Key Takeaways
- • Switzerland's FINMA approved the country's first retail fund that buys real bitcoin on October 20, waiving its usual risk-spreading rule, though the watchdog warned savers could still lose money.
- • US bitcoin funds took in $526.7 million on October 19, their best day since September, according to Analytics Insight.
- • Bitcoin trades at $81,524, 34% below its $126,198 peak from October 2025, per CoinMarketCap.
- • Solana (SOL) trades at $104.24, 63% below its $294.33 high from January 2025, after a network upgrade that cut payment finality from 12.8 seconds to about 150 milliseconds.
- • The article is promotional: it centers on Pepeto, a meme token in presale that claims $11.2 million raised and a 160% APY for stakers, claims not independently verified in the source.
Summary
Swiss financial regulator FINMA approved the country's first retail fund that invests directly in real bitcoin on October 20, according to reporting by The Block. FINMA waived its usual rule on spreading risk, citing bitcoin's long track record and high daily trading volume. The watchdog did not name the fund manager or a start date, but Cointelegraph reported that more firms have applied. FINMA also warned that sharp price swings could reduce the money investors put in.
The article frames bitcoin as the core holding in a crypto portfolio, noting that advisers commonly allocate one to five percent of savings to crypto. Bitcoin trades at $81,524 on CoinMarketCap, 34% below its October 2025 peak of $126,198. Analytics Insight reported that US bitcoin funds took in $526.7 million on October 19, their strongest day since September.
Solana switched on a major upgrade on October 21, according to The Crypto Times, reducing the time to lock in a payment from 12.8 seconds to roughly 150 milliseconds. SOL trades at $104.24, still 63% below its $294.33 high from January 2025, and the source cites a market capitalization of about $64 billion.
The piece also promotes Pepeto, a meme token in presale that it says has raised over $11.2 million, with stakers earning a 160% APY that the article says fluctuates daily and is not guaranteed. The article states the contract was audited by SolidProof, that the next presale price is $0.0000001902 with rising prices at each stage, and that a Binance listing is planned. These are promotional claims from the article itself and have not been independently verified. The piece closes with a call to visit the presale website and a standard disclaimer that crypto carries risk.
The article frames bitcoin as the core holding in a crypto portfolio, noting that advisers commonly allocate one to five percent of savings to crypto. Bitcoin trades at $81,524 on CoinMarketCap, 34% below its October 2025 peak of $126,198. Analytics Insight reported that US bitcoin funds took in $526.7 million on October 19, their strongest day since September.
Solana switched on a major upgrade on October 21, according to The Crypto Times, reducing the time to lock in a payment from 12.8 seconds to roughly 150 milliseconds. SOL trades at $104.24, still 63% below its $294.33 high from January 2025, and the source cites a market capitalization of about $64 billion.
The piece also promotes Pepeto, a meme token in presale that it says has raised over $11.2 million, with stakers earning a 160% APY that the article says fluctuates daily and is not guaranteed. The article states the contract was audited by SolidProof, that the next presale price is $0.0000001902 with rising prices at each stage, and that a Binance listing is planned. These are promotional claims from the article itself and have not been independently verified. The piece closes with a call to visit the presale website and a standard disclaimer that crypto carries risk.
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