Blockchain_Bulletin

Goldman Sachs disclosed $2.36B in crypto ETF holdings in its latest SEC filing (as of Dec 31, 2025).

Breakdown:
• $1.1B in #BitcoinETFs
• $1.0B in #EthereumETFs
• $153M in #xrpetf
• $108M in Solana ETFs

Crypto now represents 0.29% of its $811B portfolio, with total exposure up 15% QoQ, signalling steady, measured expansion into digital assets by Wall Street.

$PIPPIN is leading the market today 📈
• +28% in the last 24 hours
• +133% over the past 7 days
• Volume up 23% in 24 hours

Strong momentum and rising participation are pushing it to the top of the trending list.

🚀 Big move in #Web3!
#Robinhood App just launched the public testnet for Robinhood Chain, a financial-grade Ethereum Layer-2 built on #Arbitrum tech.
Developers can now deploy and test applications in a live environment as the project moves toward mainnet. The testnet sets the stage for tokenised assets and deeper integration with the broader DeFi ecosystem.

Market Snapshot 📊
Humanity Protocol ($H) leads today’s charts, jumping +11.99% in 24h and +35% over the past 7 days, currently the top gainer.

The signal sits in liquidity: 24h volume jumped 46% to $38.36M, pointing to aggressive momentum rotation rather than a fundamentals catalyst.

This move is volume-led, not news-led. As long as volume stays elevated, momentum has room, but this is the zone where volatility usually sharpens. #HumanityProtocol

Binance has completed the purchase of 4,225 $BTC for its SAFU Fund, converting $300M in stablecoins.
Total SAFU holdings now stand at 10,455 BTC, according to on-chain data shared by the exchange.
Binance says it will continue acquiring #Bitcoin and aims to complete the fund’s conversion within 30 days of its initial announcement. #binancebitcoinsafufund

Ondo’s USDY is accelerating
In under a month, $USDY grew 101% (+$707M) to a record $1.4B in on-chain assets, pushing it into the top 3 tokenised Treasury products.

Growth by network:
• #Ethereum : +112% → $853.5M
• #Aptos : +1385% → $27.4M
• #stellar : +992% → $9.9M

With tokenised Treasuries now exceeding $10B onchain, capital is clearly rotating toward regulated, yield-bearing blockchain assets. #ONDO

Metaplanet accelerates its #bitcoin strategy 📈

Closed its first institutional shares and warrants deal, raising ¥21B (~$136.5M).

Breakdown:
• ¥12.2B (~$79.3M) in shares at a 5% premium
• Up to ¥8.8B (~$57.2M) via 1-year warrants at a 15% premium

Clean institutional positioning around $BTC balance-sheet expansion.

🚨 OpenAI explores a bot-free social network
The OpenAI team is working on a real-humans-only platform, considering Face ID or Worldcoin’s iris scan for proof of personhood.
$WLD jumped `15% after the report.
No launch timeline yet; privacy concerns remain.
Big idea, big privacy questions. No launch timeline yet.

USD1 is surging

Over the past week, World Liberty Financial’s #USD1 supply grew 55% (+$1.714B), cementing its position as the 5th-largest stablecoin.

Growth is broad-based across chains:
• #solana : +244% (7D) → $554.0M
• #Ethereum : +101% (7D) → $2.395B
• #BSC : +10.5% (7D) → $2.064B
• #Aptos: +16.5% (7D) → $21.8M
• #Monad: +19% (7D) → $1.33M

Takeaway: $USD1 expansion isn’t chain-specific; it’s scaling wherever liquidity and incentives align.

🚨 Trump-linked stablecoin USD1 hits a major milestone

$USD1 has crossed $5B+ in market cap, becoming the 5th-largest stablecoin globally, behind only $USDT , $USDC and a few incumbents.
Trump Jr. shared the milestone on X, with Eric Trump also celebrating.
Designed to maintain a 1:1 USD peg, USD1 has now surpassed PYUSD and RLUSD, reaching this scale in under a year since launch.
Fastest climb among new-age stablecoins.

ETF Net Flows Jan 28, 2026

$BTC ETFs: –$5M
$ETH ETFs: +$0.8M

Bitcoin saw minor outflows, while Ethereum held a small but positive inflow, signalling selective positioning rather than broad risk-off sentiment. #etf

ETF Flows (Jan 27)

#etf net outflows hit -$49.2M
• BTC ETFs: -$45M
• ETH ETFs: -$5M

This comes a day after Jan 26’s $128.1M net inflows, led by Fidelity’s FETH (+$137.2M), which snapped a 4-day outflow streak.
Flows remain choppy, not directional.

Bitcoin is no longer being “tested” by U.S. banks- it’s being integrated

According to River, 15 of the top 25 U.S. banks by assets now offer or are building #bitcoin products. PNC is rolling out custody + trading for HNW/institutional clients, while Goldman Sachs, Morgan Stanley, Citi, and Wells Fargo provide institutional trading; JPM has announced plans.

Behind the scenes, custody, execution, compliance workflows, and ETF-linked exposure are becoming standard infrastructure. Spot ETFs lowered regulatory and balance-sheet friction, but access remains gated, signalling controlled, institutional-first adoption.

