Cantor Fitzgerald sees early signs of a new crypto winter, but one that’s less chaotic, more institutional, and increasingly defined by DeFi, tokenization and regulatory clarity. What to know : Cantor Fitzgerald said crypto may be entering a new downturn, but sees rising institutional adoption. Real-world asset tokenization and DEX trading are growing despite softening bitcoin prices, a new report says. Institutional investors, not retail traders, are now driving crypto trends, reshaping market dynamics.

Binance NIGHT is currently priced at $0.09586, with a 24-hour increase of 11.65%. 24-hour transaction volume of 300 million US dollars, up 27.94%, for reference only

Michael Saylor's Strategy currently holds 672497 bitcoins with a total value of approximately $59 billion. （Bitcoin Archive）

[Today, U.S. Bitcoin and Ethereum ETFs saw net outflows of 3,495 BTC and 17,969 ETH respectively] According to monitoring by Lookonchain, U.S. Bitcoin ETFs saw a net outflow of 3,495 BTC today, with a 7-day net outflow of 8,778 BTC; Ethereum ETFs saw a net outflow of 17,969 ETH today, with a 7-day net outflow of 29,287 ETH; SOL ETFs saw a net inflow of 6,401 SOL today, with a 7-day net inflow of 117,433 SOL.

[USDC Treasury minted 76 million USDC on Ethereum and burned nearly 168 million USDC] USDC Treasury minted 76,000,000 USDC on the Ethereum blockchain, valued at approximately $76 million, and burned 50,000,000 USDC, 67,960,000 USDC, and 50,000,000 USDC respectively, totaling nearly 168 million USDC burned.