BlackRock saw substantial withdrawals from its spot crypto exchange-traded funds over the past week as the market-wide sell-off persisted. Data shows the asset manager’s Bitcoin (BTC) and Ethereum (ETH) spot ETFs posted roughly $443 million in combined net outflows. Most of the redemptions were concentrated in BlackRock’s Bitcoin ETF, IBIT, which saw about $158 million leave over five trading sessions. The week opened with a $160.8 million inflow on March 23, pointing to early institutional buying interest, but flows quickly turned negative. IBIT posted a $70.7 million outflow on March 25, followed by another $41.9 million on March 26. Pressure intensified late in the week, culminating in a $201.5 million single-day outflow on March 27, wiping out earlier gains and pushing weekly flows into the red. BlackRock’s ETHA suffers deeper, steadier withdrawals Outflows were larger and more consistent in ETHA, BlackRock’s Ethereum ETF, which recorded about $285.1 million in net withdrawals for the week. Unlike Bitcoin, ETHA experienced selling every day. The biggest one-day outflow came on March 26, when $140.2 million exited, followed by another $70.8 million on March 27. Earlier losses included $25 million on March 24, $33.4 million on March 25, and $15.7 million on March 23, underscoring a sustained and accelerating pullback. The contrast between the two products stood out despite broader market weakness. Bitcoin ETFs still attracted occasional inflows, suggesting residual institutional demand or dip-buying. Ethereum ETFs, by comparison, showed uninterrupted redemptions, pointing to softer conviction and a sharper demand retrenchment. Across the wider spot crypto ETF landscape, daily totals for both Bitcoin and Ethereum products were largely negative. Sporadic inflow days failed to alter the overall direction. The week’s flow pattern reflects a market leaning toward risk reduction amid elevated uncertainty. Bitcoin has held support near $65,000, while Ethereum has struggled to stay above $2,000. Featured image via Shutterstock

Sam Altman's World Foundation said its subsidiary, World Assets, sold about 239 million WLD tokens over the past week through over-the-counter transactions with four counterparties. The tokens were sold at an average price of $0.2719 each, raising roughly $65 million. The foundation added that $25 million of the sold tokens are subject to a six-month lockup to limit immediate resale by buyers. The proceeds will be used to fund core operations, research and development, Orb manufacturing, and ecosystem expansion. WLD is trading around $0.27, near its all-time low, and is down more than 97% from its March 2024 high of $11.74.

PANews, March 29 — Official figures show that in the seven days through March 26, Circle issued about $3.8 billion of USDC and redeemed roughly $4.9 billion, bringing net circulating supply down by around $1.1 billion. Total USDC in circulation stands at $78 billion, backed by approximately $78.2 billion in reserves. The reserve portfolio includes about $44.1 billion in overnight reverse repos backed by U.S. Treasuries, around $22.4 billion in U.S. Treasuries maturing in under three months, roughly $11.1 billion in deposits at systemically important institutions, and about $600 million in other bank deposits.

A large wallet associated with F2Pool co-founder Chun Wang withdrew 9,000 ETH, valued at about $17.86 million, from @binance and transferred the funds directly to @aave.

On March 26, 2026, the Government of Canada tabled the proposed Strong and Free Elections Act, a set of amendments to the Canada Elections Act aimed at tightening political financing rules for federal parties, third parties, candidates and donors. The Canada Elections Act is administered by the Chief Electoral Officer and enforced by the Commissioner of Canada Elections. The bill would prohibit parties and third parties from accepting donations in forms deemed difficult to trace, explicitly including cryptocurrency, money orders and prepaid cards. It would also require funding for third-party political activity to come from Canadian citizens or permanent residents, with a limited exception for minimal donations. Beyond donation rules, the draft legislation would strengthen privacy and vendor safeguards around party-held personal data, tighten restrictions on foreign funding channels, and increase administrative monetary penalties to deter illicit financing. The proposal sets maximum fines of up to $25,000 for individuals and $100,000 for organizations. The bill would also extend enforcement reach outside Canada and give the Commissioner of Canada Elections expanded investigative powers to pursue cross-border funding and the misuse of digital tools that could affect electoral integrity.

