The proportion of large deposits on Bitcoin exchanges continues to rise

[Franklin Templeton Launches XRP ETF, Diversified Crypto Portfolio ETFs Expected to Emerge] Franklin Templeton's Head of Digital Assets stated that following single-asset ETFs, diversified cryptocurrency portfolio ETFs will become a trend. The company launched an XRP ETF this week. Bloomberg predicts that over 100 new cryptocurrency ETFs will be introduced in the next six months.

Economist Paul Krugman suggests that the decline in Bitcoin prices may be related to US President Trump. （Decrypt）

UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision.

Short term holders of Bitcoin currently suffer daily losses exceeding $900 million, surpassing the scale of losses during China's mining ban and FTX crash. （Cointelegraph）

Legendary investor Gareth Soloway announced the opening of a new Bitcoin long position, with the specific amount undisclosed. （The Bitcoin Historian）