According to ChainCatcher news, data from CoinShares' latest weekly report shows that digital asset investment products saw inflows for the fifth consecutive week, totaling $1.3 billion, bringing the year-to-date inflow to $7.3 billion. Recent price declines have caused the total assets under management of ETPs to drop from a record high of $181 billion at the end of January to $163 billion. This week, trading volume stabilized at $20 billion.By region, inflows in the U.S. amounted to $1 billion, although buying on dips is quite common. Most other regions also experienced inflows, with the most notable being Germany, Switzerland, and Canada, which saw inflows of $61 million, $54 million, and $37 million, respectively.Bitcoin inflows totaled $407 million, and global ETPs currently account for 7.1% of the current market capitalization, making it the largest holder relative to any other entity. This week, Ethereum became the focus, with its price recently dropping to nearly $2,100, triggering significant buying on dips, leading to inflows of $793 million, surpassing Bitcoin for the first time this year.

ChainCatcher news, according to Cointelegraph, currently 27 states in the United States have proposed bills on Bitcoin and digital assets.

ChainCatcher message, Upbit announced that due to the maintenance of the VerifyVASP (VV) server, digital asset transfers involving more than 1 million KRW may be affected from February 12, 2025, 23:00 to 23:30.This maintenance will affect deposit and withdrawal operations that rely on travel rule verification and account holder confirmation services.

ChainCatcher news, according to The Block, Standard Chartered believes that as long as yields remain stable and the economy runs smoothly, the current market environment is very favorable for Bitcoin and the broader digital asset space. Geoff Kendrick, the bank's global head of digital asset research, noted in a report on Friday that the 10-year U.S. Treasury yield has remained below 4.50%, indicating that the bond market does not expect the Federal Reserve to take aggressive tightening measures, which provides strong support for risk assets like Bitcoin.Kendrick stated, "Despite strong U.S. employment data, the 10-year U.S. Treasury yield has consistently failed to break above 4.50%, which is good news for digital assets. With yields not rising and the economy still robust, this 'just right' environment is very conducive to the development of digital assets." He also added that if the 10-year U.S. Treasury yield continues to stay below 4.50% before the weekend, Bitcoin could break through the key resistance level of $102,500.Furthermore, if there are no new negative factors (such as unexpected regulatory actions or macroeconomic shocks), market conditions for digital assets are expected to improve further, and Bitcoin could even break through $108,000 in February, setting a new all-time high.

ChainCatcher news, according to CoinDesk, Maryland Democratic representative Caylin Young has introduced a new bill to promote the establishment of a Bitcoin strategic reserve, similar to the reserve envisioned by U.S. Senator Cynthia Lummis. In Maryland, this reserve will be funded through enforcement revenue from gambling violations. Legislation in Kentucky was also introduced this week, with two bills that will allow state pension funds to invest in digital asset ETFs. These bills will also set barriers to the use of central bank digital currencies (CBDCs).According to The Block, Florida Republican Senator Joe Gruters submitted a bill on Friday proposing to allow the state to invest in Bitcoin and other cryptocurrencies. According to the submitted documents, the senator suggests that Florida's Chief Financial Officer could use public funds "to invest in Bitcoin and other digital assets for specific purposes."

ChainCatcher news, Kentucky Representative TJ Roberts has initiated HB376, proposing to invest 10% of state funds in digital assets (Bitcoin) with a market capitalization over $750 billion. Kentucky is now the 16th state to propose a Bitcoin reserve bill.

ChainCatcher news, Ripple stated on its official website that the global custody services market is expected to grow from $41 billion in 2023 to over $100 billion by 2033.Digital assets are driving this growth, with more than 10% of global assets expected to be tokenized by 2030, including financial instruments such as stocks, bonds, ETFs, as well as physical assets like artworks and carbon credits.

ChainCatcher News, bipartisan members of the U.S. House of Representatives have introduced a resolution supporting blockchain technology and digital assets.On February 5, Dusty Johnson (Republican-South Dakota), Chairman of the House Agriculture Committee's Subcommittee on Commodity Markets, Digital Assets, and Rural Development, along with Ranking Member Don Davis (Democrat-North Carolina), Bryan Steil (Republican-Wisconsin), Chairman of the House Financial Services Committee's Subcommittee on Digital Assets, Financial Technology, and Inclusion, and Ranking Member Ritchie Torres (Democrat-New York) announced the proposal.The resolution highlights the economic potential of digital assets, the necessity for regulatory clarity, and the role of blockchain in enhancing transparency and efficiency. It also warns that without clear regulations, the U.S. risks losing innovation to countries with more defined legal frameworks. Following the resolution's introduction, lawmakers issued statements emphasizing the urgency of regulatory action.

ChainCatcher news, according to Fox reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee announced the witness list for next Tuesday's hearing, titled "The Golden Age of Digital Assets: Charting a Path Forward."Participants:Jonathan Jachym, Vice President and Global Head of Policy and Government Affairs at KrakenJi Kim, President and Acting CEO of the Crypto Innovation CouncilCoy Garrison, Partner at Steptoe LLP and former SEC advisorJose Fernandez da Ponte, Senior Vice President and General Manager of Blockchain, Cryptocurrency, and Digital Currency at PayPal

ChainCatcher news, according to the New York Post, the potential candidates for the Trump administration's digital asset market working group have been revealed. These industry executives include former Kraken General Counsel Marco Santori, Ripple co-founder Brad Garlinghouse, podcast host Frank Chaparro, Circle CEO Jeremy Allaire, Coinbase CEO Brian Armstrong, and Crypto.com CEO Kris Marszalek.This list does not include all individuals; the potential candidates for the advisory committee are selected based on industry experience.

ChainCatcher news, according to Bitcoin Magazine, Iowa State Representative Taylor Collins has proposed a bill to invest public funds in Bitcoin and digital assets.

ChainCatcher news, according to Crowdfund Insider, Galaxy Digital Holdings has announced that it has been included in the list of staking providers integrated with the digital asset custody service provider BitGo Trust Company, Inc. This means that the collaboration will combine Galaxy's blockchain infrastructure, lending, and trading services with BitGo Trust's custody solutions, providing users with digital asset staking services.

ChainCatcher message, U.S. Senator Cynthia Lummis stated on X: "Today, the U.S. Senate Banking Committee found the first concrete evidence of Operation Chokepoint 2.0. Rest assured, the Digital Assets Subcommittee will find the relevant parties and hold them accountable."

ChainCatcher news, according to Solid Intel, David Sacks, the White House AI and cryptocurrency chief appointed by Trump, will hold a press conference on February 4 at 2:30 PM EST (February 5 at 3:30 AM Beijing time), where he is expected to outline the U.S. government's leadership strategy in the digital asset space.

ChainCatcher news, according to CoinShares' latest weekly report, the total inflow of digital asset investment products reached $527 million last week. However, the fund flows during the week reflected fluctuations in investor sentiment, severely impacted by broader market concerns such as the DeepSeek news.Last week, the total inflow for Bitcoin reached $486 million, while short Bitcoin saw inflows for the second consecutive week, totaling $3.7 million. XRP is now the second-best performing altcoin, with a year-to-date inflow of $105 million and an inflow of $15 million last week.

ChainCatcher news, February 3, Bitwise CEO Matt Hougan stated that regulators may approve up to five different digital asset spot ETFs this year. However, to achieve this, he mentioned that the SEC needs to cross the regulatory Rubicon.