Global digital asset investment products recorded US$288 million in outflows in the latest week, marking the fifth consecutive weekly decline, according to CoinShares. CoinShares said cumulative outflows now stand at US$4.0 billion, while trading activity dropped sharply, with weekly volumes sliding to US$17 billion, the lowest since July 2025. By asset, Bitcoin led with US$215 million withdrawn, shortbitcoin products attracted US$5.5 million, and Ethereum, multiasset funds, and Tron saw US$36.5 million, US$32.5 million, and US$18.9 million in outflows respectively, while XRP, Solana, and Chainlink posted minor inflows. Investor behavior diverged by region, as the US accounted for US$347 million in net outflows and markets outside the US contributed US$59 million in inflows, led by Switzerland at US$19.5 million, Canada at US$16.8 million, and Germany at US$16.2 million; on February 23 (ET), US spot Bitcoin ETFs recorded US$204 million in net outflows, VanEck's HODL posted a US$6.35 million single-day net inflow, and spot Ethereum ETFs lost US$49.48 million, with BlackRock's ETHA seeing the largest single-day net outflow at US$45.38 million, according to Sosovalue.

A total of 95,935,471 XRP valued at $127,796,391 was transferred between two unknown wallets. The on-chain transaction involved a substantial movement of XRP tokens, with both the sender and recipient identified only as unknown addresses.

The Coinbase BTC Premium Index has stayed negative for 40 straight days, surpassing the prior 30-day negative period during the "Oct. 11 crash." The extended stretch indicates Bitcoin traded at a sustained discount on Coinbase compared to other exchanges throughout the period.

BlackRock transferred 1,514 BTC ($95.69M) and 24,472 ETH ($44.57M) to Coinbase, totaling $140.26 million in digital assets. The assets were moved to the exchange platform.

Jane Street has been sued by the bankruptcy administrator of Terraform Labs over allegations of insider trading that purportedly hastened the 2022 collapse of TerraUSD and LUNA. The complaint claims the firm engaged in trading activity linked to Terraform Labs that allegedly accelerated the stablecoin and token's downfall in that period.

The U.S. Securities and Exchange Commission's Division of Investment Management has granted an exemption to WisdomTree's Treasury Money Market Digital Fund, allowing investors to trade the fund's blockchain-issued tokenized shares with dealers at a fixed $1 per share throughout the trading day, Odaily Planet Daily reports. The exemption removes the requirement to transact at the fund's daily net asset value. The SEC said the move provides regulatory flexibility for tokenized fund products within the existing framework while enabling faster settlement compared with traditional models.

BlackRock transferred 1,514 BTC (approximately $95.69 million) and 24,472 ETH (approximately $44.57 million) to a Coinbase Prime address, Arkham data show. Additional deposits may follow, Odaily Planet Daily reports.

Winklevoss Capital has reduced its Bitcoin holdings from about 23,000 BTC in February 2025 to less than 11,000 BTC by February 2026, based on onchain wallet data from Arkham, even as Tyler Winklevoss publicly framed extreme market pessimism as a potentially bullish contrarian signal. Over roughly the same period, Gemini's SEC filing projected net revenue of $165 million to $175 million in 2025, up from $141 million in 2024, alongside around 600,000 monthly transacting users and 17 percent year-on-year growth, but also forecast operating expenses of $520 million to $530 million versus $308 million the prior year, highlighting rising cost pressures and prompting a senior leadership reshuffle. Gemini said on February 5 that it would cut about one quarter of its staff and withdraw from the United Kingdom, the European Union, and Australia to concentrate on the US and Singapore, while a Bloomberg report noted its global spot crypto trading share slipped from around 0.6% in June 2025 to about 0.1% in January and its market value fell from nearly $4 billion to below $700 million after listing, as the company pivots toward a CFTC-regulated prediction markets platform plus custody and credit card services. The restructuring is unfolding amid what reports describe as extreme fear in the broader crypto market, with miners such as Bitdeer selling BTC and US spot Bitcoin ETFs seeing weeks of outflows, even as firms like Metaplanet, Strategy with 717,131 BTC, and Arthur Hayes continue to emphasize Bitcoin within their strategies.

Bitcoin BTC traded at $ 63,163.78 after a fourth consecutive daily drop to around $63,100, continuing a downward slide across crypto markets and marking the lowest since Feb. 6\u0027s $60,200, according to CoinDesk data. The decline coincided with risk-off sentiment from investors across global markets, as U.S. equities have lost ground this week and the dollar index (DXY) rose by 0.5% since Asian hours on Monday. BTC is down by 2.1% since midnight UTC and 4.7% over the past 24 hours, and the broader altcoin market also weakened on Tuesday, with BCH $ 478.21 dropping 11.5% over the past 24 hours and 3% since midnight UTC, while losses of more than 2% were seen across tokens including SUI, JUP, PUMP and WLFI. Analysts described the price action as a \u0022slow bleed\u0022 reminiscent of prior cryptocurrency bear markets, while the average crypto relative strength index (RSI) is flashing an \u0022oversold\u0022 signal that suggests potential for a bounce in the low $60,000 region.