Following the recent inauguration, Bitcoin Exchange Traded Funds (ETFs) have seen a significant influx of $802.5 million. BlackRock led the charge with the largest inflows. In related news, Justin Sun, a prominent figure in the cryptocurrency space, suggested Ethereum should tax its layer-2 solutions and start staking to push its price to $10,000. Meanwhile, Circle, a stablecoin issuer, has acquired Hashnote, a real-world asset issuer, and partnered with DRW to boost the liquidity of its USDC stablecoin. On the regulatory front, the SEC has established a new crypto task force under the leadership of Hester Peirce, known as “Crypto Mom,” to navigate the evolving landscape of digital assets. Additionally, Ross Ulbricht, the founder of the Silk Road, was granted a full pardon by former President Donald Trump, who described Ulbricht’s double-life sentence as “ridiculous.” Lastly, Ethereum co-founder Vitalik Buterin has publicly supported Ethereum Foundation leader Aya Miyaguchi amidst community criticism.
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