CryptoQuant says bitcoin whale and dolphin accumulation stalled as demand remains weak

Calamos is gaining $10-15 million in inflows for protected Bitcoin ETFs as $1 billion exits spot Bitcoin products. The firm structures these ETFs using 90% Treasuries and Bitcoin options, offering zero-downside protection while capturing upside. Advisors increasingly seek volatility reduction and improved risk-adjusted returns. This signals crypto's evolution toward sophisticated strategies beyond simple spot exposure.

The leader of the regulator's Crypto Task Force said privacy-enhancing technologies can strengthen investor protection and urged regulators not to treat them with suspicion....

Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure....