Bitcoin ETFs hold billions after price crash, but resilience masks harsh reality

Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin’s brutal price crash, but that staying power isn’t necessarily the bullish signal that many have come to believe. According to one analyst, the resilience stems from market makers and arbitrageurs who trade in and out rather than die-hard long-term holders betting on price…

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CFTC’s Selig opens legal dispute against states getting in way of prediction markets

The legal challenges from state governments against certain aspects of prediction markets such as Polymarket and Kalshi received a sharp rebuke from U.S. Commodity Futures Trading Commission Chairman Mike Selig, who is arguing that his federal agency has jurisdiction — not the states. “To those who seek to challenge our authority in this space, let…

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Crypto VC firm Dragonfly raises $650 million despite ‘gloom of a bear market’

Crypto venture firm Dragonfly Capital completed a $650 million fourth fund, marking one of the largest raises in the sector at a time when many blockchain-focused VCs are struggling, Managing Partner Haseeb Qureshi said. “It’s a weird time to celebrate,” Qureshi wrote on a social media post on Tuesday, describing low spirits and “the gloom…

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Mubadala Investment Company and Al Warda boosted IBIT stakes in Q4

Two of Abu Dhabi’s major investment firms increased their exposure to bitcoin BTC$68,324.61 in the fourth quarter of 2025, buying into BlackRock’s spot bitcoin ETF as the market fell, according to recent regulatory filings. Mubadala Investment Company, a sovereign wealth fund backed by the Abu Dhabi government, added nearly four million shares of BlackRock’s iShares…

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Tether’s tokenized gold (XAUT) to be paid out for dividend payments

Elemental Royalty Corporation (ELE) is now offering shareholders something no other public gold company has before: the option to receive dividends in blockchain-based tokens backed by gold. In a move announced Tuesday, the Canada-based royalty company said it will distribute shareholder returns using stablecoin issuer Tether’s tokenized gold, Tether Gold (XAUT). Shareholders choosing this route…

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Stripe’s stablecoin firm Bridge wins initial approval to form national bank trust charter

Bridge, a stablecoin infrastructure firm owned by Stripe, said Tuesday it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to form a national trust bank. The charter would let Bridge National Trust Bank issue stablecoins, custody digital assets and manage reserves under direct federal oversight. It’s the latest…

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Bitcoin Bears Cap BTC At $70K Despite Negative Funding

Key takeaways: Bitcoin’s futures funding rates briefly turned negative, signaling that bullish traders currently lack the conviction to use leverage. Uncertainty regarding the long-term profitability of artificial intelligence has pushed investors toward gold and US government bonds. Bitcoin (BTC) failed to reclaim the $70,000 level on Tuesday following a retraction in the S&P 500 futures….

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