[21Shares Submits Spot XRP ETF 8(a) Filing]
Bloomberg ETF analyst Eric Balchunas stated that 21Shares has submitted the 8(a) filing for a spot XRP ETF, expected to be listed after the 20-day effective period.
[Hong Kong's First Case of Unlicensed Investment Advice Sentencing: Financial 'Influencer' Sentenced to Six Weeks in Prison]
The Eastern Magistrates' Court of Hong Kong has sentenced financial 'influencer' Chau Pak Yin to six weeks in prison for providing investment advice without a license. Chau created and managed paid chat groups via social apps, violating relevant laws. This case marks the first instance in Hong Kong where someone has been sentenced to imprisonment for offering unlicensed investment advice. The Hong Kong Securities and Futures Commission (SFC) disclosed that Chau collected a total of HK$43,680 from group members and stated that it will continue to crack down on similar illegal activities and hold offenders accountable.
[Bitcoin OG Owen Gunden Deposits 500 BTC to Kraken]
On November 8, according to Onchain Lens monitoring, Bitcoin OG Owen Gunden deposited 500 BTC to Kraken this morning, valued at approximately $51.68 million. Owen Gunden currently still holds 6,650 BTC, valued at approximately $685.71 million.
[Ark Invest increases holdings by 43,454 shares of BMNR stock, totaling $1.745 million]
On November 8, Cathie Wood's Ark Invest increased its holdings by 43,454 shares of Bitmine Immersion (BMNR) stock through two funds, totaling $1.745 million. Among them, ARKK increased holdings by 33,698 shares, and ARKW increased holdings by 9,756 shares.
[Whale Closes Bitcoin and ZEC Short Positions, Losing Over $40.76 Million in the Past Week]
On-chain data shows that the 'Position-Holding Whale' (formerly the 100% Win Rate Whale) closed its Bitcoin and ZEC short positions earlier this morning. The ZEC short position ended in a loss, while the Bitcoin short position achieved a slight profit. Overall, the whale's positions have accumulated a total loss of approximately $40.764 million over the past week.