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Strategic Evolution of the FinTech Investment Market: The BFSI Deployment Shift | DataIntelo

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Strategic Evolution of the FinTech Investment Market: The BFSI Deployment Shift | DataIntelo

The global economic environment is changing fundamentally. By 2033, the multibillion-dollar FinTech Investment Market will no longer be characterized by speculative businesses, but rather by the integration of sophisticated technology solutions into the banking, financial services, and insurance (BFSI) industries. This change has been driven in large part by changes in how these technology solutions are deployed (moving away from outdated physical systems to more nimble cloud-based and hybrid networks)

DataIntelo has reported that the global FinTech Investment market was valued at $150B in 2023 and will grow to an estimated $600B by 2032, representing a CAGR of 16%.

Current Market Context (2026 State)

  • A reduction (Flight to Quality): The majority of investors are not making anymore investments in digital wallets and are instead investing more in companies that possess positive unit economics (making a profit on a per customer basis) as opposed to companies simply growing in their number of users.
  • Infrastructure vs. Interface: Investment in “front-end” applications (neobanks) is moving to “back-end” infrastructure (API first platforms, cloud native banking cores, Interoperable payment rails)
  • The Convergence Era: The lines between FinTech and traditional banks are starting to blur and as such, investment growth in the next few years will see FinTechs obtain banking licenses and traditional banks acquiring the technology platforms to operate like software companies

Market Valuation and Growth Projections (2024–2033)

current growth cycle is largely characterized by B2B infrastructure. The main drivers behind this continued growth include, but are not limited to the following:

  • Modernization of legacy core banking systems. This involves large-scale migrations of traditional banking and financial services business-to-business operations to digital-first environments.
  • Embedded finance. This refers to the integration of financial services into technical ecosystems that do not provide financial services primarily.
  • Institutional adoption of DeFi. Adoption of decentralized finance principles by traditional financial institutions and the subsequent implementation of these principles into regulated banking models.

Structural Analysis: The Mechanics of BFSI Deployment

Deployment mode is the technical foundation of all fintech investments.

Deployment in today’s banking, financial services, and insurance (BFSI) environment can be classified according to three main structural logics:

1. Cloud-Native and Public Cloud Deployment

Banks and other financial institutions are making the transition from their on-premises IT infrastructure to a public cloud model for a number of reasons. Most importantly, this allows them to scale their operations easily, deploy microservices (like real-time fraud detection systems and automated credit scores), and sidestep the financial and time costs associated with maintaining physical servers.

2. On-Premise for High-Security Compliance

A sizable proportion of FinTech investments are deployed on-premises due to the growing trend of “Cloud” based systems, due to increased regulatory and data sovereignty requirements. The technical architecture used in this case is based on ‘Private Clouds’, which provide modern software and an in-house, local piece of hardware; thus providing the security of having both instances co-located together.

3. Hybrid Orchestration

The Latest Evolution in Investment Trends: Hybrid Deployment – Using On-Premise Hardware as Core Ledger Management and Public Cloud Technology for Customer-facing AI & Analytics.

The concept of Dual Track Mechanical Logic enables optimal security and performance.

The BFSI Integration: Deep Dive into Functional Logic

The BFSI sector’s interest in FinTech investment is currently concentrated in three technical domains:

  • Processing Transactions at Extremely High Rates

Investment is being made into developing low-latency engineering systems. As Finance Companies (BFSI) compete against nimble FinTech businesses, the ability to process transactions in less than a millisecond has become an engineering requirement. As part of this requirement, there is a great deal of research and development going into distributed ledger technology (DLT) and hardware-based processing acceleration.

  • Use of Artificial Intelligence (AI) for Engineering Risk

In insurance and banking, the use of machine learning models for the purpose of predictive risk assessment is a major focus area. Machine learning models differ from traditional static models because they use information that is available in real-time to dynamically modify interest rate, premium, and credit limit decisions.

  • Establishing Cybersecurity Infrastructure

The decentralization of deployment options is significantly expanding the attack surface for financial institutions. Therefore, a large proportion of FinTech investment goes into Zero Trust Architecture (ZTA). ZTA refers to the mechanical implementation of identity-based networking and automated threat response.

