Ethereum's 2026 Roadmap [feat. Bitwise] #CHAINREACTION https://t.co/caPN4c72yz ...

Coinbase's (COIN) decision to end support for U.S. market structure legislation won't derail the process, investment bank HSBC said, suggesting that while CEO Brian Armstrong prefers no bill over a bad bill, he would probably accept a sensible compromise. The report maintained that a legislative floor is essential to providing the stability required for institutional entry. "Coinbase withdrawal of support is not a death-knell for U.S. market structure legislation," analysts Daragh Maher and Nishu Singla ...

Core Insights - Bitwise has registered a Delaware statutory trust named Bitwise Uniswap ETF, indicating a potential future launch of an ETF linked to Uniswap [1] - The registration follows the SEC's closure of its investigation into Uniswap Labs in February 2025, which examined whether activities related to the decentralized exchange violated U.S. securities laws [2] Legal and Regulatory Considerations - Analysts note that the focus has shifted to structure, liquidity, and trade execution as legal uncertainties diminish, with any ETF needing to demonstrate clear pricing and sufficient volume [3] - Approval for the ETF will likely depend on regulators' assessment of Uniswap's decentralization and the reliability of its on-chain liquidity [3] Governance and Internal Issues - Uniswap is recognized as a highly liquid decentralized exchange but is currently facing challenges related to fragmented volumes and internal governance issues [4] - There is growing scrutiny over governance, with community members arguing that tokenholders gain limited economic benefits from governance rights [5] - Tensions have escalated following Uniswap Labs' launch of Unichain without DAO approval, leading to concerns about the concentration of control [5] Recent Developments in Governance - The UNIfication governance vote merged the Uniswap Foundation into Uniswap Labs, which critics argue has weakened DAO independence [6] - UNI's market performance has suffered, trading around $4.78, down approximately 60% over the past year [6] Market Performance - UNI's market cap has decreased by $4.15 billion, dropping it to the 32nd position among the largest crypto assets [7] - Despite recent price weakness, Uniswap processed about $859 million in trading volume in the last 24 hours, and the protocol facilitated nearly $1 trillion in volume over the past year [8][9] Sentiment and Potential Price Movement - Sentiment data indicates a potential short-term price reversal for UNI, with high negative commentary suggesting that retail selling may be exhausting [8]

Core Insights - U.S. spot Bitcoin ETFs experienced a net inflow of $6.8 million, ending a five-day streak of outflows that totaled nearly $1.72 billion [1] - BlackRock's iShares Bitcoin Trust ETF (IBIT) and Grayscale Bitcoin Mini Trust ETF (BTC) were the top gainers, attracting inflows of $15.9 million and $7.7 million respectively [1] - Conversely, Bitwise's Bitcoin ETF (BITB) and Fidelity's Wise Origin Bitcoin Fund (FBTC) faced outflows of $11 million and $5.7 million, while ARK 21Shares Bitcoin ETF (ARKB) lost $2.9 million [2] Market Context - The recent inflow marks a positive shift after significant losses, with the previous Wednesday alone seeing outflows of $708.7 million [3] - Bitcoin's price was down 0.4% at approximately $87,815, reflecting a decline of 2.5% over the past week, 5.8% over the past fortnight, and 11.9% year-to-date [3] - Analysts view the uptick in ETF inflows as a significant indicator, despite Bitcoin's recent price stagnation [4] Analyst Commentary - David Morrison, a senior analyst, noted that the inflow is a positive sign amidst previous outflows linked to Bitcoin's selloff [4] - He expressed that Bitcoin may need to consolidate before a sustained rally, as it is not currently responding to movements in U.S. equities [5] - Morrison highlighted that the strongest correlation for Bitcoin is with the U.S. dollar, which has recently fallen to a three-and-a-half year low [6] Future Outlook - A potential increase in the dollar could positively impact Bitcoin, helping it to break above mid-January highs [7]

