[Bitpush Daily News Selection] Canary spot XRP ETF records $580 million in trading volume on its first day, setting this year's ETF launch record; Strategy shares fall to a 13-month low, still trading at nearly a 20% premium to its bitcoin holdings; Chicago Board Options Exchange to launch prediction markets within months, but will avoid sports events

Bitpush editors' daily selection of Web3 news:

[Canary SpotXRP ETF Hits $580 Million in First-Day Trading, Sets This Year's ETF Launch Record]

According to Bitpush, the Canary XRP spot ETF (ticker XRPC) officially debuted on Wall Street, reaching a first-day trading volume of $580 million, setting the highest record among nearly 900 ETF launches this year. This performance surpassed the previous first-day trading record of $570 million set by the Bitwise SolanaETF (BSOL).

Bloomberg senior ETF analyst Eric Balchunas revealed on social media that XRPC achieved $260 million in trading volume within the first hour of opening. Currently, the top three first-day trading volumes are all crypto ETFs: BSOL ($570 million), REXShares' XRPR ($377 million), and REX-Osprey DOGE ETF ($170 million).

It is worth noting that despite the overall decline in the crypto market, XRP's price remained relatively strong in Thursday's trading, holding near $2.3 at press time. With the US government ending its shutdown, multiple institutions' crypto ETFs are awaiting final approval from the US SEC.

[Strategy Stock Price Falls to 13-Month Low, Still Trades at Nearly 20% Premium Over Its Bitcoin Holdings]

According to Bitpush, as bitcoin's price fell back to $98,000, Strategy (MSTR) dropped another 6.6% on Thursday, widening its year-to-date decline to 30%, with its stock price returning to levels seen before Trump's election in November last year.

Although the company holds 641,700 bitcoins (worth about $63.2 billion), its enterprise value (including preferred stock and debt) has reached $75.4 billion, nearly 20% higher than the value of its bitcoin holdings. According to the company's dashboard, its mNAV ratio is currently 1.19.

Analysis shows that while some investors believe MSTR has entered a buying range, considering the company's debt and preferred equity, its common stock still trades above the actual value of its bitcoin holdings.

[Chicago Board Options Exchange to Launch Prediction Market Within Months, Avoids Sports Projects]

According to Bitpush, Cboe Global Markets Inc. plans to launch its own prediction market service within a few months, but unlike some competitors, the company will currently avoid launching sports-related projects. The industry offers event contracts regulated by the federal government.

[Market News: BlackRock BUIDL Now Accepted by Binance as Trading Collateral]

According to Bitpush, market sources report that BlackRock's tokenized money market fund BUIDL is now accepted by Binance as trading collateral.

[BTC OG Owen Gunden Has Moved Half of His BTC Holdings to Exchange, Worth Nearly $300 Million]

According to Bitpush, Arkham monitoring data shows that well-known bitcoin whale Owen Gunden has deposited more than half of his bitcoin holdings, worth about $290 million, directly into the crypto exchange Kraken.

After this operation, Gunden's bitcoin holdings have been significantly reduced, with only about $250 million remaining. Large asset transfers to exchanges are usually seen as potential sell signals, but the specific intention remains unclear. The market is closely watching for further developments.

[CryptoQuant: Bitcoin Long-Term Holders Sold 815,000 BTC in the Past 30 Days, Highest Since January 2024]

According to Bitpush, CryptoQuant stated that bitcoin long-term holders are accelerating their BTC sales, with about 815,000 BTC sold in the past 30 days, the highest since January 2024. As demand contracts, selling pressure is putting downward pressure on prices.