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[Trump: The Fed Chair will be chosen in the coming weeks]
US President Trump said the nominee for Federal Reserve Chair will be decided in the coming weeks.
Franklin Templeton transforms its money market funds into stablecoin reserve instruments.
Franklin Templeton announced that it is making its two institutional money market funds compatible with blockchain finance, aiming to position them for the growing market of tokenized assets and regulated stablecoins. This update applies to the Western Asset Institutional Treasury Obligations Fund (LUIXX) and the Western Asset Institutional Treasury Reserves Fund (DIGXX), both managed by its subsidiary Western Asset Management.
Roger Bayston, head of digital assets at Franklin Templeton, stated that traditional funds are already moving onto the blockchain, so the focus is on making them more accessible to a wider audience. The LUIXX fund has reportedly been amended to comply with the GENIUS Act, which sets reserve standards for regulated stablecoins. This fund currently holds only short-term U.S. Treasury securities with maturities of less than 93 days, which can be used as stablecoin reserve instruments. The DIGXX fund, on the other hand, has launched a digital institutional equity class specifically designed for distribution on blockchain platforms, allowing approved intermediaries to record and transfer ownership of fund shares on-chain.
Bitcoin will account for over 70% of ETF inflows in 2025, while Ethereum will gradually increase its share.
According to The Block, spot Bitcoin and Ethereum ETFs attracted a total of approximately $31 billion in inflows in 2025. Bitcoin ETFs maintained a stable market share of approximately 70%-85% throughout the year, becoming the main allocation target for institutions entering the crypto asset market.
Ethereum ETF holdings fluctuate between 15% and 30%, indicating a gradual increase in institutional acceptance of ETH, but still relatively low. The report points out that institutions are using ETFs to support Bitcoin prices, viewing them more as a macro hedge or a "digital commodity." Meanwhile, ETFs for other long-tail assets besides ETH, such as XRP, SOL, LINK, LTC, and DOGE, currently have extremely low market share, with most products not expected to be approved for launch until the end of 2025.
Crypto data platform CoinGecko is considering a sale at a valuation of approximately $500 million.
According to sources, CoinGecko is considering a sale and has hired investment bank Moelis to handle the process. The cryptocurrency market data company is valued at approximately $500 million. This potential sale comes at a time of rapid acceleration in cryptocurrency M&A activity, with disclosed M&A deals totaling approximately $8.6 billion and a record 133 transactions by 2025.
[ Strategy directors increased their holdings of company stock for the first time since July 2022, purchasing shares worth nearly $780,000.]
According to a filing with the U.S. Securities and Exchange Commission (SEC) on January 12, Carl Rickertsen, a director of Strategy, purchased 5,000 shares of MSTR stock at $155.879 per share, for a total value of approximately $779,400. The filing code indicates that this was an open market purchase.
According to Insider Screener data, this marks Carl Rickertsen's first increase in his stake in the company since July 13, 2022, after years of continuously reducing his holdings in MSTR. This increase comes at a time of market volatility for MicroStrategy—Bitcoin prices have fallen 15% over the past three months, while MSTR's stock price has dropped by more than 40% during the same period.
Recently, MSCI considered removing publicly traded companies with more than 50% of their balance sheets allocated to cryptocurrencies from its indices. While the plan has been temporarily suspended, the relevant criteria remain in place. Meanwhile, Clear Street analyst Brian Dobson lowered his target price for MSTR from $443 to $268, but maintained a "buy" rating, believing the company remains a "differentiated, high-quality instrument for gaining leveraged Bitcoin exposure on a net dilution per unit of share."
[Bloomberg: Crypto-friendly bank Old Glory Bank to list via SPAC]
Crypto-friendly lender Old Glory Bank will become a publicly traded company through a deal with blank check firm Digital Asset Acquisition Corp. Old Glory Bank has deep roots in traditional lending in Oklahoma, but rebranded as a digital bank in 2022 and announced plans to fully integrate cryptocurrency into its lending, deposit, and investment products.
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