Morning Bulletin - 03.01.2025

Morgan Stanley's subsidiary, E-Trade, has begun evaluating the option of offering cryptocurrency trading services to its users.

Spot Bitcoin ETFs in the U.S. closed yesterday's trading session with $242 million in sales. Meanwhile, the BlackRock ETF experienced its largest-ever sale since its inception, with an outflow of $332 million. Additionally, Ether spot ETFs saw $77 million in sales.

In collaboration with Tron, Tether announced the freezing of $100 million worth of USDT linked to illicit activities such as money laundering, fraud, and terrorist financing.

At the time of writing, Bitcoin (BTC) is trading at $96,663, while Ethereum (ETH) is at $3,448.

The Fear & Greed Index stands at a "57," indicating a neutral market sentiment.

Key developments expected today:

Sundog (SUNDOG): Token distribution will take place for users who link their wallets via Trust Wallet.