Lummis Bitcoin meme on X fuels talk of U.S. Strategic BTC Reserve

Recent outflows from U.S.-listed spot Bitcoin ETFs, totaling approximately $4 billion, were primarily attributed to specific arbitrage trade closures rather than widespread institutional panic. This indicates a more calculated market response rather than a reaction to broader market fears.

U.S. spot XRP exchange-traded funds (ETFs) have recorded a net inflow of $50.27 million on December 3, extending their inflow streak to 13 consecutive days and bringing the total to $874.28 million. This surge reflects increasing institutional interest in XRP as a viable investment option.

LINK surged by 7% following Grayscale's launch of the first U.S. Chainlink ETF, which saw $37 million in inflows on its first day. This marks a significant milestone for Chainlink as it becomes accessible to a broader range of U.S. investors through an exchange-traded fund.

Polymarket has officially reentered the U.S. market with the launch of its new app, which is now available to select waitlisted users following the approval from the Commodity Futures Trading Commission (CFTC). This marks a significant milestone in the platform's operations, allowing users to engage in prediction markets once again.

The Senate is progressing with a mass-confirmation process that includes nominations for key positions at the Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC), both of which have significant implications for the cryptocurrency sector. This development indicates a potential shift in regulatory oversight as these agencies prepare to take on new leadership under former President Trump's nominees.

BlackRock, the world's largest asset manager, has released a report indicating a bearish outlook on U.S. bonds and the economy while projecting significant gains for cryptocurrency adoption. This shift in perspective highlights the growing confidence in digital assets amidst economic uncertainty.

U.S. spot Bitcoin exchange-traded funds (ETFs) have experienced their fifth consecutive day of inflows as Bitcoin's price rebounds to nearly $94,000, marking its highest level in almost two weeks. This recovery follows a period of volatility in the cryptocurrency market, where Bitcoin had dipped below $90,000 earlier in the week.

Macro strategist Alex Krüger has linked Bitcoin's future performance to anticipated changes at the Federal Reserve in 2026, suggesting that a shift towards a more dovish monetary policy under a Trump-aligned central bank could significantly impact asset returns, particularly for Bitcoin. Krüger posits that the current market is underestimating the potential for a substantial drop in US interest rates.