BTC steadied around $87,500 after BTC ETFs posted inflows of $129 million with flows becoming supportive but not yet decisive.
ETH and SOL also posted inflows of $79 million and $58 million each, signalling selective rotation into liquid altcoins rather than broad risk-on.
On-chain stress remains elevated with roughly one third of BTC supply still underwater, but long-term holders and institutions continue selective accumulation.
Macro prints are mixed; PPI met expectations, leaving the Fed path ambiguous and keeping two-way volatility intact.
Range to watch: $84,000–$90,000 for accumulation; reclaim above $92,000 would confirm tactical recovery.
The private placement builds on HSBC and Marketnode's earlier work under Singapore's Project Guardian, landing in a structured products market that generates a fifth or more of revenue at many Asian wealth platforms.
The Singapore state investment fund cites regulatory uncertainty and its $275 million FTX loss as reasons to steer clear of digital assets, even as it continues blockchain exploration.
The bank-owned messaging network is deploying its shared ledger for 24/7 cross-border tokenized deposit transfers, working alongside existing rails rather than replacing them.
