As of the end of last year, Abu Dhabi funds held over $1 billion in the BlackRock Bitcoin ETF.

U.S. stocks open, Dow Jones down 0.31%, Walmart up 1.33%

ChainCatcher Message, according to Gate Market Data, at the opening of the U.S. stock market, the Dow Jones Industrial Average fell 0.31%, the S&P 500 Index declined 0.37%, and the Nasdaq Composite Index dropped 0.53%. Walmart (WMT.N) rose 1.33% after releasing its earnings report. DoorDash (DASH.N) increased by 6%, with the company's revenue for the last quarter growing 37.7% to $3.96 billion. The Nasdaq China Golden Dragon Index fell 0.43%.

Prices of various traditional financial assets are rebounding, and volatility indices are rising across the board.

According to the latest data, the prices of gold and silver have risen to $4,977.5 per ounce and $78.46 per ounce, respectively, with increases of 0.90% and 2.51%. Oil prices have also increased, with WTI crude oil at $66.27 per barrel and Brent crude oil at $71.72 per barrel.

Traditional Finance Alert: VIX Has Risen Over 3%

Gate News bot message: According to the latest Gate TradFi data, VIX has risen by 3% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

U.S. Spot Bitcoin and Ethereum ETFs Post Outflows, Solana ETFs See Inflows

U.S.-based Bitcoin and Ethereum ETFs experienced significant outflows totaling $175.1 million, primarily driven by BlackRock funds. In contrast, Solana ETFs saw small inflows, while XRP ETFs continued to see withdrawals.

The United States will experience a historic tax refund wave! Bank of America: Expected to boost the stock market and cryptocurrency market

Wells Fargo predicts that the 2026 US tax season will see a tax refund wave of approximately $150 billion, which will rekindle investors' risk appetite and boost the stock market and cryptocurrencies like Bitcoin. Overall refunds are expected to exceed $500 billion, an increase of about 30%. High-income earners will channel their additional savings into the market, and the retail sector will also benefit. However, low-income families may prioritize debt repayment or savings.

Morgan Stanley increased its exposure to Bitmine holdings last quarter

Despite the overall decline in the crypto market, the largest shareholders of Bitmine Immersion Technologies, Morgan Stanley and ARK Investment Management, increased their holdings in Q4 2025, with market values reaching $331 million and $256 million respectively.