After the U.S. Supreme Court struck down a core element of Donald Trump's tariff program, about $8.2 billion in imported goods have been left in legal uncertainty as customs systems have yet to adjust. Importers are facing delays, potential overpayment of duties, and confusion over refunds, while the White House has moved to impose a new 15% global tariff under Section 122 of the Trade Act of 1974.

After several weeks of selling pressure, XRP, Bitcoin and Shiba Inu are showing early signs of stabilization, with XRP forming a possible double bottom near a key support area. Bitcoin is trading inside a tightening triangle around the mid-$60,000 range, while SHIB is squeezed between a rising trendline and its 26-day EMA. The next decisive moves from these compressed structures could steer the broader crypto market's direction in the coming trading sessions.

In the final week of February, Bitcoin ETFs recorded $315.9 million in outflows, with $303.5 million leaving BlackRock's IBIT, while Grayscale's BTC Mini ETF drew $36 million in fresh capital. Over the same period, Ethereum ETFs swung from a $48.6 million inflow to a $130.1 million outflow, but Solana products attracted consistent inflows, peaking at $6 million on 19 February. A new Active Crypto ETF plan from T. Rowe Price, announced on 17 February, highlighted growing institutional interest in a broader basket of digital assets.

Staff at the SEC’s Division of Trading and Markets clarified last week that broker-dealers may apply a 2% haircut to stablecoin balances when calculating net capital. Commissioner Hester Peirce welcomed the change, and industry voices said it lets firms hold and use stablecoins without skewing capital ratios.

U.S. tariff powers under the International Emergency Economic Powers Act have been curtailed following a Supreme Court decision, while bilateral trade agreements continue in force, according to Bloomberg Law. Other trade statutes such as Sections 232, 301, 201, and 122 remain available, and partners in the EU and across the UK, South Korea, and India are reviewing implications.

By end‑2025, stablecoin capitalization exceeded $308 billion and remained close to that level in February 2026, indicating structural durability. A Fidelity Digital Assets analysis cited in a Feb. 21 post highlights $75B+ in daily USDT spot trading and $42B in average daily on‑chain transfers, while industry surveys suggest roughly 90% of institutions are adopting or piloting integrations.

This week's market roundup highlights Base's plan to detach key components from the OP Stack while doubling its annual upgrade schedule, alongside ether.fi moving its Cash card product to OP Mainnet. Moonwell suffered a $1.78 million exploit tied to AI-generated Solidity code, and Jupiter DAO is voting on whether to cancel its planned 2026 JUP airdrop. Additional developments include protocol fee changes, strong revenue figures, and wind-downs at several DeFi projects.

Investor capital is rotating toward publicly listed crypto firms, per DWF Labs, which cites Memento Research showing over 80% of 2025 token launches trade below their TGE price with 50–70% drawdowns within about 90 days. Meanwhile, crypto IPO fundraising reached about $14.6 billion in 2025 and M&A topped $42.5 billion.