Insights 
VT 
In the United Kingdom, mortgage approvals in September surpassed expectations, reaching 65.944K compared to the anticipated 64.5K.
The Bank of Canada is expected to reduce its benchmark interest rate by a quarter point to 2.25%. This would be a continuation of September’s easing measure.
Us Federal Reserve Rate Projection
The US Federal Reserve is projected to decrease its policy rate following its October meeting. The language of the statement and Fed Chair Powell’s comments will be pivotal with no new economic data available.
Solana has partnered with Western Union, one of the largest remittance networks globally. Institutional interest in Solana continues to grow, as evidenced by the Bitwise Solana Staking ETF (BSOL), which saw $56 million in trading volume on its listing day.
The surprising strength in UK mortgage approvals suggests the housing market is more resilient than we thought. With UK inflation reported at a sticky 2.8% for September 2025, the Bank of England may be more cautious about cutting rates compared to other central banks. This divergence suggests buying call options on the British pound against the US dollar could be a worthwhile trade in the near term.
The Bank of Canada’s expected rate cut today is largely priced in, so the real opportunity lies in the volatility around the announcement. We’ve seen Canada’s Q3 GDP figures show a slight 0.1% contraction, so any language hinting at an accelerated easing cycle could send the Canadian dollar tumbling. We believe an options straddle on the USD/CAD currency pair is a smart way to trade the uncertainty of the central bank’s statement.
Focus On Forward Guidance
For the US Federal Reserve meeting, the focus will be entirely on the forward guidance rather than the widely anticipated rate cut itself. We remember how a single phrase from Chair Powell at the August 2025 Jackson Hole symposium caused a 2% intraday swing in the S&P 500. Given this sensitivity, buying VIX futures or call options could provide a good hedge against a market overreaction to his comments.
Solana’s partnership with a legacy payment giant like Western Union is a significant step towards mainstream adoption. This news, combined with the successful launch of the Bitwise spot ETF which saw over $56 million in volume, indicates strong institutional demand. With SOL’s price already up over 40% in October 2025, we are looking at out-of-the-money call options to speculate on further upside through the end of the year.
