Crypto Faces Policy Crosswinds

CoinShares reports major outflows as US lawmakers debate crypto rules and institutions reshape market expectations
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Policy and flows move crypto

CoinShares: $454 Million Net Outflow from Digital Asset Investment Products in a Week

According to CoinShares’ weekly report, there was a net outflow of $454 million from digital asset investment products last week. The total outflow over the last four days reached $1.3 billion, wiping out most of the $1.5 billion net inflow at the beginning of the year. The main reason for this trend was cited as the weakening of expectations for a Fed interest rate cut in March. While there was an outflow of $569 million in the US markets, limited inflows were seen in Germany, Canada, and Switzerland. Bitcoin and Ethereum saw outflows, while Solana, XRP, and Sui stood out positively.

US Senate to Discuss Crypto Market Structure Bill This Week

The US Senate Banking Committee will formally review amendments to the Digital Asset Markets Clarity Act (HR 3633) for the first time on January 15. The bill had previously passed the House of Representatives in July 2025. The Senate version highlights ethical rules for public officials who own crypto assets, the classification of stablecoin yields, and DeFi regulations. The bill is expected to proceed in parallel with the Agriculture Committee version. If passed, it will establish a fundamental regulatory framework for the US crypto markets.

Hassett: Fed Chair Powell is a Good Guy

White House National Economic Council Director Kevin Hassett commented on Fed Chair Jerome Powell. Hassett said he did not know whether Trump had approved the investigation into Powell. Stating that he was focused on the Fed’s current stance, Hassett described Powell as “a good guy.” The comments came amid ongoing debates about the Fed’s independence.

Strategy Purchased 13,627 Bitcoins in One Week

Strategy announced that it purchased 13,627 Bitcoins between January 5 and 11. The company spent a total of $1.25 billion on this purchase. With this latest move, Strategy appears to be aggressively pursuing its Bitcoin accumulation strategy. The purchases indicate continued institutional demand. The company continues to position Bitcoin as a long-term balance sheet asset.

Trump to Meet with BlackRock Executive Rick Rieder for Fed Chairmanship

Donald Trump is reportedly planning to meet with BlackRock executive Rick Rieder this week for the position of Federal Reserve Chair. The meeting is said to be part of the evaluation of potential candidates. Rieder is known as one of the leading figures in fixed-income investments at BlackRock. This development has brought uncertainties regarding Fed leadership back to the forefront.

Dubai Bans Privacy Tokens and Crypto Mixers

The Dubai Financial Regulatory Authority has banned the use of privacy-focused tokens in the Dubai International Financial Center. The updated regulations also cover the use of crypto mixers such as Tornado Cash. The decision was justified on the grounds of money laundering and sanctions risks. The regulation will apply to all licensed institutions operating within the DIFC. This step shows that Dubai is taking a stricter line on regulation.

StarkNet-Based Perp DEXs Break Weekly Trading Volume Record

According to DeFiLlama data, the weekly trading volume of perpetual DEXs with StarkNet technical architecture exceeded $10 billion for the first time. This level, recorded during the week of January 5–11, was a historic milestone for the network.

EdgeX, Paradex, and Extended were among the leading platforms. The increased volume signals growing interest in the StarkNet ecosystem. Perp DEXs continue to increase competition in the derivatives market.

BitMine Increases Ethereum Holdings to 4.17 Million ETH

BitMine announced that it purchased 24,266 Ethereum last week. With this purchase, the company’s total Ethereum holdings reached 4,167,768 ETH. The current amount is equivalent to approximately 3.45% of the total Ethereum supply. The company also holds 193 Bitcoin and approximately $988 million in cash assets. BitMine’s total asset value is reported to have reached $14 billion.

 

⚠️ Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always do your own research before making decisions. Darkex is not liable for any financial losses.
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