Goldman Sachs says Bitcoin and the broader crypto market may be nearing a turning point after months of declines, with prices now stabilizing following a drawdown that mirrors past cycle patterns. In a note, analyst James Yaro said crypto valuations have steadied after a sharp selloff from October 2025 highs, shaped by softer trading activity, shifting investor positioning, and macro headwinds. Goldman estimates crypto-related stocks are down about 46% from October 2025 peaks. Despite continued volatility, price action has flattened, a setup the bank says often appears as markets enter historically typical drawdown zones. The firm argues this has made parts of the sector more compelling on valuation. Goldman flagged Robinhood, Figure Technologies, and Coinbase as names to watch. Figure's price target was raised to $42 from $39, implying 35% upside. Robinhood continues to add tools for active traders and expand its financial product lineup. Coinbase is leaning into derivatives, subscriptions, and equities trading as it broadens revenue sources during slower market phases. Trading activity remains the key near-term risk. Goldman warned volumes could slip further, potentially cutting 2026 revenue by 2% and profits by 4%. Historically, the bank said, low-volume stretches tend to persist for roughly three months before improving. Bitcoin recently fell from about $75,000 to $67,000 and then stabilized, trading in a $60,000 to $75,000 band. K33 Research pointed to easing ETF selling and firmer long-term holding behavior as supportive signals. Supply held for more than six months has increased, suggesting reduced selling pressure. Flows into ETFs have also turned mildly positive since late February, a change from the heavy distribution seen after October. Open interest remains subdued and funding rates are still negative. Bernstein said Bitcoin may have already marked its cycle bottom, reiterating a $150,000 year-end target on expectations for sustained ETF demand and continued corporate treasury adoption. The firm highlighted Strategy's Bitcoin position, valued at $53.5 billion, as evidence of ongoing institutional participation. Analysts added that fewer investors appear to be exiting positions below $100,000, helping prices hold steadier.

Kraken's tokenized equities platform xStocks and Fundrise have introduced VCXx, a new token designed to deliver onchain exposure to late-stage private technology companies. The firms said on March 27, 2026 that they are tokenizing the newly launched Fundrise Innovation Fund (NYSE: VCX) into a single onchain asset, VCXx. The token is intended to give eligible investors global access to a portfolio that includes SpaceX, OpenAI, Anthropic and Databricks. VCXx is expected to list on the xStocks platform in the coming days. The token is issued by Backed Assets (JE) Limited and offered via Payward Digital Solutions Ltd. The launch pushes tokenized equities beyond public-market instruments and into products with private-company exposure. xStocks said VCXx can also be used in onchain applications such as collateralization, lending and automated strategies. The platform reports more than $25 billion in transaction volume, 100,000+ unique holders, and support for 100+ tokenized stocks and ETFs. VCX is not available in the U.S., and geo-restrictions apply. Eligibility and jurisdictional limitations follow issuer disclosures and the xStocks risk documentation. "We built VCX to act as a bridge between the public and private markets," said Fundrise CEO Ben Miller. Arjun Sethi, co-CEO of Payward, said tokenization expands global access to a portfolio with private exposure. FAQs • What is VCXx and where will it trade? VCXx is the tokenized version of the VCX fund and will list on the xStocks platform. • Who can access VCXx? VCXx is offered to eligible investors outside the United States, subject to local jurisdiction rules. • Which private companies are represented in the VCX portfolio? The fund includes exposure to firms such as SpaceX, OpenAI, Anthropic and Databricks. • Where can investors find legal and risk documents for VCXx? Investors can review the Base Prospectus, Final Terms and xStocks Risk Disclosure linked by the issuer and Payward Digital Solutions Ltd. for jurisdictional details.

Liquidations are skewed sharply to the short side, with $12B in shorts versus $3B in longs. The market is setting up a clear bears-versus-bulls test—who wins?

Polygon co-founder Sandeep Nailwal has assumed the CEO position at the Polygon Foundation, signaling a sharper strategic reset for the network and its token, POL. In a post on his X account, Nailwal said he is moving beyond what he described as a previously passive, misaligned involvement. The Polygon Foundation oversees Polygon Labs and other parts of the ecosystem, and Nailwal is also the largest holder of POL. Under the updated roadmap, Polygon plans to wind down its zkEVM initiative by 2026 and concentrate resources on Polygon PoS and the Agglayer network. The refocus is aimed at faster transaction throughput and use cases such as stablecoin payments and real-world assets. Nailwal also outlined performance milestones tied to the Gigagas testnet, which is already live. The target is 1,000 transactions per second (TPS) by July, 5,000 TPS by September, and 100,000 TPS longer term. He said Agglayer v0.3 is slated for release on June 30, with "fast interoperability" expected in Q3. Airdrops are also being prepared for POL stakers. The leadership change follows multiple co-founder departures. Jaynti Kanani and Anurag Arjun left in 2023 to pursue other projects. Mihailo Bjelic stepped down from the foundation board in May 2025, citing differences in vision. Nailwal suggested that prior board dynamics slowed decision-making, and said he intends to adopt a more startup-style operating approach. He added that Polygon remains well-capitalized and does not need outside funding, which he argues gives the project room to move faster and create additional value for token holders. Market attention has returned to POL as the shift unfolds. At the time of writing, POL traded at $0.2222, down 0.47%. Sentiment has improved after the U.S. SEC dropped its case against MATIC, a development cited as helping restore market-maker confidence and liquidity. Traders are now focused on whether execution matches the new roadmap, with the June 30 Agglayer v0.3 release viewed as a near-term catalyst for POL's next move.