News/Daily Market Wrap | Feb. 04

Daily Market Wrap | Feb. 04

Feb 04,2026,18:19

Hot Topics

  • Spot Bitcoin ETFs saw $272M outflows on Feb 3, while Ether ETFs gained $14M and XRP-linked products attracted nearly $20M in inflows.
  • GraniteShares 2x Short MicroStrategy ETF hits record high amid MSTR's decline tied to Bitcoin weakness.
  • CIRO introduces interim tiered, risk-based Digital Asset Custody Framework for crypto custodians.

Market Updates

  • Bitwise Asset Management acquires staking provider Chorus One to expand institutional yield offerings.
  • Tether scales back $20 billion fundraising ambitions to ~$5 billion due to investor resistance.
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