Avalanche (AVAX) - Granite Upgrade - 19 Nov 2025

EigenCloud plans to release about 36.82 million EIGEN tokens on December 1, 2025. This is around 10.79% of its supply. So many new tokens may cause the price to fall if traders decide to sell right after unlocking. But, if there is strong demand for EIGEN, the effect may be less or buyers could support the price. Big unlocks usually make the market more careful and can increase price swings. Users should check how the community reacts. source

On May 2, 2026, Omni Network will unlock about 7.99 million OMNI tokens, which is nearly a fourth of its current supply. Large unlocks like this can bring extra tokens to the market. If holders decide to sell, it could push prices lower due to more selling than buying. Still, if most tokens belong to long-term investors, the price drop may be small. Investors should watch for selling activity near the unlock date and be careful if trading this token. source

Recently, social media has been buzzing with claims that NVIDIA, the world’s leading AI chipmaker, is preparing to announce a massive Bitcoin purchase. The rumor caught fire across X and crypto influencer circles, where several accounts hinted that the company is planning to “add Bitcoin to its balance sheet,” potentially marking one of the largest corporate BTC entries since Tesla.

But how true is this claim? Here is an in-depth fact-check to clarify the situation.

Where Did This Claim Come From?

The rumor began circulating on November 7, 2025, after several influencer accounts, including Whale.Guru, suggesting NVIDIA is preparing to add Bitcoin to its corporate balance sheet in a significant way. The idea captured the community’s imagination partly because NVIDIA produces essential GPU hardware used in cryptocurrency mining.​​

But how credible is this claim, and what do the facts say?

Fact Check: What Do the Facts Show?

No Official Confirmation of Bitcoin Purchase

NVIDIA has not publicly announced adding Bitcoin to its balance sheet. The company’s latest official releases and investor communications do not refer to any Bitcoin holdings or purchase plans.​

Past Speculation but No Executed Transactions

Speculative discussions about NVIDIA possibly investing in Bitcoin surfaced earlier in 2025, but these remained unconfirmed, and no filings or transaction records support any such move.​

Absence of On-Chain Purchase Evidence:

Massive Bitcoin purchases typically leave on-chain footprints visible to analysts and the public. Coinpedia’s research confirms that no such large-scale Bitcoin transactions have been linked to NVIDIA.

Focus on Core Business

NVIDIA’s public focus remains on AI, gaming, and semiconductor innovation, notably deploying significant AI data center capacity in partnership with firms like OpenAI. No credible source indicates a Bitcoin purchase fits their near-term strategic plan.​

Summary Table: Coinpedia’s Evidence Against the Theory

Conclusion

Ark Invest bought 240,507 BitMine shares, worth approximately $9 million, across three of its exchange-traded funds on Thursday as BMNR dropped 9.8% in another negative trading session amid broader digital asset treasury company weakness.

Of the total acquisition, the Cathie Wood-led investment firm bought 167,348 BitMine shares (6.3 million) for its Ark Innovation ETF (ARKK), 48,361 shares ($1.8 million) for its Ark Next Generation Internet ETF (ARKW), and 24,798 shares ($927,000) for its Ark Fintech Innovation ETF (ARKF).

Ark's investment strategy aims to let no individual holding take up more than 10% of a fund's portfolio. This is to maintain diversification within its funds — meaning Ark is likely to continue rebalancing its weightings if the value of BitMine shares rises or falls significantly relative to Ark's other holdings in its funds.

According to the firm's disclosures, BMNR is currently the thirteenth-largest holding within its ARKK fund, with a weighting of 2.3%, worth around $175 million, as of Nov. 7, behind other crypto-related stocks like Coinbase and Robinhood. BitMine is also the thirteenth-largest holding within its ARKW fund, with a weighting of 2.3% and a value of $52.3 million, and the fourteenth-largest holding within its ARKF fund, with a 2.4% weighting, worth around $27.4 million.

BitMine shares closed down 9.8% on Thursday at $37.37 and have lost 20.1% over the past five days and 42.5% in the last month alone, according to The Block's BitMine price page. However, BMNR remains 769% up since BitMine embarked on its Ethereum treasury strategy at the end of June and is currently up 1% in pre-market trading on Friday, per TradingView. 

BMNR/USD price chart. Image: TradingView.

BMNR wasn't the only crypto-related stock hit on Thursday, with Robinhood down 10.8%, Coinbase falling 7.5%, and Strategy dropping 7%. The largest public bitcoin miner, IREN, also fell 12.4%, Circle dropped 11.5% and rival Ethereum treasury firm SharpLink slumped 7.9%. Meanwhile, bitcoin fell 2.3% on Thursday, ether dropped 3.4%, and the GMCI 30, representing a selection of the top 30 cryptocurrencies, also slid 3.4%.

BitMine eyes 5% of Ethereum supply

Supported by institutional investors including Ark Invest's Cathie Wood, Bill Miller III, DCG, Founders Fund, Galaxy Digital, Kraken, and Pantera, Tom Lee-chaired BitMine targets acquiring 5% of the circulating ETH supply, currently equivalent to around 6.04 million ETH.

