Crypto ETPs Record Fourth Consecutive Week of Global Outflows
Global digital asset investment products saw $173 million in weekly outflows, marking a month of continuous withdrawals as US selling pressure offsets international gains.
Global digital asset investment products saw $173 million in weekly outflows, marking a month of continuous withdrawals as US selling pressure offsets international gains.
The Harvard Management Company reduced its Bitcoin ETF holdings by 21% while initiating a new $86.8 million position in BlackRock’s Ethereum Trust.
Digital asset wealth platform Nexo has officially resumed operations in the United States, offering a suite of regulated services powered by Bakkt. The move follows a three-year hiatus after the firm previously exited due to regulatory challenges.
Animoca Brands has obtained a VASP license from Dubai’s VARA to offer broker-dealer and asset management services. The move comes as the emirate strengthens its regulatory framework by tightening oversight on privacy tokens and stablecoins.
The Netherlands is set to implement a mark-to-market tax regime for digital assets and securities, shifting away from a system of assumed returns previously struck down by the Supreme Court.
Binance denied allegations of Iran-linked sanctions violations and investigator dismissals, stating an internal review with external counsel found no compliance breaches.
Metaplanet reported a sharp revenue increase after pivoting to Bitcoin income operations, with crypto-related activities accounting for the vast majority of sales.
A Solana-focused treasury company saw its shares surge after launching a structure that enables borrowing against staked SOL while preserving yield and custody.
Crypto advocates are countering Wall Street calls for a blanket ban on stablecoin yield as US lawmakers debate key provisions in pending market structure legislation.
Trump Media & Technology Group has filed with the SEC to launch new crypto ETFs tied to Bitcoin, Ether, and Cronos, signaling deeper institutional engagement with digital asset investment products.
Coinbase shares rose 12% despite missing Q4 revenue and profit estimates, as analysts lowered price targets citing weak trading and macro pressures.
Mirae Asset is acquiring a 92% stake in crypto exchange Korbit for $92 million, signaling deeper institutional integration of digital assets in South Korea’s financial sector.
Boerse Stuttgart will merge its digital asset arm with Tradias to form a regulated European crypto unit offering trading, custody, staking and tokenized asset services.
US spot Bitcoin ETFs recorded $410 million in net outflows as bitcoin slipped below $66,000, reflecting macro-driven pressure and weaker institutional flows.
Authorities in Seoul confirmed that 22 BTC seized in 2021 was drained from a police-held cold wallet, prompting an internal investigation into evidence custody practices.