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XRP Ledger Eyes 2035 Quantum Shift After Ripple’s Powerful Security Partnership

By | Edited By Ammar Raza,,

XRP Ledger is taking proactive measures early to guard against future threats to its network created by advances in quantum computing.

Ripple Labs has announced a collaboration with Project Eleven, a quantum security company, that will help prepare the XRP Ledger for a world where quantum computers have gained capabilities that could potentially undermine the current encryption systems used in blockchain technology.

The purpose of the partnership is to conduct an audit of the essential technical infrastructure within the XRP Ledger ecosystem and develop new solutions that will be quantum-resistant in order to ensure the long-term security of the system.

XRP Ledger Starts Full Quantum Security Review

The XRP Ledger ecosystem is conducting a comprehensive audit of its infrastructure in preparation for post-quantum security.

As part of the initiative, Project Eleven has stated that it is conducting a thorough audit of the entire XRP Ledger ecosystem and its components (i.e., validators, wallets, custody systems, and networking layers) in order to ultimately establish a definitive path to implementing post-quantum blockchain security in real-world environments.

XRP Ledger Starts Full Quantum Security Review
Source: Cryptorank

Performance testing, development of production-ready code, and hybrid signature systems that utilize traditional and quantum-resistant cryptographic protections will be incorporated into the partnership.

In addition, the two companies are developing a quantum-secure custody wallet that will be used by both institutional and retail XRPL users.

Also Read: XRP (XRPL) Powers Korea’s Digital Won 2026 Breakthrough

XRPL Could Support Smooth 2035 Migration

According to the XRP Ledger Foundation, one of the significant advantages of the XRP Ledger (XRPL) is its native account-based architecture and its integrated key rotation system. This means users and companies can migrate to quantum-resistant digital signatures with little to no changes to their current wallet addresses.

By retaining the existing r-addresses, companies and users with an already-established presence on the XRPL can experience minimal technical disruption when making this transition.

J. Ayo Akinyele, RippleX engineering lead, stated that the XRP Ledger’s development team is aiming to have a production-ready version of the XRPL in place before quantum threats become a significant concern for blockchain infrastructure.

The development of the XRPL aligns with the broader industry timeline, as the US government has requested that existing encryption protocols be changed by 2035 due to expected quantum attacks.

Also Read: XRP Ledger Wallets Holding 10,000 Tokens Hit Record 332,230 High

XRP Ledger Gains Momentum After XRPLF Update

After its announcement, an account named @XRPLF posted about the XRP Ledger, essentially stating it was “built for the quantum era” and has “key rotation” features that allow users and businesses to seamlessly switch to quantum-resistant signatures while retaining the same wallet addresses they have used in the past to build trust with their customer base.

Project Eleven stated separately that the Ripple collaboration is one of the most extensive blockchain security projects completed by the company to date and that the results from this project will include live codebases, environment validation, and documented production deployment paths.

Also Read: XRP Advances Quantum Security with Ripple & Project Eleven Partnership

SAGA Price Analysis: Falling Wedge Retest Signals Reversal Toward $0.450

By | Edited By Ammar Raza,,

The SAGA price is retesting a previously broken falling wedge on a higher timeframe, a setup often linked to potential trend reversal or continuation. The move is seen as healthy consolidation and a possible re-entry zone if support holds. Derivatives activity is improving, with rising participation and steady trading volume.

At the time of writing, SAGA is trading at $0.02092 with a 24-hour trading volume of $31.05 million and a market capitalization of $8.2 million. Despite the signs of stability over the last 24 hours, the question is whether the token could hold its key support to keep the bullish trend intact.

SAGA current price

Source: CoinMarketCap

Also Read: JASMY Price Prediction: Fractal Setup Hints at a Rally Toward $0.055

SAGA Price Setup Points to Potential Trend Shift

Furthermore, the crypto analyst Jonathan Carter pointed out that the SAGA price is back in the spotlight as it reevaluates a previously failed falling wedge formation on its 3-day chart. 