  • Outlook for the Future: Moving Toward 2033

By the end of 2033, there will be no significant difference between a “Bank” and a “Technology Company.” The Banking, Financial Services, and Insurance (BFSI) sectors will function as modular ecosystems where financial products will be “installed” as updates to software.

Key growth indicators to monitor include:

  • The emergence of regulatory technology (RegTech) provides real-time automated tools to track and manage changes to regulatory compliance.
  •  Investments in quantum-resistant encryption will enable organizations to build hardware capable of protecting against future generations of computing technologies.
  •  Green FinTech includes using blockchain technology more efficiently through the application of energy-efficient protocols and environmental social governance (ESG) algorithms..

Top Investment Verticals

  • If you are composing a document addressing the actual destination of funding, then consider focusing upon four areas of concentration:
  • Embedded Finance: This represents the “invisible” integration of financial products/goals/services into non-financial products/platforms such as being able obtain real-time insurance or credit for construction through a single mobile application. Current estimates project this will reach hundreds of billions in total volume by end-of-year.
  • Agentic AI/Autonomous Finance: This represents the next evolution of AI beyond chatbots and is defined as systems that do not only provide recommendations but also perform independent execution of transactions, manage portfolios and monitor compliance independently through help of investment funding via private equity.
  • Tokenized Real Estate and Stablecoins: With ongoing development and maturity of legislative measures such as GENIUS Act (U.S.) and MiCA (E.U.), there is a subsequent influx of pension and institutional capital flowing into tokenizing RWA (real world assets) including residential real estate and U.S. treasury securities.
  • Regulatory Technology (RegTech): With global regulatory agencies tightening their controls and implementing new legislation, AI-based compliance systems and implementing cyber-security measures will become the two types of investments necessary for mitigating fraud and maintaining compliance with regulations.

Conclusion

The FinTech sector is experiencing a “Deployment Revolution” at this time. BFSI professionals are shifting their perspective from whether to adopt new technologies to how they will deploy those technologies. The technical structural analysis indicates that the institutions that win the race to 2033 will be those able to effectively deploy hybrid solutions on high-speed, secure and cloud-agile platforms.

Regional Market Intelligence and Research Support

This comprehensive FinTech investment Market study by DataIntelo provides in-depth insights into market size, deployment models, component segmentation, application trends, regional performance, and competitive positioning through 2033.

For additional industry research and technology market intelligence, readers may also explore complementary datasets available at

https://dataintelo.com/ Read Full Report: https://dataintelo.com/report/fintech-investment-market

Blockstream Launches Jade Core To Simplify Bitcoin Self-Custody Without Sacrificing Security

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Blockstream Launches Jade Core To Simplify Bitcoin Self-Custody Without Sacrificing Security

Blockstream has introduced Jade Core, a new hardware wallet designed to expand access to Bitcoin self-custody through a simplified user experience. 

The device builds on the company’s existing Jade lineup and retains its open-source security model while targeting a broader base of users.

The launch reflects a shift in hardware wallet design as providers seek to reduce barriers tied to self-custody. Many existing solutions have focused on experienced users, with complex setup processes and technical requirements. 

Jade Core addresses this gap through guided onboarding and tighter integration with Blockstream’s mobile and desktop applications.

The device supports Bluetooth pairing and enables users to manage transactions across platforms without relying on custodial services. Private keys remain stored on the device, and all transaction signing occurs offline. This architecture reduces exposure to online threats while preserving user control over assets.

Jade Core includes several core security features tied to Blockstream’s existing framework. These include open-source hardware and firmware, allowing users and developers to audit the system. The device also incorporates Blind Oracle PIN protection, which uses encrypted authentication to guard against unauthorized access, including cases involving physical compromise.

Users can verify device authenticity during setup, a feature designed to address supply chain risks in hardware wallets. The device display has been updated to support clearer transaction verification, reducing the risk of user error during transfers.

