Ethereum fell below $3,050 over the weekend before recovering to $3,190 on Monday. Analysts identify $3,650 as a critical breakout threshold, with warnings that failure to hold current support could drive ETH toward $2,800. Despite near-term weakness, industry observers compare Ethereum's current trajectory to Bitcoin's historical supercycle pattern.

Grayscale's Dogecoin exchange-traded fund could start trading within approximately one week, according to Bloomberg ETF analyst Eric Balchunas. The product would become the second U.S. Dogecoin investment vehicle, following REX-Osprey's DOJE which launched on September 18, 2025, using a derivatives-based structure.

SOL Strategies announced its Orangefin validator will provide staking services for VanEck's Solana ETF, according to a press release. The company operates ISO 27001 and SOC 2 certified validators managing over CAD$610 million in assets. Solana trades near $134 after declining more than 18% over the past week, with analysts watching the $100 support level.

Ethereum has declined more than 35% since Oct. 6, with long-term holders maintaining positions for 3–10 years now selling over 45,000 ETH daily. Institutional treasuries BitMine and SharpLink have accumulated a combined 4.35 million ETH, representing 2.9% of total supply and additional holdings. Spot Ethereum ETFs have recorded their largest monthly outflow on record, exceeding $1.2 billion withdrawn this month, according to SoSo Value.

Grayscale Investments filed an S-1 registration statement with the Securities and Exchange Commission on November 13, 2025, seeking to convert its Dogecoin Trust into a spot exchange-traded fund. The trust holds physical DOGE tokens and has designated Coinbase as prime broker and custodian. Bloomberg ETF analyst Eric Balchunas projected a potential launch as early as November 24, 2025, pending the SEC's standard 20-day review period.

Franklin Templeton will launch its XRP exchange-traded fund (EZRP) on November 18, followed by five additional issuers through November 25. Bitwise, 21Shares, CoinShares, Grayscale, and WisdomTree are scheduled to introduce their own XRP ETFs between November 20 and 25. Analysts view the concentrated rollout as a potential catalyst for institutional capital inflows despite recent price declines in the token.

Bitcoin dropped approximately 13% over the past week as rate-cut expectations shifted and exchange-traded fund outflows accelerated. Only four tokens among the top 50 by market capitalization posted gains during this period. Zcash, Monero, Uniswap, and ASTER outperformed through asset-specific catalysts that offset broader macroeconomic pressure.

VanEck began trading its Solana ETF (VSOL) on Nasdaq on November 17 with $10 million in seed capital representing 51,656 SOL tokens. The fund charges a 0.30% management fee, waived for three months on the first $1 billion in assets. Grayscale's competing GSOL holds $541.31 million in net assets and charges 0.35%.