tp

According to Cointelegraph, cryptocurrency ETP provider 21Shares launched the Strategy Yield ETP (code: STRC NA) on Thursday at Euronext Amsterdam, providing European investors with a convenient channel to invest in preferred shares of Strategy, a company owned by Michael Saylor.The product is backed by 717,000 bitcoins (worth approximately $4.7 billion) held by Strategy, offering an annual variable dividend yield of 11.25%.

Digital asset management company CoinShares International Limited has announced the launch of the physically-backed HYPE exchange-traded product CoinShares Physical Hyperliquid Staking ETP, aimed at providing investors with an opportunity to invest in the native HYPE token. It is reported that the management fee for this ETP is 0%, with the stock code LIQD, and it will be listed first on the Xetra exchange.

According to market news, Hong Kong stablecoin payment fintech company RedotPay is considering an IPO in the U.S., expected to reach $1 billion.According to the crypto data platform RootData, RedotPay previously completed a $107 million Series B financing, led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, and Circle Ventures, among others. Existing investors include HSG (formerly Sequoia Capital China). RedotPay provides global payment services using stablecoins and has stated that it currently has over 6 million registered users across more than 100 markets worldwide.

The voting on Jupiter's proposal to "reduce the net release of future tokens to zero" officially ended today at 19:00, with the community passing the proposal with a 75% support rate.Previously, Jupiter initiated a new proposal to reduce the net release of JUP to zero in the foreseeable future. The proposal mainly targets the three major sources of JUP releases at present ------ Jupuary airdrop, team share unlock, and Mercurial quota unlock. The specifics are as follows:First, the Jupuary airdrop will be indefinitely postponed, and all 700 million JUP will be returned to the community multi-signature cold wallet for future use. The usage amount and staking snapshot at the current time will be retained. When the market environment, token status, and market sentiment are more suitable, this matter will be re-discussed with the DAO.Second, the release of tokens to team members will be indefinitely suspended. As an alternative, team members will receive JUP in the form of Jupiter's balance sheet debt. If any member wishes to sell their allocated tokens, they will be directly purchased by Jupiter's balance sheet. This move will further strengthen JUP reserves while demonstrating the team's commitment to the future of the JUP token.Third, the selling pressure from Mercurial stakeholders will be fully hedged, which will accelerate the unlocking process, and an equivalent amount of tokens will be purchased through Jupiter's own balance sheet to absorb any impact from potential token sales.

According to official news, Bitcoin mining company Bitdeer (BTDR) has released the latest data on its BTC holdings. As of February 20, its total Bitcoin holdings (pure self-owned holdings, excluding customer deposits) have dropped to 0.In addition, its Bitcoin mining output this week was 189.8 BTC, and it sold 189.8 BTC during the same period, resulting in a weekly net outflow of 943.1 BTC.

Bitcoin mining company Ionic Digital has released an unaudited mining and operational update report, disclosing a mining output of 34.68 BTC in January, a decrease of 7.1% compared to the previous month. Additionally, the company has not sold any Bitcoin, with the total Bitcoin holdings increasing to 2,754.8 BTC as of now.

According to CoinDesk, cryptocurrency exchange Kraken's parent company Payward has announced the acquisition of the token management platform Magna, further enhancing its product matrix and paving the way for potential listing plans. The transaction amount was not disclosed.After the acquisition is completed, Magna will continue to operate independently, but its token lifecycle management tools will be integrated into Kraken's product system for institutional clients. Magna primarily provides token allocation, claiming, and distribution management services for crypto project teams, currently serving over 160 clients, with the platform's peak locked value reaching $60 billion by 2025. This acquisition continues Kraken's merger and acquisition strategy in recent years. Last year, the company acquired the U.S. futures platform NinjaTrader, the derivatives trading platform Small Exchange, as well as the proprietary trading firm Breakout and the tokenized stock issuer Backed Finance. In November 2025, Kraken also completed a $800 million financing round, bringing the company's valuation to $20 billion.

According to The Block, despite BitGo's stock price dropping on Tuesday, Mizuho Bank has given a positive outlook on the institutional-grade crypto custody platform in its first research report.Mizuho Bank analysts Dan Dolev and Alexander Jenkins described BitGo as a "military-grade custodian," believing that its long-term security record and focus on institutional clients constitute a core advantage in the increasingly competitive custody market.The report noted that over 80% of BitGo's revenue comes from recurring businesses such as custody and staking, rather than volatile trading activities, which sets it apart among crypto infrastructure companies. The analysts assigned BitGo a "buy" rating with a target price of $17, implying nearly 70% upside from the current trading price of about $10.15.Mizuho Bank expects that as stablecoins and tokenized real-world assets drive institutional adoption, the company's revenue growth will accelerate. Nevertheless, BitGo's stock price has fallen about 44% since its NYSE debut at an issuance price of $18 in January, reflecting the overall cautious sentiment in the market towards crypto-related stocks.

