BIT's Swiss asset management subsidiary, BIT AM, has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to launch Switzerland's first Bitcoin Fund ETF (ticker symbol: BBIT), which directly invests in Bitcoin. It is expected to list on the Swiss Stock Exchange in November. The fund adopts a Swiss collective investment scheme structure, with segregated assets, and is open to investors, allowing allocation of Bitcoin through ordinary Swiss bank accounts.

Grayscale releases cryptocurrency valuation ranking, with HYPE holders leading in returns and CAKE leading in profitability returns Grayscale has released its ranking of cryptocurrency asset valuations, with HYPE ranking first with a holder return rate of 8.0%, LIT at 7.9%, and CAKE at 2.6%. In terms of adjusted profitability, CAKE leads with 14.4%, LIT with 14.1%, and HYPE with 9.8%. The holders of AAVE, JUP, and CRV assets on the list have negative returns, with CRV at -5.5% and JUP at -2.6%. Grayscale's holder return calculation method is based on staking rewards plus repurchases minus newly issued tokens. JUP's adjusted profit return rate is 3.5%, but the holder return rate is negative.

The Ethereum Foundation has postponed the Glamsterdam upgrade on the Hoodi testnet, originally scheduled for October 26, to study the impact of EIP-8037 on mainnet smart contracts.

Grok Bot announced support for integration with both iOS and Android apps, allowing users to access calendars, reminders, contacts, and more on their phones. Elon Musk retweeted and confirmed the news.

Morgan Stanley Asset Management's tokenized money market fund launches Solana JPMorgan Asset Management announced on October 22 that the tokenized money market funds MONY and JLTXX have launched the Solana blockchain, which is open to eligible US investors. Qualified investors can subscribe and redeem through Morgan Money and receive token balances at a blockchain address. MONY is a private equity fund established under Rule 506 (c) and will be launched in December 2025. JLTXX is a government money market fund registered in the United States, with an investment approach aimed at supporting stablecoin issuers under the GENIUS Act framework. (Source: PR Newswire)