Altcoin ETF flows are diverging, with Ether stabilizing, XRP drawing steady demand and smaller funds seeing uneven traction. Spot Ether exchange-traded funds (ETFs) in the US recorded $84.6 million in net inflows on Monday, breaking a seven-day outflow streak in one of the biggest single-day reversals this month. The shift came after over $700 million exited spot Ether (ETH) products last week, highlighting a pause in selling pressure. According to SoSoValue data, the rebound lifted cumulative net inflows to about $12.5 billion. At the same time, XRP (XRP) ETFs extended their uninterrupted inflow streak, recording $43.9 million in net inflows on Monday, their strongest daily showing since early December. XRP ETFs have not experienced a single net outflow day since their launch, resulting in cumulative net inflows exceeding $1.1 billion. Read more
Harriet Hageman’s “Soon” teaser on X sharpens talk of a 2026 Senate bid to replace crypto ally Cynthia Lummis, raising the stakes for Wyoming’s pro‑crypto brand. Wyoming Representative Harriet Hageman fueled speculation about a 2026 Senate run after posting a cryptic video days after Senator Cynthia Lummis announced she will not seek reelection. The five-second clip shows the congresswoman alongside a single-word caption: “Soon.” It breaks a months‑long lull on her account and bolsters speculation that she is eyeing Lummis’ open seat. Wyoming’s Senate seat has been a reliable voice in advancing regulatory clarity for the crypto industry, from market structure bills and stablecoin regulation to banking access. Whoever replaces Lummis will help decide whether crypto keeps a dedicated champion in the Senate. Read more
Bybit will phase out services for Japan-based users starting in 2026, following earlier steps to halt new registrations. Bybit will begin phasing out services for residents of Japan from 2026, introducing gradual account restrictions as it moves to comply with the country’s regulatory requirements, the cryptocurrency exchange said on Monday. The exchange said users classified as Japanese residents will be subject to the restrictions on a rolling basis, while those incorrectly flagged have been asked to complete additional identity checks. Bybit is not registered with Japan’s Financial Services Agency, which requires crypto exchanges serving Japanese users to hold local approval. “If you're a resident of Japan, please note that starting from 2026 your account will be subject to gradual restrictions. You'll receive additional updates on the remediation process in subsequent communications,” the exchange said in an announcement on Monday. Read more
CoinEx’s Jeff Ko tells Cointelegraph there likely won’t be an altseason in 2026 as liquidity will flow into the top cryptocurrencies. The typical altcoin rally is likely to wane next year, with only “blue chip” cryptocurrencies seeing the lion’s share of liquidity, says CoinEx Research chief analyst Jeff Ko. “Retail investors expecting a rising tide to lift all boats will be disappointed,” Ko told Cointelegraph. “We predict no traditional altseason; instead, liquidity will be ruthlessly selective, flowing only to blue-chip survivors with real adoption.” Ko anticipated “modest global liquidity tailwinds in 2026,” tempered by divergent central bank policies, but added that Bitcoin's historical sensitivity to the M2 money supply growth “has softened since the 2024 ETF launches, with correlation diminishing.” Read more
CFTC acting chair Caroline Pham says Monday was her last day at the regulator, with Michael Selig being officially sworn in to chair the agency. The US commodities watchdog has a new leader. Michael Selig was sworn in as chair of the Commodity Futures Trading Commission on Monday as acting chair Caroline Pham departed the agency after nearly a year at the helm. Pham, who had been serving as the CFTC’s acting chair since January and its sole commissioner since August, said on Monday that it would be her last day at the agency. Meanwhile, the CFTC confirmed that Selig was sworn in as the agency’s 16th chairman on Monday after being nominated for the role by President Donald Trump on Oct. 27 and confirmed by the Senate on Thursday. Read more
Bitcoin perpetual open interest climbed to 310,000 BTC while funding rates doubled, signaling bullish positioning for the year-end. Crypto derivatives markets are heating up as Glassnode reports perpetual open interest has risen in anticipation of a big move at the end of this year. Perpetual open interest (OI) has risen from 304,000 to 310,000 Bitcoin (BTC) as its price briefly touched $90,000 on Monday, Glassnode said on Monday. The funding rate has also “heated up” from 0.04% to 0.09%, which suggests derivatives traders are anticipating a potential market move by the end of the year. Read more
BlackRock’s IBIT Bitcoin ETF has featured on the $13.5 trillion asset manager's homepage, representing one of three major investment themes as the market heads into 2026. BlackRock says its spot Bitcoin exchange-traded fund was one of its three biggest investment themes in 2025, putting it alongside Treasury bills and the largest US tech stocks. The asset manager named its iShares Bitcoin Trust ETF (IBIT) alongside its ETF tracking Treasury bills and another tied to the “Magnificent 7” tech stocks of Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla. IBIT has attracted more than $25 billion in net inflows this year, ranking sixth among all ETFs and trailing broad index funds, despite the fund delivering a negative return so far for 2025. Read more
Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices. Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts say. “When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with greater magnitude,” VanEck crypto research lead Matt Sigel and senior investment analyst Patrick Bush noted in a report on Monday. They noted that since 2014, Bitcoin’s 90-day forward returns have been positive 65% of the time when the network’s hashrate had declined over the prior 30 days, compared with 54% when the hashrate rose. Read more
Federal Reserve policy and crypto-friendly regulation could be setting the market up for a bullish 2026, but there are still a handful of hurdles investors should be aware of. 2025 was a blockbuster year for Bitcoin (BTC) and the wider crypto market as crypto-friendly legislators platformed growth-focused regulation and Wall Street finally accepted Bitcoin, Ether (ETH), and numerous altcoins as a valid asset class worthy of inclusion in an investment portfolio. The global bid on Bitcoin, Ether and Solana’s SOL (SOL) token was near immeasurable, with total net flows into the spot Bitcoin ETFs reaching $57 billion and the total net assets across the ETFs reaching $114.8 billion. Going into 2026, the real question is, will the pace of institutional, corporate and government-level adoption, which were critical price drivers in 2025, continue? Since October, the robust inflows to the spot Bitcoin ETF tapered off and, in some cases, turned into a sellers' market for weeks on end, and this was followed by a 30% co...
Luckey-backed Erebor raised $350 million at a $4.35 billion valuation as OCC and FDIC approvals signal momentum for crypto- and AI-focused banking. Erebor, the digital bank co-founded by tech entrepreneur Palmer Luckey and backed by billionaire Peter Thiel, has secured a $4.35 billion post-money valuation after raising $350 million in a funding round led by Lux Capital, according to Axios sources. The valuation milestone, which underscores growing institutional appetite for banking models tailored to crypto, AI and stablecoin-friendly customers, comes as Justice Department regulators take swift steps toward chartering the company. Erebor recently received preliminary conditional approval from the US Office of the Comptroller of the Currency (OCC), a key regulatory hurdle toward becoming a fully licensed bank. Read more