The US spot Bitcoin exchange-traded funds (ETFs) saw a net outflow of $60.48 million on Monday, despite BlackRock’s IBIT fund contributing to a single-day inflow of $28.76 million.

Per SoSoValue data, Grayscale’s GBTC saw the maximum outflows of $44.03 million, followed by Fidelity’s FBTC fund, which recorded a $39.44 million in outflows.

Meanwhile, the spot Ethereum ETFs logged in a net inflow of $35.5 million yesterday, led by BackRock’s ETHA, which saw $23.7 million inflows.

Altcoin ETFs ‘Boom’ – XRP Leads With $935M Inflow Since Debut

Ripple XRP spot ETFs have attracted more than $900 million in cumulative institutional capital since their launch last month. The move signals capital rotation amid Bitcoin’s turbulence and arbitrage unwind.

Particularly, XRP has the most significant altcoin ETF debut to date, with $38.04 million in a single day inflow from four funds on Monday.

Besides, spot Solana ETFs posted $1.18M net inflows in a single day, solely from Fidelity’s FSOL fund. The altcoin witnessed a cumulative net inflow of $640.06 million, since its debut on October 28.

Per CoinMarketCap data, XRP showed a significant surge at the start of December, reaching a peak of $2.20. However, the altcoin has dropped 1.54% to $2.05 over the past 24 hours, signalling bearish momentum. XRP is trading at $2.06 at the time of writing.

Meanwhile, Solana has risen to nearly 5% in the past week, trading at $133.16 at press time.

ETF Trajectory for Next Year

Bitwise Asset Management executive Katherine Dowling told DL News that the crypto ETF sector will continue to boom.

“It is a good starter kit for many investors to gain exposure,” said Dowling, adding that altcoin funds such as Solana and XRP “have promising fundamentals,” pushing the prices to go further.

Additionally, Bitfinex analysts view this as a healthy, tactical rebalancing. They told Cryptonews, “the spot ETF channel remains intact.”

Speaking about Bitcoin’s long-term outlook, they said that the structural thesis remains firm.

“As more large allocators use ETF wrappers as entry points, Bitcoin’s path towards a regulated store-of-value role continues, meaning that future inflows can become deeper and more stable.”

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Jonathan Gould, the head of the US Office of the Comptroller of the Currency (OCC), has pushed back on banker complaints about allowing digital asset firms seeking to establish national trust bank charters.

Speaking at an industry event in Washington, he said that crypto companies seeking federal bank charters should be evaluated no differently than traditional financial institutions.

Limiting digital asset activities would “undermine the dynamic and evolving nature of the federal banking system,” he said.

Further, he highlighted the OCC’s long history of chartering national trust banks and their activities. The OCC received about 14 charter applications since the start of the year, including digital asset firms.

“Although the proposed activities of some new charter applicants, specifically those in the digital or fintech spaces, could be viewed as new activities for a national trust bank, custody and safekeeping services have been happening electronically for decades,” the OCC chief said. “There is simply no justification for considering digital assets differently.”

OCC Plans to Supervise Crypto Firms in Banking System – Here’s How

Gould also dismissed concerns from certain existing banks regarding OCC’s lack of supervisory capacity to oversee new applicants’ activities.

In remarks at the 2025 Blockchain Association Policy Summit, Gould noted that the agency is hearing daily from existing banks about their own initiatives for innovative products and services.

“The OCC has also had years of experience supervising a crypto-native national trust bank,” Gould added. “All of this reinforces my confidence in the OCC’s ability to effectively supervise new entrants as well as new activities of existing banks in a fair and even-handed manner.”

Besides, he emphasized the need to evolve the banking system from historical technologies like the telegraph to modern blockchain innovations.

Crypto Players Apply for National Trust Charter

In October, Coinbase filed an application with the US OCC for a National Trust Company Charter to expand financial services under clear regulations.

Despite the move, Coinbase was clear that it has no plans to become a traditional bank. If granted, the license would allow the crypto exchange giant to offer payments without depending on third-party banks.

Circle and Ripple have filed similar applications. For instance, Ripple intended to bring its dollar-backed stablecoin, RLUSD, under federal supervision by seeking a national banking license.

