Author: Tristan Lodenberg

Cathie Wood’s Ark Invest added $6.9 million worth of Coinbase shares on Tuesday, signaling renewed confidence after trimming its position earlier this month. According to the firm’s latest trade disclosures, Ark acquired 41,453 Coinbase shares across three of its exchange-traded funds. The largest allocation went to the ARK Innovation ETF (ARKK), which purchased 29,689 shares valued at approximately $4.9 million. The ARK Next Generation Internet ETF (ARKW) added 7,525 shares worth $1.2 million, while the ARK Fintech Innovation ETF (ARKF) bought 4,239 shares valued at roughly $704,000. Ark maintains a strategy that caps individual holdings at around 10% of a…

The recent divergence between Bitcoin and major U.S. technology stocks is drawing attention from macro investors who see it as an early warning of financial stress. While the Nasdaq 100 has struggled to maintain momentum, Bitcoin has shown relative strength, prompting debate about whether liquidity conditions are shifting beneath the surface of global markets. Bitcoin has often traded in correlation with high growth tech equities, as both are considered liquidity-sensitive assets. When that relationship weakens, it can signal a change in credit expectations. Some market observers argue that Bitcoin reacts faster than equities to tightening or expansion in fiat liquidity,…

US spot Bitcoin exchange traded funds recorded $104.9 million in net outflows during Tuesday’s session, marking a subdued start to the trading week. Data shows that total volume across spot Bitcoin ETFs dropped to just over $3 billion, a steep decline from the $14.7 billion peak recorded earlier this month. The slowdown reflects cooling short term momentum, even as institutional disclosures for the fourth quarter of 2025 reveal significant portfolio reshuffling among major investors. Jane Street and Laurore Emerge as Major IBIT Buyers Among the most notable buyers was Jane Street, which acquired approximately $276 million worth of shares in…

Asset managers are accelerating efforts to bring prediction market strategies into the mainstream ETF structure. This week, both Bitwise Asset Management and GraniteShares submitted prospectuses to the U.S. Securities and Exchange Commission seeking approval to launch exchange traded funds tied to U.S. election outcomes. The proposed products would provide exposure to binary event contracts linked to federal elections. These contracts, traded on exchanges regulated by the Commodity Futures Trading Commission, settle at $1 if a specified political outcome occurs and $0 if it does not. Structure of the Proposed Election ETFs Bitwise’s planned lineup includes six funds under a prediction-focused…

The state of Nevada has filed a civil lawsuit against prediction market platform Kalshi after a federal appeals court declined to block state regulators from pursuing action against the company’s sports event contracts. The US Court of Appeals for the Ninth Circuit denied Kalshi’s request to stop enforcement efforts by the Nevada Gaming Control Board. Shortly after the ruling, the regulator launched a civil enforcement case in state court, alleging that Kalshi is offering unlicensed wagering products in violation of Nevada gaming laws. State officials argue that Kalshi’s sports event contracts effectively allow users to bet on the outcomes of…

Washington-based policy group Coin Center is pressing the U.S. Senate Banking Committee to move forward with the Blockchain Regulatory Certainty Act, warning that weakening the proposal could harm blockchain innovation in the United States. Originally introduced in 2018 by Tom Emmer, the bill was recently updated by Senators Cynthia Lummis and Ron Wyden. The revised draft aims to clarify that software developers and infrastructure providers who do not control customer funds should not be classified as money transmitters under federal law. Coin Center argues that developers of blockchain software should receive the same legal protections as internet service providers or…

Venture capital firm Founders Fund, backed by billionaire investor Peter Thiel, reported holding zero shares in crypto treasury company ETHZilla by the end of 2025, according to recent filings with the Securities and Exchange Commission. The disclosure marks a complete exit from a position that stood at roughly 7.5% as recently as August. Ether Treasury Strategy Unravels After Market Peak Based in Palm Beach, ETHZilla pivoted from a struggling biotech business into an Ethereum-focused treasury model, at one point accumulating more than 100,000 ETH. However, after digital asset markets peaked in October, the firm sold approximately $40 million worth of…

Shares of eToro climbed more than 20% after the online trading platform reported stronger than expected fourth quarter earnings driven largely by growth in its cryptocurrency business. The stock closed at $33.07 following the results reflecting renewed investor confidence despite broader volatility in digital asset markets. For the fourth quarter, eToro posted net income of $68.7 million, marking a 16% increase compared to the same period a year earlier. Earnings per share came in at 71 cents, outperforming analyst estimates of 60 cents. Revenue for the quarter totaled $3.87 billion with crypto-related activity contributing $3.59 billion of that figure. Crypto…

BlackRock has taken a concrete step toward launching a yield-generating Ethereum ETF in the United States according to an amended S1 filing. An affiliate of the asset manager purchased 4,000 seed shares at $25 each, injecting $100,000 in initial capital into the proposed iShares Staked Ethereum Trust ETF expected to trade under the ticker ETHB. That capital will be used by the trust to acquire Ethereum (ETH). Staking Strategy and Yield Expectations Unlike BlackRock’s existing spot Ethereum ETF iShares Ethereum Trust ETF which passively tracks ETH’s price, the new product aims to generate yield through staking. The filing states the…

Solana based memecoin launchpad Pump.fun has introduced a new rewards structure that redirects platform incentives from token creators to active traders. The update allows coin deployers to choose between the traditional 0.3% Creator Fee or a new “Cashback Coins” model before launching a token. Once selected, the decision cannot be reversed. Under the revised system Cashback Coins are generated on every trade and are accessible exclusively through Terminal, the trading interface integrated into Pump.fun. The move follows criticism that the previous structure disproportionately rewarded token deployers while most traders struggled to break even. Pump.fun Revenue Decline Signals Pressure on Model…