Ethereum37,806 ETH Exit Dormancy: All ETH Whale Cohorts Underwater for First Time Since 2019
Four Ethereum wallets dormant since 2017 sold 33,623 ETH for $52.5M. First time since 2019, all major ETH whale cohorts sit on negative unrealized profit.
Institutional Adoption — News - Page 25
Ethereum
InstitutionalSBI Acquires Bitbank for $289M to Lead Japan's Crypto Market
SBI Holdings acquires Bitbank for $289M, gaining 100% control and 2.92M crypto accounts to become Japan's largest exchange by assets under custody.
MarketsMSTR Falls Below $100: Strategy's Reserves Last 14 Months
Strategy MSTR fell below $100 for the first time since 2024, STRC hit record low $82.50. CryptoQuant: cash covers only 14 months of dividends.
RegulationUS Senate Democrats Demand Hearings on Trump's WLF-UAE $500M Deal
Five Democratic senators demand hearings on a $500M Abu Dhabi investment in the Trump family's World Liberty Financial and its links to subsequent UAE deals.
EthereumEthereum Foundation Lays Off 54 Staff and Cuts Budget by 40%
Ethereum Foundation laid off 54 staff (20%) and cut its budget by 40%. Buterin targets an endowment model: spending drops from 15% to 5% of reserves after 2030.
InstitutionalFranklin Templeton Launches Franklin Crypto After 250 Digital Acquisition
Franklin Templeton closed its 250 Digital acquisition and launched Franklin Crypto. The firm's tokenized assets tripled to $2.5B over the past year.
InstitutionalOKX and ICE (NYSE) Launch Joint Venture for Tokenized Equities
NYSE parent ICE and OKX are launching a joint venture for tokenized NYSE equities. Andrew Cuomo will co-chair. Regulatory approval required.
StablecoinsBoE Sets 40 Billion Pound Cap on Systemic Stablecoins
Bank of England replaces individual stablecoin holding limits with a 40 billion pound issuance cap and raises the permitted bond allocation in reserves to 70%.
InstitutionalMorgan Stanley Files Ethereum and Solana ETFs at Record 0.14% Fee
Morgan Stanley filed amended SEC applications for Ethereum and Solana ETFs at 0.14%, making them the cheapest spot crypto ETFs in the US and the world.