Additionally, Circle is looking to launch a federally regulated entity named First National Digital Currency Bank that would allow the company to offer crypto custody.

The post OCC Head Advocates for Equal Treatment of Crypto Firms in Bank Chartering Process appeared first on Cryptonews.

Robinhood Markets has announced two key acquisitions, marking its official entry into the Indonesian market. The American financial services firm has entered into agreements to acquire Indonesian brokerage Buana Capital and OKJ-licensed crypto trader PT Pedagang Aset Kripto.

Announced Monday, the move expands Robinhood’s presence in one of the leading crypto markets in the Southeast Asian region.

“Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood’s mission to democratize finance for all,” said Patrick Chan, Head of Asia at Robinhood.

Besides, Pieter Tanuri, the majority owner at both Buana Capital and PT Pedagang Aset Kripto, will serve as the strategic advisor to Robinhood.

However, the company did not disclose the deal price, which is expected to close in H1 2026, Reuters reported.

Robinhood’s Entry Underscores Indonesia’s Growing Retail Investors

Indonesia is home to about 17 million crypto traders and has more than 19 million capital market investors, per a recent report.

Besides, Chainalysis ranks Indonesia as a top global crypto market, placing it 7th in the world and 1st in Southeast Asia for crypto adoption in its 2025 index.

Further, the World Bank’s report on Global Findex 2025 noted that financial account ownership in Indonesia has increased from about 20% of adults in 2011 to roughly 60% by 2024.

With the expansion, Robinhood aims to bring its crypto trading services to Indonesia.

“We look forward to bringing Indonesians the same innovative services that have earned the trust of Robinhood customers globally,” Patrick Chan added.

The nation recently tightened its grip on crypto trading with a tax overhaul, hitting offshore platforms with a fivefold rate increase.

Additionally, crypto mining operations saw VAT rates double from 1.1% to 2.2%, along with an increase in taxes on domestic crypto sales and overseas exchange transactions separately.

The Indonesian government is also exploring Bitcoin as a reserve asset to benefit the country’s long-term financial stability.

The post Robinhood Sets Indonesia Footprint Through Crypto Trader, Brokerage Firms Acquisition appeared first on Cryptonews.

The Trump administration’s newly released 2025 National Security Strategy (NSS) failed to mention digital assets and blockchain tech. The 33-page-long document focuses instead on AI, biotech, and quantum computing.

Released Friday, the NSS is a key policy document framed by the White House. The policy papers lay out how the President views global threats and opportunities.

The pro-crypto administration has so far taken significant steps for the industry, including establishing the President’s Working Group on Digital Asset Markets, signing the GENIUS Act for stablecoin regulation and dropping several enforcement actions against crypto firms.

However, skipping any mention of Bitcoin in global economic policy discussions suggests that digital assets remain outside core security planning.

“We want to ensure that U.S. technology and U.S. standards — particularly in AI, biotech, and quantum computing — drive the world forward,” the national security strategy statement read.

Besides, Trump, who campaigned on becoming the “crypto president”, established a strategic national Bitcoin reserve. However, he later said that the stash will be funded with seized Bitcoin and not fresh BTC purchases.

Trump’s Commitment Over Crypto as National Strategic Issue

The President has previously made strong on-record commitments, framing digital assets as part of the US’ national strategic issue.

For instance, at the Bitcoin Conference in Nashville in 2024, Trump stressed that the future of crypto and the future of Bitcoin “will be made in the USA, not driven overseas.”

Further, in several policy rollouts, Trump positioned global competitors as potential beneficiaries if the US fails to adopt crypto-friendly policies.

The strategy has only mentioned “digital finance” in non-crypto terms, pointing to international economic systems and payment rails, failing to address decentralized networks.

National Security Strategy Shakes BTC Price, Token Slid Below $88K Over Weekend

The impact of the White House’s latest document was reflected in the price of Bitcoin, plunging below $88,000 over the weekend.

However, the world’s largest crypto has risen 1.96% in the past 24 hours to $91,429, per CoinMarketCap data. A close above $91,600 could target $93K, while failure risks a pullback to $89.5K support. Bitcoin is trading at $91,143 at press time.

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