The reason why traders watch out for this formation is that it is an indicator of either a reversal or continuation of the existing trend. A retracement means that the SAGA price is once again testing an important breakout zone.

This retrace is often considered to be a second chance for entering into a breakout that was missed earlier. Rather than being signs of weakness, such retracements may actually be a good sign of a well-consolidated market. 

It is important to maintain this position since it may determine the direction of the trend for the SAGA price.

SAGA price prediction

Source: Jonathan Carter’s X Post

In case the SAGA price retest remains valid, the traders will be paying attention to the following upside levels: $0.028, $0.036, $0.068, $0.117, $0.190, $0.280, and $0.450. 

Every level indicates a possible zone of resistance, where the SAGA price action may stop for further development. All that depends on consistent volumes and buying

SAGA Derivative Data Points to Improving Outlook

However, the open interest for SAGA increased by 1.76% to reach $16.88 million, indicating an increase in the participation of traders and new positions being taken into consideration. This is a clear indication of positive sentiment in derivatives trading.

SAGA open interest and volume

Source: Coinglass

The volume is stable at $43.30 million, indicating that there is continued trading going on and liquidity in the market is constant. This indicates that the pressure from both buying and selling is equal.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: DASH Price Accumulation Signals Potential Breakout Above 2021 High

ALGO Price Analysis: Accumulation Zone Points to a Breakout Toward $2.02

By | Edited By Ammar Raza,,

Algorand (ALGO) price remains in long-term accumulation after extended bearish pressure, with price consolidating near key support. RSI and MACD show early recovery signals, while the structure suggests a potential breakout if momentum strengthens. Robinhood listing increases retail access, improving liquidity and overall market participation ahead.

Algorand Price Long-Term Market Structure

Algorand (ALGO) price chart shows strong historical volatility with explosive cycles in 2020 and 2021, followed by a prolonged bearish correction.

After peak expansion, price entered a multi-year downtrend and deep accumulation zone, forming a long base structure across the 2023 to 2025 period.

Currently, the ALGO price is trading near $0.1136, showing extended consolidation at long-term support after a sharp decline.

Weekly structure indicates low volatility and weakening momentum, suggesting an accumulation phase building before a potential breakout attempt if volume returns and broader market sentiment improves gradually over the time horizon.

ALGO price prediction chart
Source: @Crypt00catalyts

The projection scenario on the chart highlights long-term bullish expansion potential with a target at $2.0228, representing 1,577 percent upside from current levels, accroding tot he cryptoo anysalt Crypto Catalysts.

This move requires a confirmed breakout above resistance zones and sustained macro crypto recovery to validate the continuation of the bullish cycle long-term outlook.

RSI MACD Signal Early Momentum Shift

Weekly indicator momentum in ALGO appears mixed, according to RSI levels at 47.44, which is well below 50, while its signal line stands at 39.62.

The current market price is recovering from the oversold level, indicating bullish movement, but since it stays below the overbought level, the asset may be consolidating before a breakout.

ALGO tradingview chart
Source: TradingView

There are signs of the formation of a bullish crossover by the MACD indicator in the weekly chart as the histogram moves towards the positive territory again.

The MACD line is currently at 0.00645, which is higher than its signal line, -0.01111, but the histogram remains at -0.01755. This indicates diminishing bearish force with the potential for reversal.

Robinhood Listing Expands US Trading Access

Despite the price action, ALGO is available to Robinhood traders in the US, expanding the reach considerably for places where the coin can be traded.

ALGO can be bought and sold on the Robinhood crypto platform, now available even in New York. The inclusion expands the reach of Algorand in America in retail circles that trade using the Robinhood platform.

It helps improve liquidity as more traders gain access to the cryptocurrency through the trading platform. Increased retail interest should drive up the price momentum of ALGO.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: ALGO Price Prediction: Consolidation Phase Hints at Potential Rally to $0.15

Circle CCTP Launch on Stellar Boosts Cross-Chain USDC Transfers

By | Edited By Ammar Raza,,

Circle has launched Circle CCTP on the Stellar network, enabling seamless native USDC transfers across 23 supported blockchains. The integration improves interoperability, strengthens liquidity access, removes reliance on wrapped assets, and allows developers to build programmable cross-chain payment and DeFi applications directly on Stellar.

Circle CCTP Expands Stellar Connectivity

Circle has officially launched its Cross-Chain Transfer Protocol on the Stellar network, marking a major step for USDC interoperability.

The integration allows users to move natively issued USDC between Stellar and 23 supported blockchains through seamless cross-chain transfers.

The launch of Circle CCTP improves connectivity between Stellar and major blockchain ecosystems, including Ethereum, Solana, and Base.

Circle CCTP launches on Stellar
Source: @StellarOrg

Wallets, applications, and payment services using USDC can now interact more efficiently with Stellar’s ecosystem.

The upgrade also removes several long-standing barriers to cross-chain liquidity movement. Previously, users often depended on third-party bridges or Circle Mint accounts to transfer liquidity across networks.

Circle CCTP changes this process by enabling direct movement of native USDC across supported chains.

Also Read: XRP Breakout Prediction: Is a $15 Run Really Coming?

Native USDC Transfers Improve Liquidity

Circle CCTP introduces a burn-and-mint mechanism that removes the need for wrapped USDC assets. Instead of locking tokens in custodial bridges, native USDC is burned on the source chain and minted on the destination chain.

This process improves transaction security and lowers risks linked to bridge vulnerabilities. The protocol also supports faster settlement times for cross-chain transactions.

Businesses and users can move liquidity between ecosystems within seconds, helping exchanges and decentralized finance platforms operate more efficiently.

Unified liquidity on supported chains might result in increased market participation by trading platforms and lending protocols.

DeXes will have more options when it comes to price, while CEXs will be able to optimize liquidity pools without having to deal with any significant delays. This integration furthers the payment-forward architecture of Stellar.

The network is capable of handling cheap and quick transactions, and with the activation of the Circle CCTP, other blockchains will be able to join the Stellar global payment rails, which include over 475,000 locations of MoneyGram.

Developers Gain Cross-Chain Flexibility

The new protocol introduces additional programmable features for developers working with Stellar. Developers can incorporate cross-chain USDC swaps directly into their applications without having to develop their own liquidity pools for different blockchains.

With Circle CCTP, developers can create programmable cross-chain transactions through embedded metadata and execution using Hooks.

It opens up opportunities for creating payment services, DeFi apps, and liquidity management services. Stellar enters the growing USDC multichain ecosystem.

Through combining Stellar’s payment infrastructure with Circle’s interoperable platform, the blockchain increases its liquidity exposure and strengthens its connections with wallets, exchanges, and dApps on multiple chains.

Also Read: Bitcoin Mining Crisis Deepens as Canaan Posts $88.7 Million Loss in Q1 2026

Hyperliquid Weekly Fees Hit $11M Amid Perps Growth

By | Edited By Ammar Raza,,

Hyperliquid has emerged as one of the fastest-growing decentralized trading platforms in the crypto market, with weekly protocol fees reportedly reaching around $11 million.

Recent on-chain data shared by market analysts showed the platform capturing nearly 43% of all blockchain fee revenue, highlighting the growing role of perpetual futures trading in decentralized finance. The figures also reflect how traders are increasingly shifting toward decentralized derivatives platforms.

Hyperliquid Expands Share of On-Chain Fee Revenue

Recently obtained information from DeFi analytical websites suggested that Hyperliquid was responsible for generating most of the blockchain fees in the last few weeks. The success of the network is believed to be associated mostly with the growing interest in perpetual futures markets, referred to as perps, where one can trade crypto coins without actually owning them.

