Big money is betting against crypto equities like Bitcoin treasury firm Strategy (MSTR) and American crypto exchange Coinbase (COIN), new data compiled by Goldman Sachs Research shows.  The firms find themselves ranked first and fourth in short interest as a percentage of market cap at 14% and 10%, respectively, among companies valued at $25 billion or greater.  “Crypto is like cilantro: Some people love it and some people hate it,” Bitwise CIO Matt Hougan told Decrypt. “It's not surprising to see it at th ...

Core Insights - Virtune has launched Poland's first-ever spot crypto exchange-traded products (ETPs) on the Warsaw Stock Exchange, marking a significant milestone for Polish investors [1][8] - The introduction of these ETPs expands Poland's capital markets and provides a regulated framework for investing in crypto assets [2][7] Industry Development - The listing of crypto ETPs represents a structural development in Poland's capital markets, enhancing the existing ETP ecosystem [2] - The number of brokerage accounts in Poland has reached approximately 2.5 million by the end of 2025, with ETF trading turnover on the Warsaw Stock Exchange increasing by over 100% year-on-year [6] Product Details - Four ETPs have been listed on the Warsaw Stock Exchange, including Virtune Bitcoin Prime ETP, Virtune Staked Ethereum ETP, Virtune XRP ETP, and Virtune Staked Solana ETP [4][10] - These products are available through established Polish and international brokerage platforms, allowing easy access for investors [3] Market Context - There is a growing interest in crypto assets among retail investors in Europe, but access to regulated products in Poland has been limited until now [7] - The introduction of physically backed crypto ETPs provides a transparent and secure investment option within Poland's established regulatory framework [12] Strategic Importance - Virtune's entry into Poland has been a strategic priority for over two years, reflecting a commitment to the long-term development of the Polish capital market [8][15] - The company aims to support broader participation and education in the market, contributing to sustainable growth [16] Custody and Security - All Virtune ETPs are 100% physically backed by the underlying crypto assets, with assets held in segregated custody with Coinbase [18] - The use of Chainlink Proof of Reserves technology ensures transparent verification of the underlying crypto asset holdings [18] Market Maker Role - Raiffeisen Bank International AG has been appointed as the market maker for Virtune's crypto ETP listings, providing continuous liquidity by quoting buy and sell prices [13]

Group 1 - Virtune, a regulated Swedish crypto asset manager, has announced the listing of Virtune BNB ETP on Deutsche Börse Xetra, marking its tenth listed product [1][5] - The Virtune BNB ETP is a physically backed exchange-traded product that provides investors with a secure and cost-effective way to gain exposure to BNB, featuring a transparent structure and institutional-grade security [2][9] - BNB is the native crypto asset of the BNB Chain ecosystem, utilized for transaction fees and participation in decentralized applications, making it integral to the broader blockchain network [4] Group 2 - Virtune's product portfolio includes 22 ETPs with a total of USD 260 million in assets under management, serving over 160,000 investors [6] - The company emphasizes regulatory compliance and strategic collaborations to empower global investors with innovative investment products aligned with the evolving crypto market [7] - The Virtune BNB ETP offers 1:1 exposure to BNB, is 100% physically backed by BNB held in cold-storage with Coinbase, and has an annual management fee of 1.95% [9]

Core Insights - BitMine Immersion stock is experiencing downward pressure, with shares currently trading lower than their moving averages, indicating a bearish trend in the short to medium term [5][6]. Group 1: Company Financials - BitMine holds 4.326 million ETH, approximately 3.6% of the total supply, along with small Bitcoin and venture stakes, and $595 million in cash, totaling around $10 billion in crypto and cash [2]. - A 10% movement in ETH can shift BitMine's position value by over $900 million, directly impacting its net asset value and investor interest [3]. - The company has staked about 2.9 million ETH and anticipates annualized rewards exceeding $370 million, with the dollar value of these rewards dependent on Ethereum's market price [4]. Group 2: Stock Performance - BitMine shares are currently trading 24.9% below their 20-day simple moving average (SMA) and 47.6% below their 100-day SMA, indicating a bearish trend [5]. - Over the past 12 months, shares have increased by 201.88%, but are closer to their 52-week lows than highs [5]. - The current price action shows BitMine shares were marginally higher by 1.81% at $20.85, with key resistance at $30.00 and support at $15.00 [7].

