Morning wrap Oct 15: BTC and ETH slide, VanEck drops stETH ETF, Polygon wins licenses in 48 states
- —BTC traded near $81,125 and ETH near $2,371, with $954.18 million liquidated in 24 hours
- —Longs accounted for 92% of liquidations at $877.61 million, shorts at $76.57 million
- —VanEck withdrew its ETF application tied to Lido-staked ETH, giving no reason
- —Polygon holds 37 money transmitter licenses and can operate in 48 US states
Why it matters: VanEck's stETH ETF withdrawal and nearly $1 billion in liquidations add pressure on ETH and the broader market.
Source: CoinSpot