What Happened Last Night... January 1st Cryptocurrency Morning News

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Source: Blockstreet reporter Ha-yeon Jeong
Source: Blockstreet reporter Ha-yeon Jeong
1. US cryptocurrency ETFs see $32 billion in annual inflows.
Despite the year-end correction, U.S. investors invested $31.77 billion (KRW 46 trillion) in U.S. cryptocurrency ETFs through 2025 as of the 1st, with Bitcoin spot ETFs accounting for the majority of the inflows.
BlackRock's IBIT and ETHA have strengthened their market dominance by significantly outpacing their competitors in terms of fund inflows, and industry insiders predict that a surge in ETFs in 2026 will inevitably lead to the liquidation of under-demand products.

2. Tether purchases an additional 8,888 Bitcoins.
Tether, the issuer of the US dollar stablecoin, purchased an additional 8,888 Bitcoins on the 1st, increasing its total holdings to over 96,000 Bitcoins, and the purchase amount reached approximately $780 million (KRW 1.12866 trillion).
This purchase makes Tether the fifth-largest Bitcoin wallet operator, behind Binance, Robinhood, and Bitfinex, and continues its strategy of allocating up to 15% of its quarterly profits to Bitcoin.

3. India formalizes CBDC priority
The Reserve Bank of India (RBI) announced in its Financial Stability Report on the 1st that it should prioritize the introduction of central bank digital currencies (CBDCs) over private stablecoins for reasons of financial stability and maintaining monetary sovereignty.
While the RBI pointed out that stablecoins could amplify risks during market volatility, it also assessed that the global market capitalization of stablecoins is expected to expand to approximately $370 billion (KRW 535.39 trillion) by the end of 2025, deepening policy conflicts between central banks and private digital currencies.

Reporter Jeong Ha-yeon yomwork8824@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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