The situation on the ETF front has reversed. US-based spot Bitcoin ETFs recorded net outflows of 486 million dollars, while spot Ethereum ETFs saw net outflows of 98 million dollars.
MSCI has, for now, removed from its agenda the option of excluding companies that hold a high proportion of crypto assets on their balance sheets and are referred to as “digital asset treasury” companies, similar to Strategy. These companies will continue to retain their current index memberships.
Bitmine, the company with the largest Ethereum treasury, staked an additional 109,504 Ethereum, carrying out an extra transaction worth 344.44 million dollars. As a result, the total staked amount reached 908,192 ETH, equivalent to approximately 2.95 billion dollars.
World Liberty Financial, a cryptocurrency company owned by the Trump family, has officially applied for a banking license in the United States.
At the time of writing, Bitcoin (BTC) is trading at 89,879 dollars, while Ethereum (ETH) is trading at 3,096 dollars.
The Fear and Greed Index stands at a neutral level of 43.
Important developments expected during the day:
Stable (STABLE): Approximately 2.01 million tokens will be unlocked, representing 44.35 percent of the market capitalization.
Xterio (XTER): Approximately 14.78 million tokens will be unlocked, representing 5.05 percent of the market capitalization.