Hyperliquid expands share of on-chain fee revenue
Source: DefiLlama

As per reports, Hyperliquid earned weekly fees amounting to $11 million, putting it above a number of large blockchain networks in terms of revenue creation. It was observed that there was a fast-paced growth in fee incomes as the trade volume rose among cryptocurrencies. This was because the market share of the platform grew amid times of volatility.

Also Read: Hyperliquid Whale Gains $12.9M After 6-Month HYPE Long

Perpetual Futures Continue Driving Trading Activity

Perpetual futures have become one of the most active sectors within the crypto industry over the past few years. Traders often prefer perps because they offer leverage and continuous trading without expiry dates. Hyperliquid has focused heavily on this market segment, helping it attract both retail and professional traders.

The rise in fee generation indicates that more traders are opting for decentralized platforms rather than central exchanges when it comes to derivatives trading. This is because some market experts consider that increased demand for self-custody and transparent on-chain trading mechanisms are behind this trend. However, there could be other reasons such as faster transactions and reduced costs.

Competition Among DeFi Trading Platforms Intensifies

Hyperliquid is now emerging in a time when there is a lot of competition in decentralized exchanges. The Ethereum ecosystem, the Solana ecosystem, the TRON ecosystem, and the BNB chain ecosystems still control many areas in decentralized finance, but derivatives trading has turned out to be one of the most competitive areas. Hyperliquid has been performing well, especially in generating fees.

Industry data also showed that many traditional DeFi activities, including lending and spot token swaps, generated lower fee volumes compared to perpetual futures trading. This shift indicates that speculative trading activity remains a major source of blockchain revenue. Analysts believe derivatives platforms may continue gaining importance if market volatility remains elevated.

At the same time, competition could intensify as rival platforms introduce new trading products and incentive programs. Several decentralized exchanges are already expanding leverage options and liquidity features to attract active traders. As a result, maintaining long-term market dominance may require continuous innovation and strong liquidity conditions.

Also Read: Hyperliquid (HYPE) Price Eyes $100 Target Amid Strong Bullish Momentum

MAS Tightens Singapore Crypto Rules Following BSQ Licensing Revocation

By | Edited By Ammar Raza,,

MAS revoked BSQ’s license over serious regulatory breaches in the Singapore crypto sector, including weak risk controls, governance issues, outsourcing failures, and misleading statements. The firm is banned from offering digital payment token services while authorities review senior accountability and strengthen oversight across Singapore crypto markets.

Singapore Crypto License Revocation Against BSQ

Singapore’s central bank has revoked the major payment institution license of Bsquared Technology Pte Ltd, also known as BSQ. The decision followed findings of serious regulatory breaches uncovered during supervision.

MAS identified significant gaps in risk management systems within the firm. It also found weaknesses in conflict-of-interest controls. Outsourcing compliance failures further raised concern among regulators.

The authority stated that the company had provided false or misleading information on multiple occasions while licensed.

Singapore crypto regulator revokes BSQ license over breaches.
Source: .mas.gov.sg

MAS emphasized that such conduct undermines trust in the financial ecosystem. The regulator is also reviewing the responsibilities of key officers involved in the firm’s operations.

BSQ is no longer permitted to offer digital payment token services in Singapore following the revocation. Going forward, market confidence remains fragile.

Also Read: Singapore Regulator Warns of AI Risk in 2026, Urges Banks to Boost Cyber Defences

Compliance Failures Trigger Regulatory Action

MAS highlighted several compliance failures that led to the revocation within the Singapore crypto industry framework. The firm was found to have significant weaknesses in outsourcing arrangements that failed regulatory expectations.

Risk management systems were not strong enough to support safe operations in the Singapore crypto environment. Internal governance structures lacked proper oversight and control mechanisms.

MAS also noted repeated inaccuracies in statements submitted by BSQ during its licensed period. Taken collectively, these issues were eating into confidence in Singapore’s crypto regulation.

