BlackRock ETF-related wallets transferred $356 million in BTC and ETH to Coinbase Prime.

U.S. stocks opened lower, with the Dow Jones Industrial Average down 460 points, the Nasdaq Composite down 102 points, and the S&P 500 down 0.51%.

James Wynn returned after 49 days, opening a 40x short position of 0.4947 BTC, worth $40,500, with a liquidation price of $82,671. (Lookonchain)

WisdomTree, with $170 billion in assets under management, stated that allocating 1% of its portfolio to Bitcoin in a 60/40 portfolio can improve risk-adjusted returns and views zero holdings as an active reduction rather than a neutral strategy. (Bitcoin Archive)

Russia's VTB Bank plans to obtain a license to offer Bitcoin trading services by the end of the year, with a limit of $3,700 per transaction for retail users annually. (Bitcoin Archive)

Kalshi, a prediction market platform, plans to launch futures contracts tracking the U.S. CPI and core CPI this December. It is currently marketing the product to major banks and hedge funds and has hired former Barclays trader Michael Ashton to handle contract design and institutional client development. The product aims to provide institutional investors with an inflation hedging tool. (Source: Bloomberg)