Blockstream said Jade Core is part of their broader effort to expand direct ownership of Bitcoin. The company has emphasized counterparty risk tied to centralized exchanges, particularly following a series of failures and security incidents across the digital asset sector. Hardware wallets have gained traction as users seek greater control over funds.

Blockstream: Retail-facing tools, institutional rails

According to Blockstream executives, Jade Core aligns with a wider product strategy that connects retail-facing tools with institutional infrastructure. The company aims to support both individual users and larger market participants through a unified ecosystem built on Bitcoin-native technology.

The release comes at a time when demand for self-custody solutions continues to grow alongside Bitcoin adoption. By reducing complexity without altering core security assumptions, Blockstream is positioning Jade Core as an entry point for users transitioning away from custodial platforms.

Jade Core expands competition in the hardware wallet market, where usability and security remain key differentiators. As adoption increases, providers face pressure to deliver tools that balance ease of use with strong protections tied to open and verifiable systems.

Amboss Activates RailsX, Enabling Self-Custody Stablecoin Trading On Bitcoin Lightning

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Amboss Activates RailsX, Enabling Self-Custody Stablecoin Trading On Bitcoin Lightning

Amboss has activated RailsX, a Lightning-native exchange layer that allows users to trade bitcoin against stablecoins without relinquishing custody, marking a shift in how dollar-denominated liquidity can move across Bitcoin infrastructure.

The launch introduces two trading pairs, USDT-L and USDC-L, issued by Speed Wallet, and opens them to peer-to-peer trading across the Lightning Network. Trades route through existing Lightning channels and settle atomically within seconds, with no centralized order book or intermediary holding user funds.

The release moves stablecoin functionality on Lightning beyond experimentation. While the concept of dollar-pegged assets on Bitcoin’s second layer has circulated for years, implementation has remained limited. Speed Wallet has operated wrapped stablecoins within its own ecosystem for roughly 18 months, providing a closed-loop proof of concept.

RailsX extends that model to the broader network, allowing any compatible node to access the same infrastructure.

Amboss and Thunderhub

RailsX will integrate with Thunderhub, a Lightning node management interface, which serves as the routing layer for these trades. Users execute swaps directly from their own nodes, maintaining control of private keys throughout the transaction lifecycle. Settlement occurs through Lightning’s existing payment channels, removing reliance on bridges or external chains.

Amboss said that RailsX is an extension of its existing Rails product, which focuses on Lightning liquidity provisioning. Together, the two systems form a combined liquidity and trading layer: users can allocate capital to channels, earn yield, and trade against that liquidity without transferring assets to an exchange.

The absence of an order book alters how price discovery occurs. Instead of matching bids and asks in a centralized system, trades execute through routed liquidity across the network. This design mirrors how Lightning processes payments, though applied to asset exchange rather than simple transfers.

Speed Wallet provides issuance and backing for USDT-L and USDC-L, with the assets designed to remain fully reserved. The company’s role introduces a hybrid structure: while trading remains self-custodial and peer-to-peer, stablecoin issuance still depends on a centralized entity.

The development arrives as demand for stablecoin liquidity continues to expand across crypto markets, particularly in regions where dollar access remains constrained. By embedding stablecoin trading within Bitcoin’s payment rails, RailsX offers a pathway for Lightning to compete with alternative ecosystems that have dominated stablecoin activity.

Whether RailsX can scale depends on liquidity depth and node participation. Early trading activity will test whether a routing-based exchange can support consistent pricing and volume without centralized coordination.

For now, the launch represents a functional step toward integrating stablecoin utility into Bitcoin’s native infrastructure.

Visa is teaming up with a Tether co-founder to build onchain banks

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Visa is teaming up with a Tether co-founder to build onchain banks

Visa (V) is working with blockchain-based stablecoin infrastructure firm WeFi, to help establish the “last half mile” that can provide users with robust onchain payments and banking services, the companies said on Tuesday.

WeFi, which is co-founded by former Tether OG Reeve Collins, describes its platform as “an orchestration layer between decentralized finance (DeFi) and regulated payment infrastructure, designed to support use cases such as cross‑border spending and on‑chain value storage,” according to a press release.

