Daily Market Wrap | Feb. 04

TokenInsight · 2026-02-04T10:25:43+00:00

Spot Bitcoin ETFs faced significant outflows, while Ether and XRP-linked products saw inflows. The GraniteShares ETF reached a record high as MicroStrategy declined. CIRO introduced a new framework for crypto custody, and Bitwise acquired a staking provider amid Tether's reduced fundraising plans.

TokenInsight

2026-02-04 10:25:43

Abstract generation in progress

Hot Topics\n\nSpot Bitcoin ETFs saw $272M outflows on Feb 3, while Ether ETFs gained $14M and XRP-linked products attracted nearly $20M in inflows.\n\nGraniteShares 2x Short MicroStrategy ETF hits record high amid MSTR's decline tied to Bitcoin weakness.\n\nCIRO introduces interim tiered, risk-based Digital Asset Custody Framework for crypto custodians.\n\nMarket Updates\n\nBitwise Asset Management acquires staking provider Chorus One to expand institutional yield offerings.\n\nTether scales back $20 billion fundraising ambitions to ~$5 billion due to investor resistance.

BTC-3.33%

XRP-3.89%

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