According to The Block, CoinShares' latest report shows that global crypto asset ETPs have experienced net outflows for the fourth consecutive week, with approximately $173 million flowing out last week. Over the past four weeks, total outflows have reached $3.74 billion, indicating that the trend of capital withdrawal from the market continues.The report notes that although the weekly outflow has slowed from a peak of about $1.7 billion at the beginning of the month, the overall selling pressure has not reversed. James Butterfill stated that the current data reflects that crypto fund capital has been undergoing a withdrawal cycle for a continuous month. In terms of trading activity, ETP trading volume has significantly cooled, dropping from a record $63 billion the previous week to $27 billion, indicating that speculative trading enthusiasm has declined in tandem with capital outflows.In terms of capital flow, approximately $575 million was recorded as inflow at the beginning of last week, but this was followed by about $853 million in outflows, primarily influenced by weakening prices. On Friday, boosted by weaker-than-expected CPI data, there was a brief inflow of about $105 million. There is a clear regional divergence. The U.S. market recorded approximately $403 million in outflows last week, while other regions collectively saw about $230 million in inflows, with Germany leading at approximately $115 million, followed by Canada at about $46.3 million and Switzerland at about $36.8 million, indicating that capital demand is shifting towards overseas markets.In terms of asset classes, Bitcoin-related investment products saw the largest outflows last week, totaling about $133 million; short Bitcoin products also experienced outflows of about $15.4 million over the past two weeks, a phenomenon that CoinShares notes typically occurs when the market approaches a cyclical low. Ethereum funds recorded outflows of about $85.1 million, while some altcoins still attracted inflows, with XRP seeing inflows of about $33.4 million, Solana about $31 million, and Chainlink about $1.1 million.In terms of prices, Bitcoin fell nearly 2% over the past week, remaining below the $70,000 mark; Ethereum, after two weeks of significant outflows, is still below the $2,000 level, and overall market sentiment remains cautious.

The co-founder of Three Arrows Capital, Zhu Su, posted on platform X stating, "In the coming years, cryptocurrencies may significantly outperform the Magnificent Seven (Mag7) of the U.S. stock market."

Psy Protocol announced that it has achieved 521,000 transactions per second (TPS) on a real-world proof-of-work network, setting a new record for decentralized system throughput. The testing was supported by Google Cloud, and all transactions are verifiable on-chain, with complete data and cryptographic proofs open-sourced for independent auditing.The team stated that this result was achieved without sacrificing decentralization, security, or privacy, and has established a $100,000 bounty for anyone who can prove the results invalid. Carter Feldman, founder of Psy Protocol, said, "This is not a development network demonstration or theoretical calculation; every result is verifiable."This test demonstrates the infrastructure capabilities for a future AI agent economy, making high-frequency micropayments, continuous clearing markets, and large-scale AI collaboration feasible. Psy Protocol breaks through traditional blockchain throughput bottlenecks through parallel state architecture, client-generated proofs, recursive zero-knowledge proofs, and horizontal scaling design.Complete verification data and methods have been open-sourced, and users can access here for verification.

X product lead and Solana advisor Nikita Bier posted, announcing that X will launch more detection mechanisms for automated behavior and spam, and will continue to strengthen related measures in the future. If the system detects that an account has not been interacted with by a human, that account and its associated accounts may be suspended, even if used only for technical testing or experimentation, which may trigger restrictions.

According to Reuters, the underwriter Clear Street for Strategy announced the postponement of the U.S. IPO originally scheduled for Friday, citing "poor market conditions." Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from an initial goal of $1.05 billion to $364 million. After the reduction, Clear Street's valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion.In recent years, Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings, having provided underwriting services for several crypto treasury companies, including multiple stock offerings for Strategy, and also served as the underwriter for Trump Media & Technology Group.ChainCatcher previously reported that Clear Street, the underwriter behind Strategy, plans to go public as early as January next year.

According to Decrypt, Denmark's largest bank, Danske Bank, is offering Bitcoin and Ethereum ETPs to investors, ending an eight-year ban on cryptocurrencies. Danske Bank's stance has shifted, stating it is in response to the growing demand from customers.Previously, the bank had explicitly stated that it would not provide any type of cryptocurrency services. While it acknowledges that the cryptocurrency market has matured in recent years, it still emphasizes that it does not recommend cryptocurrencies as an asset class.

iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new iShares Bitcoin ETP securities under its secured cryptocurrency-linked securities program. This issuance increases the total number of securities in the series from 110,274,328 to 110,934,328, with an issuance price of $6.89 per security. The Bitcoin ETP trades on the London Stock Exchange under the code IB1T and aims to track the performance of Bitcoin.The total expense ratio of the ETP is 0.25% per annum, but a partial fee waiver will be implemented from the series issuance date until December 31, 2026, reducing the rate to 0.15% per annum. These securities are expected to begin trading on the main market of the London Stock Exchange on February 12, 2026.

According to market news, Nasdaq-listed Bitcoin mining company Bitdeer released an unaudited Bitcoin mining and operational update report for January 2026, disclosing that the company mined 668 BTC in January, an increase of approximately 430% compared to the same period last year. Its total Bitcoin holdings reached 1,530 BTC, with self-mining hash rate reaching 63.2 EH/s.

According to Rankiapro, cryptocurrency asset management company Bitwise announced the launch of five cryptocurrency exchange-traded products (ETPs) on the Italian Stock Exchange (Borsa Italiana), namely: Bitwise Core Bitcoin ETP, Bitwise Physical Bitcoin ETP, Bitwise Physical Ethereum ETP, Bitwise Diaman Bitcoin & Gold ETP, and Bitwise MSCI Digital Assets Select 20 ETP.

Nasdaq-listed Bitcoin mining company LM Funding America disclosed a mining output of 7.8 BTC in January, increasing its total holdings to 364.1 BTC. Based on a price of $79,960, the value of its holdings is approximately $29.1 million.