Bitget Daily Digest（October 15）｜SEC delays decision on Solana ETF; New York establishes first mayoral-level blockchain office; Kenya legislates crypto asset regulation.
Today's Preview
1. The US SEC has postponed the decision date for Bitwise and 21Shares’ Solana ETF proposals to October 16, 2025, at 09:00.
2. The TOKAS 2025 Global Real World Asset Tokenization Summit will open in Dubai on October 15, 2025, focusing on cutting-edge topics such as Real World Asset (RWA) tokenization.
3.The U.S. SEC Crypto Assets and Cyber Unit will hold a roundtable meeting on October 17, 2025, with the theme of Financial Surveillance and Privacy (covering topics related to crypto compliance and data protection), at SEC headquarters.
Macro Hot Topics
1. The Mayor of New York City has signed an executive order to establish the nation’s first mayor-level Digital Asset and Blockchain Office, aiming to promote compliant collaboration in digital assets and blockchain technology.
2. Japan plans to revise laws to prohibit insider trading in cryptocurrencies, with relevant amendments to be submitted to the National Diet in 2026.
3. Dubai has launched a financial sector reform plan, aiming to increase the contribution of virtual assets to GDP from 0.5% to 3% (approximately $3.5 billion).
4. A 10x Research report indicates that the recent market crash has exposed shortcomings in liquidation and risk control, recommending the introduction of a “circuit breaker mechanism” to handle extreme market conditions.
Market Updates
1. BTC and ETH are under short-term pressure, with slight pullbacks over the past 4 hours. Market sentiment is bearish, with total liquidations reaching $20.08million in the last 4 hours, mainly from long positions.
2. US stock markets closed mixed: tech stocks dragged down the Nasdaq, while the Dow Jones rose against the trend. Global risk appetite showed limited improvement.
3. Bitget liquidation map shows BTC/USDT currently at 112,450; concentrated liquidations in 10–50x leveraged long and short positions suggest potential short-term volatility. Caution is advised regarding high leverage risks.
4. In the past 24 hours, BTC spot inflows totaled $170 million, while outflows reached $269 million, resulting in a net outflow of $99 million.
5. Over the past 24 hours, contract trading net outflows led by BTC, ETH, USDT, BNB, and XRP suggest potential trading opportunities.
News Updates
1. Kenya’s parliament has passed a bill establishing a licensing and regulatory framework for crypto asset issuers, granting regulatory powers to the central bank.
2. The US and UK have jointly sanctioned Southeast Asian online scam groups, cutting off cryptocurrency money laundering channels.
3. The UK FCA has announced support for tokenization in the financial sector, encouraging enterprises to adopt emerging technologies.
4. Stripe’s Bridge is applying for a US National Bank Trust Charter to enhance stablecoin compliance capabilities.
Project Developments
1. Chainlink partners with SP Global to introduce stablecoin evaluations on-chain.
2. CME Group has listed Solana (SOL) and XRP options and futures, expanding institutional investment channels.
3. Starcoin and Starcoin Group jointly issue STAR, launching a “token-equity linkage” model.
4. Stripe introduces USDC subscription payment functionality on the Base and Polygon blockchains.
5. CodexField releases a Web3 content and AI model assetization protocol and token framework.
6. Solana’s real economic value (REV) in Q3 reached $223 million, leading the industry.
7. Arbitrum will unlock 92.65 million ARB tokens on October 16.
8. The Solana Foundation partners with Waybridge to develop a Korean won stablecoin, expanding ecosystem compliance.
9. Connex will unlock approximately 2.32 million CONX tokens (worth about $32.42 million) on October 15.
10. Multiple projects including KULA, SEI, AOP, and STRK will undergo large-scale token unlocks today, with the total amount exceeding $100 million.
Disclaimer: This report was generated by AI and human-verified for accuracy. It is not intended as investment advice.