Market Performance - Bitcoin (BTC) has retreated by nearly 2.5% in the past 24 hours after failing to maintain gains that pushed it back up to $71,000, and it is down more than 11% in the past seven days [1] - The wider market, represented by the CoinDesk 20 (CD20) index, dropped 13.5% over 24 hours and 13.7% in a week, indicating a significant downturn [2] Institutional Activity - Institutions have shown increased activity, with Bitwise CEO noting significant inflows as prices dropped, suggesting that new institutional investors see an opportunity to enter the market [2] - Retail sentiment remains fragile, but U.S. investors are beginning to buy back in, as indicated by the positive turn of the Coinbase Premium Index for the first time since mid-January [3] Investor Sentiment - Online search interest for terms like "crypto capitulation" spiked during the selloff, indicating heightened concern among investors and presenting a potential opportunity for value investors [4] Safe Haven Assets - Capital has flowed into traditional safe havens like gold and silver, with gold prices topping $5,000 as investors react to a weaker U.S. dollar and major purchasers, including Tether and China's central bank, accumulating assets [5] Economic Context - Stock market futures are down ahead of the open, influenced by a recent rally in Japan's equities following a ruling party's election win, which may affect risk assets including cryptocurrencies [6]

Core Insights - Jiuzi Holdings, Inc. has entered into strategic arrangements with Crypto-focused investment institutions, securing approximately US$40 million in Crypto assets to support its global business strategy and Crypto-related initiatives [1][2]. Group 1: Strategic Partnerships - The strategic partners are leading institutions in blockchain infrastructure, Crypto asset management, and decentralized ecosystems, providing capital, technical collaboration, and market expansion resources [2]. - This partnership is expected to enhance Jiuzi Holdings' operations worldwide and is seen as a pivotal milestone in advancing its Digital Asset Treasury (DAT) strategy [3][5]. Group 2: Digital Asset Treasury Strategy - The DAT strategy aims to build a robust, risk-aware, and scalable treasury system through strategic allocation of digital assets, dynamic risk control, and improved liquidity management [3]. - The collaboration will establish a replicable governance framework for treasury structure design, risk pricing, and compliant operation, laying the groundwork for future collaborations [4]. Group 3: Expected Strategic Value - The strategic cooperation is anticipated to enhance treasury resilience by integrating professional Crypto asset allocation and structured risk controls [7]. - It will expand digital asset application scenarios by leveraging partners' ecosystem resources for multi-chain data access and cross-chain asset operations [7]. - The partnership is expected to improve asset liquidity and deployment efficiency through partners' global trading networks and liquidity management capabilities [7].

Market Overview - The crypto market cap increased by 2.5% to $2.72 trillion, with 95 of the top 100 coins experiencing price increases [5][4] - Bitcoin (BTC) rose by 2.8% to $78,533, while Ethereum (ETH) gained 4.3% to $2,318 [4][5] - The total crypto trading volume reached $160 billion [5] Legislative Developments - US crypto market structure legislation failed to pass the Senate due to disagreements on stablecoin yield offerings [1] - The White House is seeking a compromise on stablecoin yields by the end of the month [5][4] Price Movements - Among the top 10 coins, all saw price increases, with notable gains from Lido Staked Ether (STETH) at 4.5% and Ethereum (ETH) at 4.3% [2][3] - Monero (XMR) and Zcash (ZEC) were the only coins to drop, down 5.6% and 4.7% respectively [1] Market Sentiment - The crypto fear and greed index decreased to 17, indicating extreme fear among market participants [15] - Traders are preparing for potential downside, with significant put buying observed around the $78,000-$74,000 strikes [10][7] ETF Flows - US Bitcoin spot ETFs saw inflows of $561.89 million, while Ethereum ETFs experienced outflows of $2.86 million [16][17] - Fidelity led Bitcoin ETF inflows with $153.35 million, while BlackRock faced negative flows of $82.11 million in its Ethereum ETF [16][17] Technical Analysis - Bitcoin's support is forming around $70,000, with critical resistance at $80,000 [9][13] - Ethereum is nearing a potential drop below $2,000, but could recover if it holds the $2,350 zone [14]

