The SEC officially classified Bitcoin, Ether, Solana and XRP as « digital commodities » in its Order 34-106268, allowing Nasdaq Texas to enable a 15% NAV allowance for actively managed crypto ETFs. The cryptocurrency market reached $2.711 trillion as a short squeeze liquidated $566.90 million in positions over 24 hours, affecting 105,019 traders. Spot Bitcoin ETFs recorded $730.87 million in inflows, with BlackRock dominating at $454 million for its IBIT. Zcash surged 20% to $1,023, up 2,300% year over year, while XRP ETFs extended their inflow streak to 11 consecutive sessions with $1.68 billion cumulative.
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