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Aman Sai
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JUST IN: Michael Saylor urges the U.S. to embrace Bitcoin, calling it a $100 trillion game-changer for economic dominance. $BTC
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By the Research team to provide a quick round-up of the week. 🚀 1/ U.S. President @realDonaldTrump has signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile consisting of other digital assets. The SBR will be capitalized with 200,000 BTC seized through criminal or civil asset forfeiture, serving as a long-term store of value with no plans for active expansion. In contrast, the Digital Asset Stockpile will include other seized digital assets and will not actively expand beyond what is acquired through forfeiture, focusing on responsible stewardship under the Treasury Department. 2/ Vietnam’s Ministry of Finance is introducing a legal framework for digital assets, including a state-licensed digital currency exchange. This initiative, underpinned by Prime Minister Pham Minh Chinh’s call for clear regulations, aims to ensure investor safety in a sector that saw US$120B in inflows in 2023. According to the Vietnam Blockchain Association, Vietnam is among the top three countries globally for digital asset ownership. 3/ @Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser, aiming to bring the platform on-chain through Project Liberty’s decentralized, blockchain-based technology. If successful, Project Liberty plans to make privacy, security, and digital independence core features of the redesigned TikTok.
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Institutional interest is cooling during the market contraction, with different patterns between Bitcoin and Ethereum ETFs: #Bitcoin ETFs saw large outflows last week but quickly rebounded to over 8% of global spot volume, showing strong "buy the dip" institutional demand. #Ethereum ETFs have minimal activity with near-zero net flows, indicating weak traditional investor interest. This pattern reinforces Bitcoin's dominance in institutional portfolios while explaining Ethereum's continued underperformance. 🚀 $BTC $ETH
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🇺🇸 SEC has accepted applications and Canary #HBAR ETF 19B-4 Grayscale #Polkadot ETF for review. $HBAR $DOT
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RECENTLY: Santiment reported a decline in Bitcoin whales holding 100+ $BTC over the past month, despite overall growth in network wallets.
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