Key Takeaways:
- A wave of crypto-related IPOs suggests insiders are locking in profits
- ETF inflows into BTC and ETH decline significantly
- Broader market momentum is weakening, turning near-term outlook bearish
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Key Takeaways:
Bitcoin ownership has overtaken gold among US adults, and a Treasury buyback announcement has pulled the dollar, gold and Bitcoin into the same trade.
Strategy, Coinbase and MARA all posted double-digit weekly gains that tracked Bitcoin almost directly, while Circle fell on stablecoin-competition worries even after a strong week of its own.
The launch is also a bid to rebuild institutional credibility after a May exploit pushed at least one major partner toward rival Chainlink.
The launch extends Franklin Templeton's multi-chain BENJI platform into a new distribution channel, betting that regional exchanges can reach institutional demand faster than the asset manager's own platform alone.