ETF redemptions accelerated with ETH spot ETFs seeing a $429 million exit (3rd day of outflows) while BTC spot ETFs also registered a $327 million outflow yesterday.
Price momentum faded after the strong Monday one. BTC dropped 2.2% to $112,455; ETH 2.1% to $4,050; BNB down 7% to $1,215; SOL flat at $198.
Market structure: Open interest turned down sharply (≈ −77k BTC and −1.67 million ETH), indicating low return of leveraged traders.
Macro pressure: Gold hit a new ATH of $4,130 and S&P 500 +1.5% with China vowing to “fight trade war to the end.”
VC & product demand: Fundraising surged to a record $3.48 billion in one week, as venture appetite returns even as spot sentiment cools.
A misleading 800,000 BTC wallet shuffle is distorting on-chain signals just as Bitcoin struggles below $80,000, leaving traders to parse real demand from accounting noise.
The Georgian government and National Bank are working with Tether to issue a sovereign lari-pegged stablecoin – the first of its kind for any country in the region.
Allman founded Ondo in 2021 and grew it into one of the largest tokenised real-world asset platforms; the company says his successor has been running day-to-day operations for over two years.
Indonesia's Ministry of Communication and Digital Affairs classified Polymarket as illegal online gambling after a wager on President Prabowo's political survival drew $46,000 in volume and official scrutiny.