Group 1 - The recent Bitcoin price crash has resulted in significant unrealized losses for Strategy, the largest corporate Bitcoin treasury holder, amounting to over $1 billion as BTC fell below $75,000 [1][2] - Strategy's average Bitcoin purchase price is $76,037, and the price briefly dropped to $74,500, leading to concerns among investors about potential volatility and liquidation risks [2] - Despite the losses, Bitcoin is currently trading around $76,711, which has placed the company's holdings back in positive territory [2] Group 2 - Other market participants view the Bitcoin price correction as a buying opportunity, with Binance allocating $1 billion of its users' funds to Bitcoin [3] - Spot Bitcoin ETFs have experienced heavy outflows, with the second- and third-largest weekly outflows recorded in late January, totaling $2.8 billion over two weeks [4][5] - The assets under management for U.S. spot Bitcoin ETFs have decreased by 31.5% from their October peak of $165 billion, coinciding with a 40% decline in the spot BTC price [5]

Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of physically backed crypto exchange-traded products (ETPs) [2] - The company has earned the trust of over 152,000 investors and manages approximately USD 340 million in assets under management (AUM) [2][5] - Virtune's product portfolio includes 22 ETPs, reinforcing its position as one of Europe's leading issuers of regulated crypto ETPs [5] Recent Developments - Virtune announced the listing of the Virtune Sui ETP on Deutsche Börse Xetra, marking it as the first Sui ETP available on Xetra [1][3] - The Sui ETP is also accessible to Swedish investors through brokers and banks such as Avanza and Montrose [3] - This listing represents Virtune's ninth product launch in Germany, highlighting its commitment to expanding regulated digital asset investment opportunities for European investors [4] Product Details - The Virtune Sui ETP is 100% physically backed by the underlying asset Sui, which is held in cold storage with Coinbase [8] - The annual management fee for the Sui ETP is set at 0.95% [8] - The first day of trading for the Sui ETP was January 28, 2026, with the trading currency being EUR [8]

Core Insights - The current market environment is characterized by a weaker dollar and a stronger yen, leading investors to rotate into precious metals and select altcoins [1] - The CMC Crypto Fear and Greed Index indicates a shift into light Fear territory, while the Altcoin Season Index shows early signs of a cycle shift [1] - The BNB ecosystem appears well-positioned to attract capital seeking yield [1] BNB Chain Market Overview - The BNB Chain ecosystem has shown improvement, with over half of the top 100 BEP-20 tokens experiencing price increases [2] - The overall market capitalization of the BNB Chain increased by 2.7% week-over-week (WoW) [2] - Large-cap tokens contributed significantly to market cap growth, while small-cap tokens exhibited the highest relative growth [2] BNB Price Performance - BNB has regained the $900 price point after dropping to $856, reflecting a 2.5% increase WoW, 6.3% month-over-month, and 34.7% year-over-year [3] Notable Performers - Several BEP-20 assets demonstrated relative strength, with standout performers achieving double-digit gains, including Enso (ENSO), which surged 129.2% WoW on high trading volume [4] On-Chain Activity - BNB Chain experienced modest increases in daily transactions (+3%) and total value locked (+1.1% WoW), contrasting with declines in these metrics for most other Layer 1 chains [5] - This trend suggests that market participants may be shifting their focus to BNB Chain as sentiment improves [5] Recent Developments - Significant developments in the BNB ecosystem include the launch of a physically-backed BNB exchange-traded product (ETP) by Swedish asset manager Virtune on Nasdaq Stockholm, providing European investors with direct exposure to BNB [6][8]