“We’re upgrading the plumbing and offering essentially people bank accounts, because they’ll soon have their IBAN numbers, and we’re getting the various licenses around the world to operate appropriately,” Collins said in an interview.

As the platform scales, the plan is to partner with more banks and institutions, with a view towards the underbanked of the world, Collins said.

The rollout will take place region by region, starting with selected markets in Europe, Asia and Latin America. Expansion into additional markets will depend on local regulatory approvals and issuing partnerships.

“The partnership with Visa really closes that last half mile of onchain banking infrastructure,” Collins said.

“This collaboration demonstrates how Visa’s global network interacts with onchain models, while operating within established regulatory frameworks and the reliability consumers and merchants expect,” said Mathieu Altwegg, Head of Product & Solutions in Europe at Visa, in a statement.

Galaxy Digital first-quarter loss narrows, AI push grows

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Galaxy Digital first-quarter loss narrows, AI push grows

Galaxy Digital (GLXY) narrowed its first-quarter loss as a shift in business mix and tighter financial management outweighed a decline in cryptocurrency prices.

The company lost $216 million, or 49 cents a share, less than the 59 cents estimated by analysts. Revenue dropped to $10.2 billion from $12.9 billion in the year-earlier quarter.

The company is increasingly focusing on the growing demand for data centers, and this month delivered its first data hall at the Helios campus in Texas to CoreWeave (CRWV), marking the start of revenue under a long-term lease tied to artificial intelligence workloads.

“Adjusted gross profit remained broadly stable, reflecting a shift in the business mix as recurring fee revenue and transaction income continue to scale and provide greater resilience in softer market conditions,” the company said in a statement. “Disciplined expense management during the quarter helped narrow the adjusted EBITDA loss, underscoring a focus on operating efficiency in more challenging environments.”

The Helios facility is set to deliver 133 megawatts of computing power by the end of the second quarter. The company also secured approval for an additional 830 megawatts of power at the site, bringing total capacity to more than 1.6 gigawatts.

GLXY shares fell for a second day, and were recently 0.84% lower at $24.84.

New wallet offers way to tackle Bitcoin’s quantum risk without a fork

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New wallet offers way to tackle Bitcoin’s quantum risk without a fork

Developers behind a new wallet product say they have found a way to tackle quantum computing risks using a smart contract layer that runs alongside Bitcoin without requiring any change to the network itself.

Postquant Labs unveiled Quip Network’s post-quantum bitcoin BTC$76,882.32 wallet Tuesday, the company told CoinDesk in an email. The product runs on Arch Network, a system that lets developers build smart contracts anchored directly to Bitcoin rather than on a separate chain or through wrapped tokens.

Quip uses that infrastructure to add a post-quantum signature scheme called WOTS+, short for Winternitz One-Time Signature, on top of Bitcoin’s existing security. WOTS+ is a tested cryptographic technique that does not rely on the elliptic curve math a quantum computer could break.

By using a “Layer 2” — shorthand for a separate network built on top of Bitcoin that processes transactions and settles back to the main chain—developers can add features without changing Bitcoin’s base layer.

“The Bitcoin community has delayed a fix for years, despite Satoshi himself discussing the quantum problem,” Postquant Labs CEO Colton Dillion said in a statement to CoinDesk. “Developers say any protocol upgrade could take 5 to 10 years, but with Quip’s approach, we provide similar protection immediately.”

Bitcoin’s quantum readiness

The launch arrives in the middle of an active fight over how Bitcoin should respond to quantum risk.

Prominent developer Jameson Lopp and five others proposed BIP-361 two weeks ago, which would phase out quantum-vulnerable addresses on a fixed five-year timeline and freeze coins that fail to migrate, including the roughly 1.1 million bitcoin attributed to pseudonymous creator Satoshi Nakamoto.

Paul Sztorc’s controversial eCash hard fork would copy Bitcoin’s chain and ship seven sidechains including a quantum-resistant one, funded partly by reassigning Satoshi-pattern coins on the new ledger to investors.

Both proposals have drawn pushback from the community.