Bitcoin is moving from an alternative asset to financial system middleware. $BTC

BitMine Holdings Update 🟣
#Bitmine ( $BMNR) now holds $12.8B in total crypto and investments, led by ~4.24M $ETH and $BTC, alongside cash and strategic equity stakes.

The firm controls ~3.5% of ETH’s circulating supply, cementing its lead as the largest ETH treasury holder.

ETH accumulation at the institutional scale is accelerating.

Read more: https://www.prnewswire.com/news-releases/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-243-million-tokens-and-total-crypto-and-total-cash-holdings-of-12-8-billion-302669744.html?tc=eml_cleartime

ETF Flows Update 📊

#etf sentiment flipped on Jan 26 with $128.1M in net inflows, snapping a 4-day outflow streak.

• Ethereum ETFs led the rebound- Fidelity’s FETH pulled in $137.2M

• Bitcoin ETFs stayed under pressure at -$9.1M, marking 1 week of net outflows

Capital rotation is clear, with ETH products attracting fresh demand while BTC flows remain cautious.

Strategy Continues to Accumulate Bitcoin

#strategy purchased an additional 2,932 BTC for ~$264.1M, paying an average of ~$90,061 per bitcoin.

As of Jan 25, 2026, the firm now holds 712,647 BTC, purchased for a total of ~$54.19B at an average cost basis of ~$76,037 per $BTC .

This move further cements Strategy’s approach: Bitcoin as a core treasury asset, not a short-term trade.

Key Crypto Events & Token Unlocks | 26 Jan – 1 Feb 2026

🔓Token Unlocks
• Bitget Token ( $BGB)- 26 Jan: 140M tokens unlocked (~10.5% of released supply)
• Sign ( $SIGN)- 28 Jan: 290M tokens unlocked (~17.68%)
• Jupiter ( $JUP)- 28 Jan: 53.47M tokens unlocked (~1.7%)
• Kamino ( $KMNO)- 30 Jan: 229.17M tokens unlocked (~3.55%)
• Optimism ( $OP ) - 31 Jan: ~1.62% of released supply unlocked
• Sui ( $SUI ) - 1 Feb: 43.53M tokens unlocked (~1.15%)
• EigenCloud ( $EIGEN ) - 1 Feb: 36.82M tokens unlocked (~8.88%)

📌Key Events
• Solv Protocol ( SOLV)- 26 Jan: Secures EU MiCA license (Netherlands), enabling compliant BTC reserve and financial services across EU markets
• Story ( IP)- Ongoing $100M buyback program (with ~$82M executed on open markets through Feb 1)

Large unlocks (BGB, SIGN, EIGEN) can add short-term supply pressure. Keep an eye on volume and post-unlock price action. #TokenUnlock #cryptoevents

RIVER Rips Higher on Squeeze + Alt Rotation
$RIVER spiked to $88.1 and is now trading near $86, up ~38% in 24h, extending a +197% weekly move and an explosive +2,100% gain over the past month, sharply outperforming a flat broader market.

What’s driving it:
• Short squeeze: Crowded short positions in derivatives were liquidated as the price climbed, accelerating upside
• Capital rotation: Traders rotated out of BTC/ETH into high-beta small caps
• HTX Earn launch: New RIVER Flexible Earn product added yield-driven demand and locked up supply

This is a leverage-fueled rally, which is bullish short-term but highly volatile.

Key watch: Can RIVER hold above the major liquidation zone near $60, and will spot demand step in to sustain the move?

Stablecoins Are Turning Into a Major Revenue Engine for Ethereum
#stablecoin issuers generated nearly $5B in revenue on Ethereum last year, per Token Terminal.
Most of this came from yields on collateral assets like short-term Treasuries, not fees, highlighting how capital efficiency, not speculation, is driving growth.

• Quarterly issuer revenue rose sharply from ~$500M in Q1 to over $1.4B in Q4
• #Ethereum stablecoin supply grew by ~$50B YoY to ~$180B, reinforcing its role as the primary settlement layer

At the market level, stablecoins are now operating at a massive scale. The total stablecoin market peaked above $310B, led by $USDT ($187B) and $USDC ($72B). Usage is accelerating alongside supply, with on-chain transaction volume up 72% to ~$33T, signalling adoption beyond just trading pairs.

Layer-2s are playing a critical role in this expansion.

• Base reached a new ATH of ~$5.2B in stablecoin supply, showing how payments and DeFi activity are migrating to cheaper rails while staying anchored to Ethereum

On the credit side, Ethereum remains unmatched. It leads on-chain lending with ~$28B in active loans, roughly 10× that of any other network, making stablecoins the backbone of on-chain credit markets.

• Yield-bearing stablecoins like $sUSDS are growing rapidly as users seek “cash-like” assets that earn
• Key challenges remain around regulation and privacy, especially as stablecoins move closer to everyday payment use

Key Takeaway: Stablecoins are no longer just liquidity tools. They’re becoming one of Ethereum’s strongest and most consistent revenue drivers.