Solana, FTX, and ETFs

This week, we discuss bitcoin's range-bound trading and what upcoming option expiries might mean for price action. Additionally, the episode covers Solana's recent selloff, driven by concerns over memecoin launches and upcoming unlocks. FTX will begin repaying smaller creditors this week, which could have a positive impact on markets. We also review recent ETF applications and what their impact on spot trading flows may be. Lastly, David Han takes us through staking ETFs and potential changes at the CFTC.

Links:

• Coinbase Research
• 2025 Crypto Outlook

Topics Covered:

• BTC option expiries
• Solana price action
• FTX repayments
• Staking ETFs

Host: Joshua Pak, Senior CES Trader

Speakers:

• David Han, Research Analyst
• Gregory Sutton, Senior CES Trader