The BSCN Debrief The Bitwise NEAR ETF (NRR) has experienced net withdrawals for two weeks running, with approximately $4.38 million leaving the fund in the most recent week and $3.43 million the week before. The fund launched on September 29, 2026, and attracted more than $88 million during its first four weeks of trading before the trend reversed.
The TRUMP token has declined 26% over the past week to around $1.17, marking the steepest drop among major memecoins during that period. The token's market cap now sits at approximately $332 million, down from over $9 billion shortly after its January 2025 launch on Solana.
Monthly transfer volume for Ripple USD on the XRP Ledger climbed from $2.2 billion in January to $20.1 billion in October, marking more than 900 percent growth in 2026, according to Token Relations. The stablecoin now represents roughly 91 percent of all stablecoin value on the network.
The Avalanche blockchain has recorded over 1.6 billion transactions since its mainnet launched in September 2020, according to analytics platform Chainspect. The figure represents cumulative activity on the C-Chain, which handles smart contracts within the network built by Ava Labs.
Massachusetts Senator Elizabeth Warren is likely to assume the chairmanship of the Senate Banking Committee when Congress begins its new term in January 2027, following Democratic victories in recent midterm voting. Warren, currently the ranking Democrat on the panel, has been among Washington's most outspoken skeptics of digital assets.
Canary Capital's staked Injective ETF started trading on Nasdaq under ticker INJC on November 5, becoming the first US exchange-traded fund focused on the INJ token. The fund plans to stake at least 90% of its holdings and charges a 1.10% management fee plus roughly 30% of staking rewards. BitGo acts as custodian while net assets total around $15 million.
Elizabeth Warren is expected to take the Senate Banking Committee chair in January, the first US staked Injective ETF launched on Nasdaq, and Trump's memecoin fell 26% to lead weekly losses. Here's what mattered.
Sei Network disclosed that wallets holding tokenized United States Treasury products on its blockchain increased 41% during the last three months. The network currently holds approximately $275 million in tokenized real-world assets, ranking it 15th among blockchains in this category according to its own data.
Axis Robotics has started a program to buy back its AXIS token using a share of profits from its commercial contracts. The company will purchase tokens on the open market after each paid milestone and publish quarterly reports showing revenue, profit, buyback amounts, prices and transaction records. An initial $150,000 buyback has been completed.
The Sui blockchain now holds more than $500 million in stablecoins after an 18 percent rise over seven days, reaching $508.12 million by November 5. Circle's USDC makes up about 66 percent of that total at $336.08 million, with Sui Dollar, First Digital USD, BUCK, and rcUSD accounting for smaller shares.
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Strategy, BlackRock, and Fidelity pledge $15M to secure Bitcoin's codebase, the EU targets 14 crypto exchanges in its 21st Russia sanctions package, and Circle floods Solana with fresh stablecoin liquidity. Here's the week.
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