The body pointed out that compliance was mandatory for all payment service providers that function in the crypto market within Singapore. The body further added that enforcement would continue when there were significant violations of rules.

MAS is still investigating the accountability of high-ranking individuals involved in the failure of governance in Singapore’s crypto compliance framework.

Singapore Crypto Regulatory Tightening and Market Impact

However, as MAS has intensified its surveillance activities in relation to crypto players, the regulatory environment is becoming more stringent regarding the crypto industry in Singapore.

As it remains a crypto hub, the city is operating under strict conditions, and MAS continues to increase the compliance standards of licensed participants in order to decrease risks associated with the crypto market of Singapore.

License revocations of BSQ are part of an effort by MAS to deal with crypto operators failing to meet compliance standards.

In particular, the authority emphasizes that such revocations are not common practice; however, in case when a firm is unable to meet certain requirements, license revocation is crucial.

The authority conducts regular reviews of licensed organizations to ensure good governance and proper risk management.

Participants in the cryptocurrency business have to maintain a certain level of transparency and responsibility.

Also Read: Singapore Police Crypto Scam Prevention Blocks $2.86M Losses

Zcash Price Eyes 8% Surge After Strong 74% Rally

By | Edited By Sahana Kiran,,

The latest Zcash price rally is turning heads again. The privacy-focused cryptocurrency has surged hard over the past month, and traders are watching closely to see if the momentum can continue. ZEC is currently trading at $561.38 after climbing 5.72% in the last 24 hours. That move pushed it ahead of the broader crypto market, which gained 5.11% during the same period.

ZEC also beat Bitcoin on the day, posting a 6.16% gain against the world’s largest cryptocurrency. Analysts now expect the token to rise another 8.11% over the next five days. If that target is reached, the Zcash price could touch $611.78 by May 23, 2026.

Source: CoinCodex

Also Read: Zcash Price Analysis Shows 70% Rally Strength and Next Move Levels

Zcash Price Shows Strong Monthly Momentum

The recent trend has been hard to ignore. Over the last 30 days, ZEC has surged 74.13%. The gains become even larger on a wider timeframe. In the last three months, the coin has climbed 95.07%. Over the past year, Zcash has exploded by 1,248.25%.

Source: CoinCodex

One year ago, ZEC traded at just $41.64. That sharp rise shows how quickly sentiment around the token has changed.

Even so, Zcash still remains far below its all-time high of $5,941.80 reached in October 2016. The current market cycle high stands at $736.68, while the cycle low sits at $16.04.

Volatility remains elevated. Zcash recorded a monthly volatility reading of 23.68, while posting 18 green days in the last 30 sessions.

Zcash Price Faces Key Resistance Levels

Technical indicators currently support the bullish outlook. Thirty indicators are signaling bullish momentum, while only one points toward bearish conditions. That leaves overall sentiment strongly positive.

Key resistance levels now sit at $558.79, $583.63, and $614.29. On the downside, support levels are positioned at $503.29, $472.63, and $447.79.

Source: CoinCodex

The Relative Strength Index currently stands at 60.24, suggesting ZEC is neither overbought nor oversold. However, the coin still trades below both its 50-day and 200-day simple moving averages, which remains a warning sign for traders.

Source: CoinCodex

The broader crypto market is also showing caution. The Fear & Greed Index currently reads 28, signaling fear among investors. Still, analysts believe that if momentum holds, the Zcash price may continue climbing in the days ahead.

Also Read: Zcash Price Breaks Above $513 as Bullish Structure Signals Continued Upside

USDT Gains $5B While Strong Rivals Lose $4.2B

By | Edited By Sahana Kiran,,

The stablecoin market just crossed a major line. Total supply moved above $300 billion. On paper, that looks strong. But USDT gains tell a different story beneath the surface.

