Today’s Insider ⬇️
Record Daily TVL: 21Shares' Hyperliquid ETF posts 'best day' inflows of $5 million as Coinbase becomes treasury deployer
BTC Sales Incoming? Strategy to retire $1.5 billion in convertible notes at a discount, may sell bitcoin to fund buyback
Spot Altcoin ETF: VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $78,236 | -1.05 | -24.45% |
Ethereum | $2,180 | -1.71% | -14.93% |
Solana | $86 | -2.91% | -48.88% |
XRP | $1.41 | -1.41% | -40.99% |
S&P 500 | $7,431 | -0.93% | +25.64% |
Gold | $4,557 | -2.57% | +46.01% |
Record daily TVL: 21Shares' Hyperliquid ETF posted its best day yet with $4.9 million in net inflows, coinciding with Coinbase becoming Hyperliquid's official USDC treasury deployer.
🔎 Insider Insight: The timing confirms that institutional infrastructure announcements are becoming direct ETF demand catalysts. With Bitwise launching its own HYPE ETF the same day, altcoin ETF competition is accelerating faster than anticipated.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Strategy to Retire $1.5 Billion in Convertible Notes at a Discount
BTC sales incoming? Strategy has agreed to retire $1.5 billion in convertible notes at roughly 92 cents on the dollar, listing bitcoin sales as one of three potential funding sources.
🔎 Insider Insight: Disclosing bitcoin sales as a potential funding source is the first formal acknowledgment that Strategy's BTC holdings are a liquidity backstop, not just a treasury asset. Saylor's intent to replace each coin sold with 10 to 20 more coins reframes each sale as capital management rather than a strategic retreat.
Which company currently holds the largest corporate Bitcoin treasury?
3. VanEck and Grayscale File Fresh BNB ETF Amendments
Spot altcoin ETF: VanEck and Grayscale filed fresh BNB ETF amendments on the same day, with Bloomberg Intelligence flagging BNB as the likely next crypto asset to clear the SEC's spot ETF review.
🔎 Insider Insight: Parallel amendments from two issuers on the same day typically signal active SEC engagement and a narrowing approval timeline. With Canary Capital advancing a staked TRX ETF simultaneously, the altcoin ETF queue is expanding well beyond Bitcoin and Ethereum.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
