Global Markets

Revolut's stablecoin volume on Polygon exceeds $1.2 billion, reflecting rapid adoption of blockchain for everyday payments. With low fees and quick transactions, stablecoins are revolutionizing finance. Revolut's expansion plans may enhance its status as a major fintech player.

Recently, after experiencing a net inflow for seven consecutive trading days, the U.S. Bitcoin spot ETF saw a significant outflow, with a net outflow of $163.5 million on the 18th and another outflow of $51.9 million on the 19th, indicating a simultaneous weakening of market capital and prices. Bitcoin's price briefly fell below $70,000, highlighting that the fund flows of the ETF can no longer support its rebound, and the deteriorating macro environment is putting pressure on risk assets, causing a noticeable contraction in investor preference. The testing of the $70,000 threshold has become a barometer for short-term market sentiment.

Digital asset ETPs saw a peak of over $250B, ending 2025 with $184B AUM, mainly driven by Bitcoin products. The market is evolving, with over 125 new filings indicating a trend toward diversified asset offerings.

JPMorgan's report points out that during the ongoing war in Iran, Bitcoin has shown demand similar to that of safe-haven assets, with stable capital flows, in contrast to the trend of gold, which is historically experiencing consecutive declines. This demonstrates Bitcoin's resilience in geopolitical crises, prompting a market reassessment. JPMorgan's analysts believe that Bitcoin has exhibited its potential as digital gold, but uncertainty remains for the future.

JPMorgan pointed out that in the Middle East conflict, Bitcoin has shown strong resilience against declines, with significant inflows and active trading, while gold and silver are facing capital outflows. Under pressure from high interest rates and a strong dollar, gold prices have fallen by about 15%. With its borderless characteristics, Bitcoin has become a safe-haven choice, and institutional investors are also adjusting their positions, indicating a decrease in gold liquidity while Bitcoin liquidity is increasing.

Gate News Report, March 28 - According to monitoring by Farside, yesterday (March 27), the U.S. spot Bitcoin ETF saw a net outflow of $225.5 million, marking two consecutive trading days of net outflows. Yesterday, the U.S. spot Ethereum ETF had a net outflow of $48.5 million, resulting in eight consecutive trading days of net outflows.

BlockBeats news, on March 28, according to Farside monitoring, yesterday the U.S. spot Ethereum ETF had a net outflow of 48.5 million dollars, marking eight consecutive trading days of net outflows.

BlockBeats news, on March 28, according to Farside monitoring, yesterday the U.S. spot Bitcoin ETF experienced a net outflow of $225.5 million, marking two consecutive trading days of net outflows.

ARK Invest's recent sale of shares in Meta, Nvidia, and its Bitcoin ETF marks a defensive shift amid rising geopolitical tensions and market volatility, aiming to lower risk and maintain liquidity, rather than abandoning its long-term growth strategies.

Gate News reports that on March 28, according to Bloomberg ETF analyst James Seyffart, between October 2025 and the end of February 2026, Bitcoin ETFs recorded about $9 billion in outflows, of which approximately $3 billion has been recovered. Although the overall net outflow since the "1011 crash" still exceeds $6 billion, looking at the performance this year, the inflows and outflows of Bitcoin ETFs have nearly balanced out, indicating a certain recovery in market sentiment.

The US-Israeli coalition conducted airstrikes on Iran's nuclear facilities and steel mills, prompting Iran to retaliate against multiple countries, causing damage in places like Kuwait, Doha, and Tel Aviv. Financial markets were shaken, with Brent crude oil prices surpassing $106. Trump announced that the US has multiple strike targets and is considering increasing troop levels in the Middle East to respond to the situation.

As of March 27, the SOL spot ETF had a net outflow of $7.8369 million for the day, mainly caused by the Bitwise Solana Staking ETF, with a total net asset value of $810 million and historical net inflows reaching $986 million.

Google plans to provide over $5 billion in funding for the data center project for Nexus Data Centers in Texas, which will be leased to Anthropic. It is expected to deliver approximately 500 megawatts of computing power by the end of 2026 and will rely on natural gas to reduce dependence on the public grid.

South Korea’s banking industry is actively strengthening cooperation with cryptocurrency exchanges to deal with constrained loan growth and to seek new profit opportunities. Several banks have established partnerships with exchanges, despite historical incidents involving mistaken Bitcoin airdrops. Regulators plan to expand their regulatory authority, which could intensify competition among banks.

Morgan Stanley plans to launch a spot Bitcoin ETF with a fee of 0.14%. If approved, it will become the lowest fee Bitcoin ETF in the market. Currently, most Bitcoin ETFs in the market have fees ranging from 15 to 25 basis points.

Morgan Stanley plans to offer a spot bitcoin ETF at 14 basis points, undercutting competitors and potentially igniting fee competition in the market. This strategic pricing aims to attract investments by leveraging its vast wealth management network.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 9% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Bitcoin's price has declined below $66,000 amid geopolitical tensions and poor U.S. market performance, leading to significant losses in the crypto market. Investor sentiment is dampened as recession fears grow.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News: According to the latest Gate TradFi data, VIX (VIX) has surged by 7.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.