The growth came almost entirely from Tether’s USDT. Over the last month, Tether added more than $5 billion in supply. At the same time, USDC, USDe, and PYUSD together lost roughly $4.2 billion. That left the broader stablecoin market with net growth of just $900 million, or 0.3%.

Every new dollar entering the market appears to be flowing into USDT while competing stablecoins shrink. The market is not growing evenly. It is consolidating around one dominant player.

Also Read: Tether Freeze Hits $514M USDT Across Tron and Ethereum in 30 Days

USDT Gains Show Market Consolidation

The latest numbers make one thing clear. USDT gains are coming at the expense of rivals. USDe has been one of the biggest losers. Ethena’s synthetic dollar dropped 28% over the last month and nearly 34% since the start of the year. The decline has been steady since October 2025.

The reason is structural. USDe depends on positive perpetual futures funding to support its yield. That model weakened after the Oct. 10 deleveraging event compressed crypto perpetual funding rates. Without strong yields, users moved elsewhere.

Source: X

Sky’s USDS has benefited from that shift. Its supply has climbed nearly 49% this year. World Liberty Financial’s USD1 also posted strong growth, rising more than 33%.

PYUSD struggled as well. Its supply fell 13% over the last month. The project’s institutional distribution strategy has not translated into meaningful demand growth.

USDT Gains Leave Rivals Searching for Answers

The rise of Tether also highlights the weakness of newer entrants. Bank-issued and GENIUS Act-compliant stablecoins were expected to compete aggressively with USDT. So far, that has not happened.

The challenge is simple. Any stablecoin trying to take market share from Tether must offer something better. That could mean higher yields, wider distribution, or regulatory advantages. Right now, none of the second-tier stablecoins have shown they can do that.

For now, USDT remains the center of the stablecoin economy. And as long as rivals fail to offer a stronger alternative, USDT gains may continue to define the market.

Also Read: Tether Takes Strong Action, Freezes $344 Million USDT With U.S. Authorities

XRP Ledger Advances Quantum Security with Ripple & Project Eleven Partnership

By | Edited By Messam Raza,,

The XRP Ledger Foundation says the XRP Ledger is structurally prepared for the Quantum Era. It cited built-in key rotation and an account-based design as core features that could support a future move toward quantum-resistant signatures for users and businesses.

In a post on X, the foundation said users may keep the same XRP wallet addresses during that shift. These addresses, known as r-addresses, are already familiar to customers, exchanges, custodians, and payment firms.

Also Read: Ripple Prime Secures $200 Million From Neuberger to Expand Margin Trading

Ripple, Project Eleven Target Post-Quantum Security

The update came after a new partnership between Ripple and Project Eleven. The collaboration is to enhance the post-quantum readiness of the XRP Ledger ecosystem via audits, testing, and engineering.

Project Eleven said that the initiative is to bring blockchain quantum security out of theory. It stated that the work was a practical move towards real deployment for post-quantum protection.

The firm cautioned that advanced quantum computers could soon pose a risk to cryptography relied on by major blockchains. It included Bitcoin, Ethereum, XRP, and Solana in the list of networks that may require additional measures in the future.

Source: Project Eleven

Global timelines have placed pressure on the discussion. Project Eleven stated the U.S. government has pledged to move away from the weak encryption standards by 2035.

A number of large tech companies have also begun their transitions. The company says that Google and Cloudflare aim to make the transition to quantum-safe systems by 2029.

The majority of blockchain discussion about quantum risk is still academic, said Project Eleven CEO Alex Pruden. The issue is just a problem that Ripple is approaching as an engineering one, which requires working systems, he said.

XRP Ledger Builds Path to Quantum-Safe Systems

RippleX Head of Engineering J. Ayo Akinyele said the XRP Ledger is not starting from zero. He pointed to key rotation and coordinated validator upgrades as important foundations.

