Weekly digest covering major macro developments: MicroStrategy's $369.7M BTC acquisition, Hyperliquid–Kraken parent talks, Ethena fee switch activation, Payward IPO delay, Coinbase stock trading agent launch, regulatory tailwinds from G20, and significant ETF inflows across BTC/ETH.
Regulation & Gov ·
MicroStrategy purchased 4,603 BTC for $369.7M at an average price of $80,318, while Bitcoin and Ethereum ETFs recorded net inflows of $986.7M and $215.3M respectively during the week. Hyperliquid is in talks with Kraken's parent regarding potential US market entry, and Ethena's fee switch vote passed to enable programmatic ENA buybacks. The G20 acknowledged digital assets' potential to support economic growth, signaling regulatory tailwinds for the sector.