BitMine added another 82,353 ETH to its stockpile last week, taking its total holdings to nearly 3.4 million ETH — currently worth around $11.2 billion — as of Nov. 2.

BitMine is currently the largest Ethereum treasury holder, followed by Joe Lubin's SharpLink and The Ether Machine, with approximately 859,400 ETH and 496,710 ETH, respectively, according to SER data. BitMine is also the second-largest public crypto treasury company overall, behind Michael Saylor's Strategy, which holds 641,205 BTC ($65 billion) — equivalent to more than 3% of bitcoin's total 21 million supply — following its latest acquisition announcement on Monday.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A new survey from Charles Schwab is getting a lot of attention from both crypto and the finance space.

The latest findings reveals that the interest in crypto ETFs is growing quickly, and is now on par with traditional options like bonds. This is a clear sign that crypto is gaining wider acceptance and the gap between crypto and trad-fi is slowly fading. 

Crypto ETF Interest Matches Bond Market 

According to a report from Charles Schwab, nearly half of ETF investors, around 45%, plan to invest in crypto-related ETFs in the next year. The study also shows that about 45% plan to invest in bond/fixed‑income ETFs.

Bloomberg analyst Eric Balchunas notes that this was an interesting development given that crypto currently accounts for only about 1% of total ETF assets under management while bonds are far ahead at 17%. 

What Do Investors Prefer?

Investor preferences vary across asset classes. In the case of crypto ETFs, 34% prefer index-style exposure, while 30% prefer active management. 

The interest in spot crypto ETFs is also strong, with 34% of ETF investors planning to invest in them over the next year. This shows that the appetite for direct crypto exposure continues to grow.

Millennials are driving the surge in crypto ETF adoption. About 57% of them plan to invest in crypto through ETFs, compared to 41% of Gen X investors and just 15% of “Baby Boomers”.

U.S. Equities Continue to Dominate

While crypto ETFs are gaining momentum, U.S. equities remain the top choice for investors, with 52% planning to increase their exposure through ETFs. Emerging markets and real assets also attract interest at around 40%, while international developed markets and alternatives sit below 30%.

The low costs and easy access were the main reasons investors choose ETF. Half of them also believe that ETF allows them to explore niche strategies and gain exposure to different asset classes that are not typically available.

ETF Adoption Is Spreading Fast

The study included 2,000 participants, with half of them being ETF investors. Even the Non-ETF investors showed strong interest in ETFs.

Balchunas notes that the whole survey was “super optimistic” overall and nearly everyone plans to increase their usage.

Crypto ETFs Beat Expectations

The crypto ETFs have far exceeded expectations. Since their launch in January 2024, spot Bitcoin ETFs crossed $100 billion in assets within a year, which took gold ETFs eight years. BlackRock’s IBIT led the way, hitting $50 billion in its first year, making it one of the most successful ETF launches ever. The spot Bitcoin ETFs have surpassed $150 billion in assets by Q3 2025.

Ethereum ETFs have been slower to take off but are gaining momentum, while altcoin ETFs are gradually establishing their place in the market as well.

According to Bloomberg, Ripple Cofounder and Chairman Chris Larsen now ranks among the world's wealthiest 200 individuals.

Bloomberg highlighted that a good year for Ripple boosted Larsen's fortune above $15 billion: the Securities and Exchange Commission (SEC) ended its five-year lawsuit against Ripple in August, and the current favorable regulatory climate for cryptocurrencies helped.

On Wednesday, Ripple announced it had closed a $500 million strategic investment at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities. The new funding round, together with the approximately 9% gain this year for the XRP price, has increased Larsen's fortune into the billions.

Chris Larsen's fortune is estimated at $15.3 billion, which places him among the 200 richest people in the world, according to the Bloomberg Billionaires Index, which is valuing his wealth for the first time.

Most of Larsen’s net worth is split between his 18% Ripple stake and his 2.7 billion XRP holdings, recently valued at about $6.3 billion. He also has a portfolio of real estate and other investments worth around $1.8 billion, which he disclosed to Bloomberg.

Ripple gaining traction

In 2012, Larsen cofounded OpenCoin, which would eventually become Ripple. He served as chief executive officer until 2016, when he became executive chairman.

In October, when Evernorth — the first of its kind institutional vehicle for XRP —launched, Larsen announced a 50 million XRP investment in the firm drawn from his crypto wallets.

Ripple continues to advance, with the company doubling its customer base quarter-over-quarter, according to Ripple President Monica Long, who attributed the growth to increased adoption of stablecoin payments and regulatory clarity that "really opened up the market" in the U.S. and abroad.

At the just-concluded Swell event, Ripple revealed its collaboration with Mastercard, WebBank and Gemini to introduce RLUSD settlement on the XRP Ledger for fiat credit card payments, beginning with the Gemini XRP credit card.