Analysis Archive – Page 223

Grayscale Files S-1 for a Hyperliquid ETF, Making It Three Issuers Racing to List HYPE
Grayscale submitted an S-1 to the SEC for a HYPE ETF on Nasdaq under ticker GHYP. Coinbase is the custodian. Bitwise and 21Shares filed earlier.

Bitcoin ETF Outflows Hit 253 Million Dollars in Two Days as SPY and QQQ Bleed a Record 64 Billion
Spot Bitcoin ETFs lost $253M in two days as the broader equity sell-off hit $64B in 3 months, the largest SPY/QQQ outflow on record. One analyst sees BTC at $55K.

Google Finds iOS Malware That Hunts for Coinbase, MetaMask, and 11 Other Crypto Apps
The DarkSword exploit chain uses six iOS vulnerabilities to deploy Ghostblade, a data stealer targeting 13 crypto exchange and wallet apps on unpatched iPhones.

Gemini Shareholders Sue Over a 398 Million Dollar IPO That Lost 75 Percent of Its Value in Five Months
A class-action lawsuit alleges Gemini concealed plans to pivot to prediction markets, exit three regions, and cut 25% of staff before its September 2025 IPO.

Strive Breaks Into the Top 10 Public Bitcoin Holders After Buying 13,628 BTC in Six Months
Vivek Ramaswamy's Strive flipped CleanSpark and Tesla to become a top 10 corporate BTC holder, but Q4 brought a $393.6 million net loss.

Morgan Stanley Files to Launch the First Spot Bitcoin ETF From a US Bank
Morgan Stanley's amended S-1 reveals MSBT will trade on NYSE Arca with Coinbase, Fidelity, and BNY Mellon as custodians and a fee waiver on the first $5B.

Coinbase Tokenizes Its Bitcoin Yield Fund on Base With Apex Group as Transfer Agent
Coinbase Asset Management puts a tokenized share class of its Bitcoin Yield Fund on Base, using ERC-3643 for on-chain identity and compliance.

Global M2 Says Bitcoin Should Be at 136,000 Dollars, but Energy Costs Are Eating the Rally
Bitcoin is down 35% while global money supply grew 12%, creating a $66,000 valuation gap. CF Benchmarks says energy costs and tight rates are the bottleneck.

Gemini Has Cut 30 Percent of Its Staff This Year, and the Winklevoss Brothers Blame AI
Gemini's workforce is down to 445 after cumulative 30% cuts in 2026. The exchange exited UK, EU, and Australia while pivoting to prediction markets.

World Liberty Financial Launches AgentPay, an Open-Source SDK That Lets AI Agents Spend USD1
Trump-backed World Liberty Financial releases AgentPay SDK, enabling AI agents to hold, move, and transact with USD1 across EVM chains.
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