Bitcoin and Ether ETFs have recorded sustained outflows since early November, which Glassnode says signals institutional disengagement. Bitcoin and Ether exchange-traded funds have seen a prolonged streak of outflows, indicating that institutional investors have disengaged with crypto, said the analytics platform Glassnode. Since early November, the 30-day simple moving average of net flows into US spot Bitcoin (BTC) and Ether (ETH) ETFs has turned negative, Glassnode said on Tuesday. “This persistence suggests a phase of muted participation and partial disengagement from institutional allocators, reinforcing the broader liquidity contraction across the crypto market,” it added. Read more
Galaxy’s Alex Thorn says Bitcoin's $126,000 peak translates to $99,848 after being adjusted for inflation, falling short of its milestone six-figure mark. Bitcoin came just shy of hitting a milestone six figures when inflation is factored in, despite the cryptocurrency hitting an all-time peak of above $126,000 in October, says Galaxy head of research Alex Thorn. “If you adjust the price of Bitcoin for inflation using 2020 dollars, BTC never crossed $100,000,” Thorn said on Tuesday. Thorn said his adjusted price high for Bitcoin (BTC) accounted for the Consumer Price Index (CPI) decline in purchasing power incrementally across every inflation print from 2020 to today. Read more
Two new exchange-traded funds from Amplify track companies building the infrastructure for stablecoins and tokenization, blending stocks and crypto. Digital asset manager Amplify has launched two exchange-traded funds tracking blockchain projects across stablecoins and tokenization. The company said on Tuesday that its Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both went live on the NYSE Arca exchange. Both funds track a diversified index of companies working on products or infrastructure, along with projects that generate revenue from tokenization and stablecoins. Read more
The Ontario Securities Commission has cleared Matador to raise $58 million, which it intends to use to expand its Bitcoin treasury. Bitcoin financial services firm Matador Technologies has received the regulatory green light to sell up to 80 million Canadian dollars ($58.4 million) worth of company shares, which it will use to help reach its goal of owning 1,000 Bitcoin by the end of 2026. Matador said on Tuesday that the Ontario Securities Commission has permitted it to issue $58.4 million worth of common shares, warrants, subscription receipts, debt securities, or units over a period of 25 months. Matador CEO Deven Soni said the firm is “focused on increasing Bitcoin per share over time” and would “continue to target a treasury balance of 1,000 Bitcoin by the end of 2026.” Read more
Bitcoin has been a “monster in financial markets” even though it hasn’t hit the most optimistic 2025 price targets, says Anthony Pompliano. Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano. “Given where the volatility is right now, it would be very surprising that Bitcoin’s volatility has drastically compressed and yet still could get a 70% or 80% drawdown,” Pompliano said during an interview on CNBC on Tuesday. Pompliano said the short-term disappointment from Bitcoin (BTC) holders over the asset not reaching $250,000 this year overlooks the broader performance. “We have to remember that Bitcoin is up 100% in two years. It’s up almost 300% in three years. It has been compounding,” he said. Read more
Former-FTX US president Brett Harrison’s Architect Financial Technologies secured $35 million to build an institutional trading platform spanning crypto, equities, and futures. Brett Harrison, the former president of the now-defunct FTX US exchange, has closed a $35 million funding round for his new derivatives venture, signaling renewed investor confidence in the sector and continued venture appetite for crypto-linked derivatives infrastructure. On Tuesday, The Information reported that Harrison’s startup, Architect Financial Technologies, is using the funding to build an institutional trading platform spanning derivatives, equities, futures and digital assets. Participants in the round included Miax, Tioga Capital, ARK Investment, Galaxy and VanEck. The new capital follows a $12 million funding round in 2024 backed by Coinbase Ventures, Circle Ventures, SALT Fund and other investors. Read more
The project recently received approval to raise private, tax-deductible funding under Brazil’s cultural incentive laws, with a live performance planned in the federal capital. An experimental orchestral project in Brazil aims to convert Bitcoin price data into live music, after receiving approval to raise funds through one of the country’s tax-incentive programs for cultural initiatives. According to Brazil's Federal Register, the authorization allows the project to seek up to 1.09 million reais ($197,000) from private companies and individual donors for an instrumental concert that uses financial data to generate music, drawing on concepts from art, mathematics, economics and physics. The publication does not specify whether any blockchain or onchain infrastructure will be used in the performance. The performance will take place at the country's federal capital, Brasília. Read more