Quip’s pitch is that neither approach is necessary. The setup requires no soft fork, no consensus change, no community vote. A soft fork is a Bitcoin upgrade that tightens existing rules so older software still works, but it still needs broad miner and node support to activate. Bitcoin’s last major soft fork was Taproot in 2021. The next one, if it happens, could take years.

Technical trade-offs

The three approaches actually disagree on something specific. Lopp’s argument is that Layer 2 protection like Quip’s is insufficient because Bitcoin mainnet public keys still leak the moment a user broadcasts a transaction, giving a future quantum attacker a target.

There are a few caveats, however. The wallet app launches next week rather than today. A third-party audit is underway but not complete. Quip’s quantum-resistant accounts already exist on Ethereum and Solana, but the Bitcoin deployment is new and Arch Network is still relatively early infrastructure.

Postquant Labs CTO Dr. Richard Carback, a long-time collaborator with eCash inventor Dr. David Chaum who now advises the project, said the approach narrows the window for a quantum attack to as little as two blocks, roughly 20 minutes.

(David Chaum’s eCash is the original digital cash protocol from 1983, the academic foundation for ‘blind’ signatures and privacy-preserving electronic money. It predates Bitcoin by 25 years and has nothing to do with Bitcoin or the eCash proposal by Sztorc.)

Sztorc’s argument is that incremental patches are exactly why Bitcoin needs a clean fork with quantum resistance built in from the start. The Layer 2 approach, which now includes Quip and Blockstream’s hash-based signature work on the Liquid Network, argues both other positions overreact to a threat that better infrastructure can handle without changing Bitcoin itself.

Which approach wins depends partly on how fast quantum computers actually arrive. The Bitcoin holders most worried about quantum risk have historically been the same group most resistant to wrapped or smart-contract-anchored products.

Core Scientific Plans 1.5GW AI Data Center Campus in Texas

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Core Scientific Plans 1.5GW AI Data Center Campus in Texas

Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of gross power capacity.

In a Monday announcement, the company said it is developing its Pecos, Texas, site into a high-density colocation hub designed to support AI workloads amid rising demand for computing infrastructure. Of the planned capacity, about 1 GW is expected to be available for leasing.

“We continue to leverage our deep in-house expertise to differentiate how we build and scale next generation artificial intelligence infrastructure,” Adam Sullivan, CEO of Core Scientific, said.

As part of the transition, roughly 300 megawatts currently used for Bitcoin mining at the site are being repurposed for data center operations, Core Scientific said. The company added that the first data hall has completed foundational work and is moving into vertical construction, with initial capacity expected in early 2027.

Core Scientific shares are up 44% YTD. Source: Yahoo! Finance

The company has also secured an additional 300 megawatts of power under contract with its utility provider, while outlining plans for further expansion through a behind-the-meter solution.

Aside from Core Scientific, other miners are also exploring alternative revenue streams as mining margins tighten, with a focus on AI. In February, MARA Holdings acquired a 64% stake in French infrastructure company Exaion, expanding into AI services. Other miners, including Hive, Hut 8, TeraWulf and Iren, are also repurposing mining facilities into data centers.

Related: CoreWeave shows how crypto-era infrastructure quietly became AI’s backbone

Core Scientific acquires 200 acres

To support the buildout, Core Scientific said it has acquired more than 200 acres of land in the area.

Last week, the company also announced plans to raise $3.3 billion through senior secured notes due 2031 to fund data center expansion across Georgia, Texas, North Carolina and Oklahoma. The move follows a separate $1 billion credit facility secured from Morgan Stanley in March.

Core Scientific has historically generated most of its revenue from mining digital assets, but has been increasing its focus on infrastructure services. The company operates facilities across several US states, including Texas, Georgia and North Carolina.

Related: Core Scientific Q4 Earnings Miss Moves Shares Lower

NYDIG to buy idle New York smelter

As Cointelegraph reported, Alcoa is close to selling its long-dormant Massena East smelter in upstate New York to Bitcoin mining firm NYDIG, with the deal expected to close by the middle of the year. The plant has sat unused since 2014, when it was shut down due to high energy costs and global competition.

