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US spot bitcoin funds face outflows over five straight days
US spot Bitcoin exchange-traded funds recorded net withdrawals over five consecutive sessions. BlackRock's iShares Bitcoin Trust drove a large share of the recent outflows.
- Five straight sessions of withdrawals drained funds across the market.
- Grayscale's Bitcoin Trust ETF also posted an outflow on Wednesday.
Ethlabs pushes Ethereum quantum upgrade to 2027, drops quick slots plan
XRP ledger lending proposal edges closer to validator network approval
Regulatory uncertainty slows institutional stablecoin adoption according to investor
AVAX
−2.2%Avalanche and CoreWeave record gains following institutional market developments
Avalanche gained after the New York Stock Exchange selected its blockchain technology to power settlement for a new tokenized securities platform. AVAX reached $8.60 after trading volume increased.
South Korea to let crypto exchanges freeze withdrawals on hacking suspicion
South Korea's Financial Services Commission plans to issue a no‑action letter that lets crypto exchanges suspend deposits and withdrawals when hacking is suspected.
XLM
−0.9%Elon Musk's Grok AI releases speculative price scenarios for Bitcoin
Elon Musk's Grok AI published a speculative scenario for Bitcoin. The model imagines an unlikely surge in sovereign and institutional demand that could push Bitcoin far above current levels by January 1, 2027.
Ripple backed Evernorth files to resell shares after price drop
Ripple-backed XRP treasury company Evernorth Holdings filed to register 73.7 million shares for potential resale by existing investors.
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