U.S. spot bitcoin exchange-traded funds posted $75.47 million in net inflows on Wednesday, halting a five-day withdrawal period that drained $2.26 billion from the products. BlackRock's IBIT led the recovery with $60.61 million in inflows, rebounding from Tuesday's record $523 million outflow. Bitcoin rose 0.72% to $92,200 as institutional sentiment showed early signs of stabilization.

Bitwise Asset Management will launch its spot XRP exchange-traded fund on the New York Stock Exchange on Thursday under ticker XRP. The fund carries a 0.34% management fee, waived for the first month on the initial $500 million in assets. XRP holds a market capitalization of $127.3 billion as the third-largest non-stablecoin cryptocurrency.

Senate Banking Committee Chair Tim Scott said Tuesday he plans to advance crypto market structure legislation through committee votes by December. The Republican senator aims to bring the bill to the Senate floor in early 2026, requiring bipartisan support for passage. The legislation addresses regulatory jurisdiction between the SEC and CFTC over digital assets.

U.S.-listed spot bitcoin and Ethereum exchange-traded funds recorded a combined net outflow of $437 million on Monday, data show. Bitcoin ETFs saw $254.5 million in outflows, while Ethereum ETFs posted $182.8 million in withdrawals. The outflows mark the fourth and fifth consecutive trading days of net withdrawals for bitcoin and Ethereum ETFs respectively.

Mt. Gox moved 10,608 BTC valued at approximately $956 million to two addresses late Monday night, with the majority sent to an unmarked wallet. The defunct exchange transferred around 10,422 BTC to address "1ANkD…ojwyt" and roughly 185.5 BTC to its own hot wallet, data show.

Bitcoin fell below $90,000 on Monday night, reaching approximately $89,650—a seven-month low. Spot bitcoin ETFs recorded over $3 billion in net outflows over three weeks, according to SoSoValue data. Analysts cite institutional profit-taking and risk-off positioning as primary drivers, with short-term traders also reducing exposure amid year-end portfolio adjustments.

Bitcoin dropped to approximately $93,000 on Sunday, its lowest level since early May, before recovering to around $95,285. The decline coincided with $619 million in crypto liquidations over 24 hours and tightening liquidity conditions tied to elevated U.S. treasury account levels. Analysts expect liquidity to return as government operations resume and delayed payments are processed, potentially driving a market recovery.

Polymarket has resumed operations in the United States through a beta trading platform, founder Shayne Coplan disclosed. The move follows the platform's 2022 settlement with the CFTC and its July 2025 acquisition of licensed derivatives exchange QCX.

Bitcoin dropped 3% to $103,222 on Wednesday as investors took profits and uncertainty mounted over the Federal Reserve's December rate decision. The cryptocurrency briefly traded below $103,000 at around $102,600 earlier in the session. Traders are monitoring conflicting signals from Fed officials regarding a potential year-end rate cut, with the CME FedWatch Tool showing a 66.9% probability of a reduction at the December 9-10 meeting.