Today's Highlights
1. BitTap Lists BTT/USDT & SUN/USDT Spot Trading Pairs
2. Hong Kong to Issue Stablecoin Issuer Licenses in March
3. Jane Street Faces Legal Scrutiny Over Terra Collapse Allegations
4. Ethereum Foundation Publishes Strawmap Draft Roadmap with Five Key Goals
5. Bitcoin ETF Records $3 Billion Daily Trading Volume
Macro News
Bitcoin ETF Sees $506.6M Net Inflow, Ethereum ETF Gains $157.2M
According to Farside Investors, Bitcoin ETFs recorded a net inflow of $506.6 million on February 26, with IBIT and GBTC leading the inflows. Ethereum ETFs also saw a net inflow of $157.2 million, with FETH as the top performer.
BlackRock’s Spot Bitcoin ETF Records $3 Billion Daily Trading Volume
BlackRock’s Bitcoin ETF achieved a daily trading volume of approximately $3 billion, indicating strong liquidity and increased market participation. However, high volume does not necessarily reflect new capital inflows.
Jane Street Q4 Makes Record SLV ETF Purchase, Becomes Largest Holder
Jane Street Q4 made a record purchase of iShares Silver ETF (SLV), acquiring 20.6 million shares and becoming the largest holder. The move has raised concerns about potential market manipulation.
Nasdaq 100 Put/Call Ratio Hits Highest Level Since 2022 Bear Market Low
The Nasdaq 100 put/call ratio rose to 1.2, the highest since the 2022 bear market low. This suggests increased hedging activity among investors amid rising macroeconomic uncertainty.
Two Individuals Banned and Fined by Kalshi for Insider Trading
Kalshi banned and fined two individuals for insider trading. A former California gubernatorial candidate and a YouTube editor were penalized with fines and trading bans for using non-public information to make trades.
Industry Hotspots
Cactus Custody Launches Institutional-Grade MPC Solution
Cactus Custody, a Matrixport brand, launched an institutional-grade MPC solution. The platform combines Intel SGX TEE with risk management tools to enhance asset control and compliance for institutional clients.
Circle Stock Surges 35% on Earnings, USDC Transaction Share Near Half of Stablecoin Volume
Circle’s stock surged 35% following strong earnings. The company reported a 77% year-over-year revenue increase and expects USDC’s circulation to grow at a 40% CAGR. USDC now accounts for nearly half of stablecoin transaction volume.
Stablecoin B2B Payments to Reach $390 Billion in 2025
According to a report by Artemis and Stablecon, B2B stablecoin payments are expected to reach $390 billion in 2025, a more than 100% increase from 2024. The U.S. remains the largest recipient of stablecoin inflows.
Vitalik Buterin Sells 4,458 ETH Worth $8.92M, 97% of Planned Sale Completed
Vitalik Buterin sold 4,458 ETH worth $8.92 million, completing 97% of his planned ETH sale. He has 504 ETH remaining to sell, valued at approximately $104,000.
Bitcoin Miner Hut 8 Reports $248M Net Loss in 2025
Bitcoin miner Hut 8 reported a $248 million net loss in 2025, driven by $22 million in unrealized digital asset losses. The company signed a $7 billion, 15-year lease agreement with Fluidstack for its data center in Louisiana.
KOL and Institutions
@Fincoins
Crypto Market Update: BTC at $68,887 (+6.87%), ETH at $2,061.91 (+11.07%), BNB at $630.55 (+6.96%), SOL at $89.09 (+13.22%), XRP at $1.46 (+7.28%), ADA at $0.31 (+18.01%).
@Enso
Power Protocol (POWER) surged +64% to $0.97, while Enso (ENSO) dropped -29% to $1.97. Top gainers include $GMRT (+51%) and $SAFE (+43%).
@CoinMarketCap
Most viewed crypto coins include Bitcoin, Ethereum, Solana, Cardano, Dogecoin, and XRP. Verified Emeralds and Pippin also saw high interest.
@Marlow_Banes
Top crypto gainer: $ECG (+31.0%). Top loser: $GDDY (-15.9%). $CRCL saw a volume breakout with over 40M shares traded. $DOT rose +26.1% with strong volume.
@iamharxh
Price movement is heavily influenced by liquidity levels. Thin liquidity leads to large price swings, while deep liquidity results in smoother movements. Bitcoin markets still experience liquidity variations across exchanges.
@OnlineThal62253
Crypto sentiment is at extreme fear with a Fear & Greed Index of 11/100. Top losers include Dogecoin (-5.0%), MATIC (-4.5%), and Solana (-4.2%).
@Fidelity
Fidelity’s Bitcoin ETF (FBTC) led with $82.8 million in inflows on February 24 as Bitcoin ETFs recorded $258 million in total net inflows. Ethereum ETFs added $9.2 million in net inflows.
@BlackRock
BlackRock’s Bitcoin ETF recorded $3 billion in daily trading volume, reflecting strong liquidity and elevated market participation. High volume indicates activity, not necessarily new capital inflows.
@whale
A failed whale attempt to squeeze ARC longs on Lighter’s platform resulted in an $8.2 million loss. Nimble short-sellers profited, highlighting the unpredictable nature of crypto markets.
TBD Prediction Market Protocol
Solana-based prediction market protocol TBD secured $3 million in seed funding led by CMT Digital and ParaFi. Investors include Solana co-founder Raj Gokal and dYdX founder Antonio Juliano.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.