The first thing I saw when I opened my eyes this morning was news that Bitget had been hacked: more than $350 million in hot wallet assets had been stolen, withdrawals were paused, and the official statement said the protection fund would make good on it. A $350 million hole can just be filled—honestly, that’s pretty frightening. To be fair, this year, something has gone wrong at major exchanges so many times that I’ve lost count.

But when you look at the market, $BTC is standing steadily around 84,000, and the Fear & Greed Index has climbed to 71. Last week, net inflows into Bitcoin ETFs totaled $2.25 billion. Just on Monday alone, IBIT alone absorbed $380 million. Over at $ETH , it also pulled in more than $600 million. The attitude of big money is very clear: no matter what weird issues exchanges have, it doesn’t affect their holding of spot assets.

The most outrageous one is $LTC : it surged 25% in a week, leading the whole market. Yet nobody can explain the reason at all. They say it’s due to on-chain activity combined with expectations for the halving. When something pumps like that with no clear rationale, my stance is always the same: just watch it—don’t chase.

On the policy front, it’s all good news. The U.S. Federal Reserve opened a public comment period regarding stablecoin rules under the GENIUS Act. The European Central Bank, Pontes, has brought central bank money into the tokenized market, and both Deutsche Bank and Santander were among the first to enter. Regulation rolling out step by step—this is the kind of long-term positive that you can actually hold onto.

NFA DYOR

#比特币 #加密货币 #BTC #ETF #Web3