Overview:

• Avalanche becomes the first blockchain to power a fully EU-approved digital securities platform under the DLT Pilot Regime.

• SpaceX moves over $105 million in Bitcoin as BTC rebounds above $91,000, while ETF inflows show renewed institutional interest.

• Upbit recovers $36 million in stolen Solana assets amid volatility, as Australia and Nasdaq roll out major regulatory and market reforms.

The crypto industry saw major developments across infrastructure, regulation, institutional participation and security today. From Avalanche powering Europe’s first regulated blockchain securities platform to SpaceX shifting more than $100 million worth of Bitcoin, here is the complete breakdown of today’s top stories in a fully updated global market context.

Avalanche Chosen for EU-Regulated Digital Securities Platform

Avalanche has achieved a significant breakthrough after it received full approval from the European Union to launch its regulated Trading and Settlement System (TSS) across all 27 member states. 

The platform, authorized under the European Commission’s DLT Pilot Regime, will enable digital securities to be traded and settled directly on-chain using a unified workflow. The new platform will begin full operations in 2026. 

Avalanche was selected as the foundation layer due to its high throughput, sub-second transaction finality and modular architecture suitable for institutional environments.

SpaceX Moves $105 Million in Bitcoin

Elon Musk’s SpaceX moved 1,163 BTC, worth around $105.4 million, across two new wallet addresses, according to Arkham Intelligence. 

The movement represents SpaceX’s first major wallet activity since October 29, when the company shifted 281 BTC to a separate address.

Arkham reports that SpaceX still holds 6,095 BTC, worth more than $557 million at current prices. Bitcoin climbed 4.4% to $91,576, driven by renewed buying interest after last week’s steep correction.

The broader crypto market cap rose 4.2% to $3.2 trillion. Despite the recovery, Bitcoin remains significantly lower on a monthly basis, still 27% below its all-time high of $126,080. 

Bitcoin ETF Market Sees Fresh Capital Inflows

Spot Bitcoin ETFs recorded a net inflow of $21.12 million on November 26, according to sosovalue. BlackRock’s IBIT led the inflows, bringing in $42.82 million. 

Ark Invest and 21Shares’ ETF ARKB also posted gains with $5.97 million in inflows. Fidelity’s ETF FBTC, however, saw a net outflow of $33.30 million. 

The total net asset value of all Bitcoin spot ETFs stands at $117.66 billion, representing 6.56% of Bitcoin’s total market capitalization.

Also Read: Bitcoin Price Rebounds to $91,000 Following Heavy Liquidations

Upbit Recovers $36 Million in Solana Assets After Breach

South Korean cryptocurrency exchange Upbit has recovered most of the $36 million in Solana-network assets stolen during a security breach on November 27. 

The unauthorized transfer involved various Solana-based tokens, including ORCA, RAY, DOOD and several other assets, which were moved to an unknown external wallet.

Dunamu Inc., Upbit’s parent company, temporarily suspended Solana transactions and initiated an extensive security audit while transferring affected assets into cold storage.

Market experts observed significant volatility in Solana ecosystem tokens following the breach. ORCA, for example, surged 60.77% in 24 hours, supported by speculative activity and reduced liquidity. 

Australia Moves Forward With Landmark Crypto Licensing Bill

Australia has introduced new law requiring digital asset platforms to hold an Australian Financial Services Licence (AFSL) as part of the Corporations Amendment (Digital Assets Framework) Bill 2025. 

The bill aims to integrate cryptocurrencies and tokenized assets into the country’s traditional financial laws, covering areas such as property rights, consumer protection, insolvency rules and tax regulations.

Under the proposed bill, crypto platforms must maintain strong governance frameworks, adopt clear asset-custody policies and provide transparent disclosures to customers.

Smaller platforms handling less than A$5,000 per customer and processing under A$10 million in annual transactions will be exempt from licensing requirements.

Also Read: Why Ethereum Is Losing Its Appeal Among Institutions?

Nasdaq Requests Fourfold Increase in Options Limits for BlackRock’s IBIT

The Nasdaq has filed a request with the US SEC to increase the position limits for BlackRock’s iShares Bitcoin Trust (IBIT) options from 250,000 contracts to 1 million contracts.

The exchange said the increase is necessary to support growing demand for Bitcoin derivatives, arguing that current limits restrict hedging strategies and institutional trading activity.

Market experts believe the SEC is likely to approve the change. Quantitative trading executive Vincent Liu said such increases are routine once an asset demonstrates sufficient liquidity. 

Analyst Adam Livingston noted that Nasdaq’s move signals Bitcoin’s evolution into a fully regulated asset class with deep institutional derivatives markets.

FAQs:

1. Why did the EU choose Avalanche for its regulated securities platform?

The EU selected Avalanche for its high throughput, near-instant finality, and architecture suited for institutional digital markets.

2. Why did SpaceX transfer $105 million in Bitcoin?

SpaceX hasn’t disclosed the reason, but analysts believe it may be related to treasury restructuring or secure storage rotation.

3. How much Bitcoin do spot ETFs currently hold?

Bitcoin spot ETFs collectively manage $117.66 billion, representing about 6.56% of Bitcoin’s total market value.

4. Was Upbit able to recover the stolen Solana assets?

Yes, Upbit recovered most of the $36 million stolen and assured customers it would cover any losses while tightening security measures.

5. Why is Nasdaq requesting higher options limits for IBIT?

Nasdaq argues that increasing limits to 1 million contracts will meet rising institutional demand and improve liquidity in Bitcoin derivatives.