Bitcoin briefly fell below $80,000 as broader crypto selling accelerated, producing $404 million of long liquidations in four hours. US spot Bitcoin ETFs recorded $773 million of net outflows across Thursday and Friday after three days of inflows. At the observation point, Bitcoin had recovered to $80,791, down 0.36% over 24 hours on reported volume of $21.86 billion; Ether traded at $2,355.47, down 1.22%.
The combined spot-ETF withdrawals and leveraged-liquidation episode show that regulated access has not insulated Bitcoin from fast risk-off repricing, while Ether’s relative weakness adds pressure to a market already experiencing ETF outflows. The immediate implication is reduced depth from marginal institutional demand during a stressed session, rather than evidence of a structural withdrawal from digital assets; ETF-flow persistence and the trajectory of wider geopolitical risk remain uncertain.
Issuer resistance to the planned OKX–ICE tokenized-stock venue widened as Wells Fargo, Cisco, Marvell and three other companies objected, bringing the reported total to 22. The development compounds earlier issuer concerns around tokenized securities and indicates that distribution, corporate-rights governance and issuer consent remain material constraints on equity tokenization even where exchange infrastructure is available; it does not establish whether objections will alter the venue’s regulatory path or launch timetable.
Franklin Templeton added $150 million of fund shares to XRP Ledger through two subscriptions that nearly quadrupled the fund’s token balance on the network, with the receiving wallet sharing authorized signers with the issuer. The concentration of the increase in one issuer-linked wallet indicates an operational issuance event rather than evidence of broad secondary-market demand, but it expands the scale of a major asset manager’s onchain fund representation; the supplied information does not identify the fund, investor base or resulting liquidity.