Last night, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve, aiming to boost the nation's position in the digital asset space. This reserve will be funded using Bitcoin forfeited in criminal or civil cases, positioning it as a long-term store of value akin to a digital Fort Knox. This initiative underscores the administration's commitment to embracing blockchain technology and integrating it into national financial strategies. ​

The creation of the Strategic Bitcoin Reserve marks a significant milestone in the U.S. government's engagement with cryptocurrency, reflecting a broader trend of institutional adoption and recognition of digital assets' potential. As the crypto landscape continues to evolve, stakeholders will be closely monitoring the implications of this development on the market and regulatory environment.​

The Crypto Summit kicks off today, bringing together industry leaders, policymakers, and blockchain developers to discuss the latest trends, regulatory outlooks, and innovations shaping the future of digital assets. Expect discussions on regulation, innovation, institutional adoption and the evolving role of crypto in global finance.

Bitcoin ETFs experienced another week of outflows as investors reacted to macroeconomic developments. The week started with net negative flows across multiple issuers, with notable sell offs from Fidelity’s FBTC and Grayscale’s GBTC. Mid-week saw a brief inflow before outflows ramped up again, reflecting uncertainty surrounding U.S. monetary policy and institutional appetite for BTC.

Ethereum ETFs followed a similar trend, with Grayscale’s ETHE seeing continued outflows. While there were some minor inflows in the middle of the week, overall sentiment remains cautious. Market participants are watching for signs of stabilization as ETH-based investment products navigate shifting regulatory and liquidity conditions.

Despite ongoing volatility, a few assets saw positive momentum this week. Hedera (HBAR) led market performance, with Ripple (XRP), Bitcoin (BTC), and Dogecoin (DOGE) also posting gains. Solana (SOL) remained relatively flat, reflecting the cautious sentiment among investors.

This week Paul Grey filmed a video about Metal Dollar XMD, what it is and how to mint and redeem it for other stables.

Metal Dollar (XMD) is more than just a stablecoin, it's the core trading pair on Metal X the DeFi super app built on the XPR Network. Unlike traditional stablecoins like USDC or USDT, which are tied to a single issuer, XMD is backed by a 'basket of stablecoins' (USDC, USDP, PYUSD), providing greater stability and resilience.

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