Validators, custody systems, wallets, and network infrastructure will be audited as per the plan. Project Eleven will evaluate these and provide an identification of potential quantum vulnerabilities throughout the ecosystem.

Hybrid signature development will also be a part of the collaboration. These systems would integrate existing cryptographic techniques with quantum-resistant ones for a more secure transition.

The prototype for a custody wallet that is secure for quantum computers is also included. The work will involve code, performance testing, and a roadmap for production deployment, Project Eleven said.

Project Eleven was established in 2024 and has been working on post-quantum cryptography. In January 2026, Castle Island Ventures led the company’s $20 million round.

It also maintains the Bitcoin Risq List, which lists potentially quantum-vulnerable Bitcoin holdings, and created Quantum Vault, a tool for post-quantum wallet security.

Project Eleven also created Quantum Vault as a model to secure wallets with post-quantum technology. According to the company, the Ripple partnership is the largest blockchain security deal.

Also Read: Zerohash Fund Seeks New Valuation Above $1.5 Billion After Mastercard Exit

Trump-linked Truth Social Pulls Spot Bitcoin ETF Filing From SEC Review

By | Edited By Sahana Kiran,,

Truth Social has withdrawn its proposed spot Bitcoin ETF filing, signaling a shift in strategy as competition intensifies across the United States crypto ETF market. Increasing pressure from lower-cost institutional products entering the rapidly evolving Bitcoin investment sector.

The withdrawal follows the launch of Morgan Stanley’s MSBT product, which introduced a management fee of 0.14%. Bloomberg ETF analyst James Seyffart reported the withdrawal, and issuers are using aggressive pricing strategies to compete and win over the Bitcoin ETF market share. Pricing is becoming more and more relevant due to waning demand from investors for crypto-related investment products in 2026.

Bitcoin ETF filing
Source: James Seyffart’s X Post 



Also Read | NVIDIA Price Signals Potential Rebound After TD Sequential Buy Trigger Near $230 Zone

Yorkville America Revises Crypto Investment Structure

Yorkville America also withdrew filings relating to the Truth Social Bitcoin & Ethereum ETF and the Truth Social Crypto Blue Chip ETF. The company stated that it prefers the Investment Company Act of 1940 framework, describing it as better suited for developing diversified and rules-based digital asset investment strategies aimed at long-term institutional participation.

The Yorkville America-managed investment products are associated with Trump Media & Technology Group, which is the parent company of Truth Social. While the firm did not confirm future crypto ETF plans under the ’40 Act structure, analysts believe the change reflects broader efforts to adapt products to evolving regulatory and competitive market conditions in the United States investment industry.

The ETF filing withdrawals are taking place in the context of increased political pressure on President Donald Trump regarding his connections with cryptocurrency-related business ventures. Members of the Democratic Party have raised concerns about the possibility of conflicts of interest arising from Trump’s financial investments in digital assets, especially World Liberty Financial, as president since January 2025.

Bitcoin ETF Demand Weakens Across Market

Crypto ETF demand has significantly slowed during 2026 as institutional investors reduce exposure amid broader digital asset market volatility. The US spot Bitcoin ETFs have experienced net inflows of approximately $790 million in the year, sharply down from $25 billion in 2025, with most of the inflows coming from the BlackRock IBIT product.

The waning sentiment was further demonstrated through recent data showing net outflows. U.S.-listed Bitcoin ETFs experienced a total net outflow of $648.6 million on May 18. BlackRock’s IBIT was leading in net outflows with $448.4 million, followed by other competing funds such as Fidelity FBTC, ARKB, and Bitwise BITB.

Meanwhile, Bitcoin is trading at $76,813, with a 24-hour volume of $27.64 billion and a market capitalization of $1.54 trillion, holding 60.44% market dominance. The price has recorded a decline over the past 24 hours.

Bitcoin price chart
Source: CoinGecko

Also Read | TIA Price Prediction: Can Bulls Push the Rally to $3.90 After Recovery Signs?