Daily Market Wrap | Oct. 28

The NYSE is set to list Bitwise Solana, Canary Litecoin and HBAR, and Grayscale Solana spot ETFs for trading this week. These ETFs will include staking functionality, despite previous SEC actions.

Hopes for a preliminary consensus on a U.S.-China trade deal are influencing the market, potentially unlocking upside for Bitcoin. This sentiment is reflected in Deribit's data, which shows an easing of put bias and bearish flows since the October 10th crash.

Crypto staking company KR1 is planning a secondary listing on the London Stock Exchange. This move aims to enhance liquidity and attract institutional investors, following its initial debut on Nasdaq First North.

Wall Street bank Citi has partnered with Coinbase to expand digital asset payments for institutions. The collaboration will initially focus on fiat ramps and is expected to evolve to include 24/7 fiat-stablecoin conversions.

MetaMask has introduced multichain accounts, a feature that unifies Ethereum Virtual Machine (EVM), Solana, and soon Bitcoin addresses under a single recovery phrase. Automatic updates for this feature are being rolled out to both mobile and extension versions.