Stocks

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.

Strategy, formerly MicroStrategy, purchased 8,178 Bitcoin for $835.6 million at an average price of $102,171 per coin. The Virginia-based firm now holds 649,870 BTC with a total acquisition cost of $48.37 billion, averaging $74,433 per Bitcoin.

Strategy, Michael Saylor's bitcoin-focused holding company, acquired 8,178 BTC for $835.6 million at an average price of $102,171 per bitcoin during the week of November 10–16, 2025, according to a regulatory filing. The purchase brings the firm's total holdings to 649,870 BTC with an aggregate cost basis of $48.37 billion. The company financed the acquisition through sales of preferred and common stock under its at-the-market programs.

Gold advocate Peter Schiff accused Strategy (MSTR) of operating a fraudulent business model and challenged Michael Saylor to a public debate at Binance Blockchain Week in Dubai this December. Bitcoin fell below $99,000 over the weekend. Strategy's stock has dropped more than 50% since July.

Strategy Chairman Michael Saylor refuted claims on November 15 that the company had reduced its bitcoin position. Blockchain analytics platform Arkham Intelligence later confirmed the wallet movements represented internal custodial transfers rather than asset sales.

Harvard University's endowment held 6,813,612 shares of BlackRock's iShares Bitcoin Trust valued at $442.9 million as of September 30, according to SEC filings. The position increased from 1,906,000 shares worth approximately $116 million disclosed earlier in the year. The endowment also doubled its position in the GLD gold ETF to 661,391 shares valued at $235 million.

Bitcoin mining firm CleanSpark announced a private offering of $1 billion in zero-coupon convertible senior notes maturing in 2032, with initial purchasers holding an option for an additional $200 million. The Nasdaq-listed company plans to allocate approximately $400 million toward share repurchases. Remaining proceeds will support expansion of power and land assets, data center infrastructure development, and repayment of bitcoin-backed credit facilities.

Harvard University held 6.8 million shares of BlackRock's IBIT spot bitcoin ETF as of September 30, representing a 257% increase from the previous quarter. The position was valued at $442.8 million on that date, making IBIT Harvard's largest disclosed U.S. investment. The holding accounts for approximately 0.6% of the university's $57 billion endowment.

The Bitwise Solana ETF (BSOL) has recorded consecutive daily inflows totaling $357.8 million since its October 28 launch through November 14, 2025, without experiencing any outflows. Grayscale's competing GSOL product has drawn $24.4 million since October 29, showing mixed daily flow patterns.

Harvard University increased its stake in BlackRock's IBIT Bitcoin ETF from 1.9 million shares to 6.81 million shares by the end of September, bringing the position's value to approximately $442.8 million, according to regulatory filings. The institution also nearly doubled its gold ETF holdings to about $235 million during the same period. The expansion came as Bitcoin ETFs faced substantial outflows, with nearly $870 million exiting in a single session on Thursday, followed by another $492 million the next day.