CoinDesk May 25 update: 1. Vitalik Buterin: The Ethereum Foundation’s influence will continue to decline; 2. Bitcoin ETFs recorded $1.2 billion in weekly outflows, marking the third-largest negative week of 2026; 3. The U.S. Congress is investigating Polymarket and Kalshi for insider trading; 4. Hoskinson initiates a governance review of 11,000 DAOs; 5. Coinbase executive: Unfazed by Wall Street competition; 6. Suspected HYPE listing insider activity: HYPE long position #1 — HYPE long profit narrows to $34.2174 million; 7. Matrixport-related address (sub-address 1): ETH long position loss expands; 8. Suspected HYPE listing insider activity: HYPE long position #1 — HYPE long profit expands to $34.09 million; 9. Loracle: HYPE short position increases by 4,628.64 tokens, current P&L: -$33.6663 million; 10. Crypto bear leader — Top multi-asset short position: New ZEC short position opened at 1,487.66 tokens.
Vitalik Buterin: Ethereum Foundation's Influence to Continue Declining
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Summary
Ethereum news emerged as Vitalik Buterin stated that the Ethereum Foundation’s influence will continue to decline. Bitcoin ETFs experienced $1.2 billion in outflows last week, the third-worst outflow of 2026. The U.S. Congress is investigating Polymarket and Kalshi for potential insider trading. Charles Hoskinson is reviewing 11,000 DAOs. Coinbase executives remain confident in the face of Wall Street competitors. Altcoins to watch may gain momentum amid shifting market dynamics.
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