Core Insights - The cryptocurrency market has reached a mainstream status, with significant adoption by financial advisors and institutional investors [4][6][12] - The introduction of spot ETFs has simplified access to cryptocurrencies, allowing investors to buy them similarly to traditional stocks [2][3] - Regulatory improvements under the new administration have increased confidence among financial advisors and investors, facilitating greater participation in the crypto market [16][17] Financial Advisors' Perspective - Approximately 30 to 40 percent of financial advisors are now incorporating cryptocurrencies into client portfolios, indicating a shift from niche to mainstream investment [7] - A survey revealed that 99 percent of advisors who currently hold crypto plan to either maintain or increase their exposure in the coming years, despite a challenging market in 2025 [9][11] - Advisors are adopting a long-term investment strategy, with many holding cryptocurrencies rather than engaging in short-term trading [8] Market Trends and Future Outlook - The cryptocurrency industry is expected to continue its rapid growth, driven by institutional adoption and regulatory clarity, with significant developments anticipated in 2026 [21][19] - The Clarity Act, currently under congressional debate, could provide a stable regulatory framework for the crypto industry, further enhancing its legitimacy [19] - The normalization of cryptocurrencies as a standard asset class alongside stocks and bonds is becoming evident, suggesting a lasting impact on the financial landscape [22][23]

LATEST: 💰 Bitwise has launched a DeFi vault on Morpho, aiming for an annual yield of up to 6% on USDC through over-collateralized lending markets. https://t.co/BMD5RCAy7v ...

据彭博社报道，在 2022 年多起平台爆雷后，加密市场主打"安全收益"的 Vault（链上收益池） 规模已回 升至 60 亿美元，Bitwise 预计到 2026 年底或将翻倍，主要受稳定币收益需求推动。Vault 通过非托管智 能合约将资金投向借贷、做市等策略，强调透明与不占用平台资产负债表，但业内警告，竞争压力可能 促使部分管理方放松风控、引入杠杆，重现风险。 （来源：吴说） ...

Gold’s surge past $5,000 an ounce and mounting uncertainty around U.S. crypto legislation are shaping a critical moment for digital asset markets, according to Bitwise Chief Investment Officer Matt Hougan. Key Takeaways: Gold’s surge above $5,000 reflects growing distrust in fiat currencies and centralized financial systems. Institutional demand for assets beyond government control is reshaping how investors view both gold and crypto. As trust in traditional institutions erodes, crypto’s self-custody ...

VanEck has officially launched its spot Avalanche (AVAX) ETF after filing initial paperwork with U.S. regulators in March 2025, becoming the first such product to trade on Nasdaq under the ticker VAVX. This move creates a regulated vehicle for direct exposure to AVAX, following the path set by Bitcoin and Ethereum ETFs that have drawn substantial capital. The firm manages over $100 billion in assets and has successfully operated spot Bitcoin and Ethereum ETFs since their approvals. This latest addition b ...

Core Insights - Nearly 60% of the largest banks in the U.S. are either already offering Bitcoin-related services or expect to do so, indicating a significant trend towards Bitcoin adoption in the banking sector [1][5] Group 1: Current Offerings and Initiatives - Major U.S. banks such as JPMorgan Chase have launched Bitcoin trading services, while Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley provide Bitcoin exposure primarily to high-net-worth clients [2] - U.S. Bank and BNY Mellon are among the first systemically important banks to offer custody services for Bitcoin [3] - PNC Group has launched both Bitcoin custody and trading services, while State Street and HSBC's U.S. operations have announced custody plans [5] Group 2: Exploratory Stages and Recommendations - Some banks, including Citigroup and Fifth Third, are still in the exploratory stages regarding custody and trading offerings [6] - Bank of America has recommended that clients allocate up to 4% of their portfolios to cryptocurrencies, reflecting a shift in stance even among banks without direct Bitcoin products [4][9] - Bank of America also plans to initiate coverage of four U.S.-listed spot Bitcoin exchange-traded funds (ETFs), which provide direct exposure to Bitcoin [10] Group 3: Banks Yet to Enter the Market - Despite the growing momentum, a significant minority of large U.S. banks have not yet announced Bitcoin-related products or plans, with nine banks remaining on the sidelines [7][8][11]