Coinbase has agreed to acquire Vector.fun, a Solana-based trading platform developed by Tensor Labs, for an undisclosed sum. The deal, expected to close by year-end, represents Coinbase's ninth acquisition in 2025. Vector's technology will be integrated into Coinbase's decentralized exchange infrastructure to expand access to Solana ecosystem assets.

Retail investors withdrew approximately $4 billion from spot bitcoin and ether exchange-traded funds throughout November, data show. The outflows, which already exceed the previous record set in February, represent the primary driver behind the recent cryptocurrency market correction, according to JPMorgan analysts. During the same period, equity ETFs attracted roughly $96 billion in retail inflows.

Strategy could face approximately $2.8 billion in outflows if removed from MSCI indices, with total exposure reaching $11.6 billion should other index providers follow, JPMorgan analysts said. The bitcoin-focused company holds roughly $9 billion of its $50 billion market capitalization in passive funds tracking major indices including the Nasdaq-100, MSCI USA, and MSCI World. MSCI is consulting on a proposal to exclude companies primarily engaged in digital asset treasury management, with a decision due January 15, 2026.

Geoffrey Kendrick, head of digital assets research at Standard Chartered, says bitcoin's recent pullback has ended, drawing parallels to similar-sized corrections over the past two years. Key metrics including MicroStrategy's mNAV falling to 1.0 signal downside exhaustion. A year-end rally is now his baseline scenario.

Cboe Global Markets will launch bitcoin and ether continuous futures contracts on December 15, pending regulatory approval. The products will offer perpetual-style exposure on a U.S.-regulated platform with 10-year expiries and daily cash adjustments to maintain alignment with underlying asset prices.

Bitcoin could decline to approximately $72,000 within one to two months if it fails to hold support above $100,000, according to CryptoQuant. The firm cites weakening demand following the October 10 mass liquidation event and bearish market conditions as primary risk factors. Julio Moreno, CryptoQuant's head of research, noted that failure to sustain the $100,000 level increases the likelihood of a move toward $72,000 in that timeframe.

Digital asset treasury companies are adopting buyback strategies to address widening net asset value discounts. ETHZilla sold $40 million in Ethereum to fund share repurchases, prompting industry debate. Venture capital investors view the approach as rational when discounts deepen substantially, though they caution against widespread asset liquidation trends.

Standard Chartered Bank projects the tokenized real-world asset market will grow from approximately $35 billion to $2 trillion by end-2028, a 5,600% increase. Geoffrey Kendrick, head of digital assets research at the bank, expects Ethereum to capture the majority of this activity due to its decade-long mainnet reliability without outages. The forecast excludes stablecoins and mirrors the bank's stablecoin market cap projection in scale and timeframe.