Earlier this year, Century Aluminum also sold its Hawesville smelter in Kentucky for $200 million to crypto miner TeraWulf, which plans to convert it into a high-performance computing and AI facility.

Magazine: Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Sky Proposes to Streamline Treasury Management

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Sky Proposes to Streamline Treasury Management

With Genesis Capital fully deployed, the protocol looks to shift from governance-determined capital outflows to rules-bound expenses capped at a fixed percentage of revenue.

Sky, the decentralized finance (DeFi) lending protocol formerly known as MakerDAO, is moving to overhaul how its treasury allocates net revenue now that the founding phase of capital deployment has formally ended.

In a forum post, founder Rune Christensen laid out the rationale for simplifying the Treasury Management Function (TMF), arguing that the recent transfer of Genesis Capital to Grove marks Sky’s permanent exit from the Genesis Capitalization phase. Genesis Capital was the bootstrap funding mechanism Sky used to seed new agents during the expansion of its Sky Agent Network.

The “irregular, governance-determined capital deployments” of the founding period are over, the post said, leaving behind a set of expenses that are rules-bound, predictable, and capped as a fixed percentage of revenue.

The proposal would simplify the TMF from a five-step conditional waterfall into a four-step structure with fixed allocations across Security and Maintenance, Aggregate Backstop Capital, the Smart Burn Engine, and USDS Staking Rewards.

It would also retire several legacy mechanisms, including the Net Revenue Ratio, phase-based distinctions, activity-based staking reward tiers, and Short Term Trading provisions.

The treasury overhaul comes as Sky scales rapidly. USDS supply has climbed to roughly $11.6 billion, making it the third-largest stablecoin, after the Sky community authorized up to $2.5 billion for deployment through stablecoin incubator Obex earlier this year and launched native USDS on Avalanche via the SkyLink bridge in April.

S&P Global Ratings, which last year assigned Sky a “B-” issuer credit rating, has flagged governance and capital position as the protocol’s key constraints.

Tightening the rules around how revenue is split between security buffers, backstop capital, SKY buybacks, and staking rewards is consistent with the post-Endgame push to make Sky’s expense base more predictable.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

CFTC’s AI will review U.S. crypto registration applications, chairman tells CoinDesk

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CFTC’s AI will review U.S. crypto registration applications, chairman tells CoinDesk

Already noted for embracing digital assets, the U.S. Commodity Futures Trading Commission is also leaning into artificial intelligence to pick up the slack after slashing more than a fifth of its workforce, Chairman Mike Selig said in an interview with CoinDesk.

Selig, who is set to appear at Consensus 2026 in Miami next week, said AI and automation can make up for the personnel cuts under President Donald Trump’s campaign to reduce federal staffing. He said the agency — on its way to become a leading U.S. regulator for the crypto sector — is pushing toward using the technology to review registration applications and even help in market surveillance.

The CFTC registration process currently relies on the manual submission of documents, Selig said, so “we’re building out systems to automate that, to make it much more efficient.” “AI tools can be used to review the applications, flag certain things for the staff, make their jobs easier, make it much faster for them to provide feedback and also reject certain things that aren’t materially complete,” he said. “We can see something come in with blank space or inadequate descriptions or things that are clearly wrong, picked up by AI, and it can reject those or put them at the back of the line.”

Selig said his staff is currently being trained on using Microsoft’s Copilot for the first time, but the agency is also building some “in-house” tools for “reviewing swap data, reviewing for market-surveillance purposes; We have tools now that can help us reach conclusions about certain trades and all of that. So we’re embracing technology.”

The chairman has been at the helm of the U.S. derivatives regulator for four months, and it has leapt into the fray on emerging technologies, including the oversight of both crypto and the prediction markets.

Crypto taxonomy

Even in the absence — so far — of a new crypto law from Congress, one of Selig’s major initiatives has been embracing oversight of the industry. To that end, he said the most important action taken to-date was the joint guidance alongside the Securities and Exchange Commission to set out a “taxonomy” for digital assets — a system of definitions for how each subset of crypto will fit into the range of regulatory jurisdictions.

