Bitcoin and Ethereum experienced a significant market downturn, losing a combined $797 million on November 4, 2025. This marks the largest synchronized decline since mid-September. Meanwhile, the Amplify XRP 3% Monthly Option Income ETF (XRPM) has been officially listed on the DTCC, a crucial step before it begins trading. Despite the market volatility, institutional investors are actively accumulating Bitcoin through ETFs such as IBIT, FBTC, and GBTC. Bitwise CIO Matt Hougan highlighted that while retail investors are in 'maximum despair mode,' institutional interest remains strong.