilize at 2.9% (slightly lower than the 3% projected in October) and then only moderately decline to 2.6% in 2026. Economists attribute a considerable portion of inflation to tariffs. Meanwhile, economists foresee that job growth will remain weak, with the monthly average addition of non-farm payroll jobs projected to be 58,000, which is

On November 25th, according to a report from Morningstar, Sandisk has outperformed Strategy Company, which has surprised some investors as it has been included in the S&P 500 Index. S&P Dow Jones Indices announced on Monday evening that Sandisk Corp. will be added to the S&P 500 Index on Friday. After the announcement, Sandisk (stock code SNDK) saw a more than 7% increase in after-hours trading. The company manufactures computer storage devices and will be moving from the S&P SmallCap 600 Index (SML) to the S&P 500 Index (SPX), taking the place of the advertising and marketing company Interpublic Group of Companies Inc. (IPG).

On November 25th, as per official channels, Binance Alpha has made an announcement. SUPERFORTUNE (GUA) is set to be launched on November 27th. Eligible users will be able to claim the airdrop on the Alpha event page by using Binance Alpha points after trading commences. Further details will be disclosed shortly.

On November 25th, the global liquidity expert Michael Howell stated in his latest podcast that the trend of currency inflation, which has had a significant impact on the market over the past decade, is expected to continue for at least another two to three decades. Against this macro background, Bitcoin and gold have become a reasonable choice for investors to hedge against inflation. He suggested that when holding Bitcoin in a portfolio, adjustments can be made based on volatility to optimize risk-reward. Howell cited data from the Congressional Budget Office (CBO) to point out that from 2000 to 2025, the U.S. federal government's debt stock has increased tenfold, while during the same period, the S&P 500 index has risen by less than 5 times, and the price of gold has risen 12 times. This ongoing debt expansion environment provides long-term value support for Bitcoin and gold. Regarding the Bitcoin market cycle, Howell stated that he did not find clear "four-year cycle" evidence in