“That is a massive development that is going to allow market participants, software developers and consumers to engage with crypto systems and crypto assets with confidence that they’re not tripping into the securities laws,” he said, though the interpretive guidance doesn’t yet carry to full force of permanent policy. “Now we have clarity,” he said. “We understand what our responsibility is at the CFTC, and we will be taking action to police fraud, manipulation, insider trading in crypto markets, and we think that’s going to have a huge impact, in addition to the clarity for consumers and users of the asset class.”

Prediction markets

But his prediction-markets foray, involving the businesses such as Kalshi, Polymarket, Crypto.com, Coinbase and Gemini, has been the most immediately contentious. Selig’s unbending stance that the CFTC is the only relevant regulator of these firms has put him at odds with the states who have challenged the companies for running afoul of state gaming laws — especially in the sports betting realm. He’s sued several states, most recently including New York, defending the agency’s “exclusive jurisdiction.”

Late last week, the CFTC joined in a Department of Justice case against a U.S. Army Special Forces soldier who is accused of placing prediction-market bets on the military action in Venezuela that he took part in. Gannon Ken Van Dyke, a master sergeant among the Army’s vaunted green berets, was arrested and charged with using confidential government information and fraud, plus the CFTC’s own complaint against him for insider trading.

“We are on the case and continue to watch for news,” Selig said of his agency’s enforcement stance on prediction markets. “We will be taking action against bad actors in our markets, and we’re taking this very seriously. It’s not lip service, and market participants should be on notice.”

Read More: U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

Bitcoin ETFs End Inflow Streak as BTC Slips Below $77K

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Bitcoin ETFs End Inflow Streak as BTC Slips Below $77K

US-listed spot Bitcoin exchange-traded funds posted their first net outflows in nine sessions as BTC slipped below $77,000 on Monday.

Bitcoin ETFs saw $263 million in net outflows on Monday, marking the first outflows since mid-April, according to SoSoValue data.

The losses came after spot ETFs drew $2.1 billion in inflows since April 13 as BTC rose about 10% over the period, according to CoinGecko.

Daily spot Bitcoin ETF inflows from April 13, 2026. Source: SoSoValue

Alongside Bitcoin’s run, the Crypto Fear & Greed Sentiment Index on Monday moved into “Neutral” territory for the first time in three months, clocking a score of 47. However, the index flipped back to “Fear” on Tuesday as BTC failed to extend its rally above $80,000.

Fidelity’s Bitcoin ETF leads outflows at $150 million

The majority of Monday’s losses came from the Fidelity Wise Origin Bitcoin Fund (FBTC), which saw $150 million in outflows, according to Farside.

The Grayscale Bitcoin Trust ETF (GBTC) and the ARK 21Shares Bitcoin ETF (ARKB) followed with about $47 million and $43 million, respectively.

Daily spot Bitcoin ETF inflows by issuer from April 20, 2026. Source: Farside

BlackRock’s iShares Bitcoin Trust ETF (IBIT) and the Morgan Stanley Bitcoin Trust ETF (MSBT) recorded flat flows after multi-day inflow streaks.

Related: Bitcoin leads $1.2B weekly inflows into crypto investment products

Negative sentiment also extended to spot Ether ETFs, which posted $50.5 million in outflows on Monday. XRP and Solana ETFs recorded zero inflows.

Bitcoin institutional demand outpaces mining supply

Bitcoin’s rally in April came as institutional demand far outpaced mining supply.

Michael Saylor’s Strategy has purchased 56,235 BTC in April so far, while global ETFs added another 34,552 BTC on behalf of their clients over the same period.

This compares with 11,829 BTC estimated to have been mined so far this month, according to HODL15Capital data.

Source: HODL15Capital

CryptoQuant analyst XWIN Japan said Bitcoin’s sharp decline over the past few days was likely not driven by spot supply-demand imbalance, but by a “classic liquidity event” triggered by forced liquidations of leveraged long positions.

In earlier analysis, CryptoQuant said a rejection of the $80,000 level would signal overhead supply at that level, potentially extending the drawdown for both ETF investors and short-term whales.

Magazine: Your guide to surviving this mini-crypto winter

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
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