Tag: Ark

Bitcoin spot ETFs recorded a daily net inflow of $7.81 million, with only Fidelity’s FBTC posting a net inflow of $83.34 million, while BlackRock’s IBIT saw a net outflow of $70.71 million. The total assets under management (AUM) for bitcoin spot ETFs currently stand at $91.6 billion, with cumulative net inflows reaching $56.3 billion to date.

Trump aims for a swift resolution, seeking to end the Iran conflict within weeks—but lacks a clear exit strategy. His attention is divided among domestic issues such as the midterm elections and immigration policy, raising allies’ concerns that the war could exacerbate cost-of-living pressures. The White House asserts he can manage multiple fronts simultaneously while maintaining focus on military objectives.

A compromise proposal on stablecoin yield provisions in the U.S. Crypto Market Structure Bill has sparked division across the industry. Companies including Coinbase object to regulators potentially imposing subjective standards and restricting rewards tied to trading volume, while others fear the greater risk of losing the entire legislative framework. The proposal has already impacted markets, with Circle’s stock falling sharply. The final text is expected to be released shortly.

Mizuho Securities analysis notes that Mastercard’s acquisition of stablecoin infrastructure provider BVNK positions it to become a “network connector” bridging crypto assets and fiat systems. Stablecoins will serve as “accelerators” for its payment network—particularly driving efficient, low-cost fund flows in emerging use cases such as B2B cross-border payments—while card-based payments remain the core consumer access point. This deal represents a pivotal strategic move by Mastercard to expand its stablecoin-to-fiat conversion business.

Coinbase has partnered with Chainlink to bring exchange order book and derivatives data on-chain for the first time. This initiative provides DeFi applications with institutional-grade market data, supporting innovations such as derivatives and tokenized assets, and advancing on-chain financial infrastructure.

Bloomberg analysts noted that spot Bitcoin ETFs recorded $2.5 billion in net inflows this month, and BlackRock’s IBIT has turned positive on a year-to-date basis. Despite recent Bitcoin price declines and negative sentiment, ETF flows have demonstrated strong resilience. In contrast, gold investors experienced significantly greater outflows amid similar price drops, highlighting the steadfastness of Bitcoin holders.

Nasdaq-listed Bitmine has launched MAVAN, an institutional-grade Ethereum staking platform designed to deliver secure, high-performance, and compliant staking services for institutions. The platform integrates U.S.-based nodes with a global infrastructure and currently supports Bitmine’s own staking of over 3.14 million ETH (valued at approximately $6.8 billion), with plans to open access to more institutional investors in the future.

Ethereum spot ETFs recorded net outflows for the fifth consecutive day, with a single-day outflow of $40.8 million on March 24. BlackRock’s products showed divergent performance: ETHB saw modest inflows while ETHA experienced significant outflows. The ETFs’ total assets under management currently stand at approximately $1.22 billion, representing 4.71% of Ethereum’s total market capitalization.

On March 24, U.S. bitcoin spot ETFs recorded an overall net outflow of $74.53 million. Fidelity’s FBTC accounted for $45.35 million of that outflow—the largest single-fund outflow. The total assets under management (AUM) of bitcoin spot ETFs currently stand at approximately $89.7 billion, with cumulative net inflows exceeding $56.3 billion to date.

According to a report by South Korean regulators, cryptocurrency exchange outflows from the country totaled $60 billion in H2 2025 — a 14% year-on-year increase — primarily flowing to overseas platforms and private wallets, likely for arbitrage and other activities. Although local exchange user counts and deposit volumes rose, overall profitability declined.

OpenAI has completed a new $12 billion funding round, backed by a16z, Abu Dhabi’s MGX, and Microsoft. The company projects that by the end of 2026, its B2B and B2C revenue streams will each account for 50% of total income. Meanwhile, Sora—the once-viral video generation application—has announced its shutdown six months after launch. This signals OpenAI’s strategic pivot toward stabilizing revenue via enterprise services while accelerating experimentation and strategic focus on the consumer side.

Lido's 2025 revenue totaled $40.5 million, a 23% decline year-on-year, primarily driven by user withdrawals and falling staking yields. Intensifying competition in the Ethereum staking market has eroded its market share. Lido is evaluating an LDO buyback program and expanding new services targeting institutional and high-yield users.