Ethereum ETFs See Significant Outflows After Record Inflow Streak
US spot Ethereum ETFs experienced $196.6 million in net outflows Monday, marking their second-largest daily withdrawal since launch, according to SoSoValue data.
World’s Largest Sovereign Fund Goes Big on Bitcoin—Exposure Jumps 83%
In a bold move, Norway’s massive $1.7 trillion sovereign wealth fund ramped up its Bitcoin exposure by 83% last quarter, according to Standard Chartered.
Gemini Files for Nasdaq IPO Under Ticker “GEMI,” Reports Revenue Decline
Crypto exchange Gemini has taken a step toward its 2025 IPO with the public release of its S-1 filing on Friday.
Fed Abandons Crypto Supervision Program Amid Regulatory Retreat
The Federal Reserve has abruptly shut down its Novel Activities Supervision Program, a 2023 initiative meant to monitor banks’ crypto and fintech ventures—raising questions about oversight gaps.
SEC Postpones Solana ETF Approvals, Reflecting Wider Crypto ETF Scrutiny
The US SEC has delayed its decision on Bitwise and 21Shares.
Coinbase Closes Deribit Buyout in $2.9B Power Move, Shaking Up Crypto Derivatives
Coinbase has officially taken over Deribit in a $2.9 billion mega-deal, combining forces to dominate the crypto derivatives arena.
Crypto Markets Reel as Hot PPI Fuels Fed Policy Uncertainty
Crypto derivatives faced $1 billion in liquidations following a higher-than-anticipated PPI report, which sent Bitcoin down 2%+ and revived concerns about the Fed’s rate-cut timeline.
