Bitcoin
Spot ETF flows turn positive for a third consecutive week
Participants described the reaction as orderly, with spreads holding through the announcement.
Author
Thi Nien
Ethereum
Layer-2 settlement volume overtakes mainnet for the first time
The move follows a fortnight of steady flows and lands ahead of a policy window that participants had expected to stay quiet.
Regulation
Regulator publishes long-awaited custody consultation
The change takes effect immediately and applies across every venue covered by the current framework.
Exchanges
Exchange reserves fall to a two-year low
Desks reported the shift late in the session, with volumes concentrated in the final hour of trading.
Mining
Hashrate hits a record as difficulty adjusts upward
The move follows a fortnight of steady flows and lands ahead of a policy window that participants had expected to stay quiet.
Markets
Funding rates cool after a volatile options expiry
The figures are the strongest since the current reporting series began, and mark a clear break from the previous trend.
Markets
Institutional desks report a shift toward longer-dated exposure
The figures are the strongest since the current reporting series began, and mark a clear break from the previous trend.
Bitcoin
Stablecoin supply expands as on-chain settlement grows
The figures are the strongest since the current reporting series began, and mark a clear break from the previous trend.
Ethereum
Validator queue lengthens after a staking policy change
The move follows a fortnight of steady flows and lands ahead of a policy window that participants had expected to stay quiet.