Monthly inflows into digital asset treasury companies have fallen to roughly $555 million, the lowest level recorded since October 2024. Bitcoin has led these treasury allocations in most months, with August and September 2025 as exceptions, while overall inflows have struggled to recover after the post‑election surge.

Electronic trading firm Tradeweb has led a $31 million Series B round in institutional crypto platform Crossover Markets, giving the CROSSx operator a $200 million valuation. The deal includes a strategic partnership to connect Tradeweb's global institutional network to spot crypto liquidity on CROSSx and will fund the expansion of the ECN, which has handled over $50 billion in volume since 2023. Additional venture funding has recently gone to infrastructure firms Talos, Mesh, Rain and VelaFi as investors target trading, payments and settlement services for digital assets.

On Wednesday, Bitcoin’s price rebounded above $74,000, with $683.3 million flowing into U.S. spot BTC ETFs this week, suggesting a potential short-term bottom. Analysts are assessing whether this move, alongside recoveries in key altcoins such as ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE and LINK, can extend further. Technical charts highlight critical resistance and support zones that could determine if this bounce evolves into a broader trend reversal.

On March 4, Kraken said its Wyoming-chartered bank, Kraken Financial, obtained a Federal Reserve master account with Tier 3 status and an initial one-year, limited-purpose term. The approval lets the firm settle US dollar payments directly on Fed rails, positioning it as a live test of the Fed’s emerging payments-only access framework that could reshape how regulated crypto institutions connect to core US payment services.

Patrick Witt, who leads the President's Council of Advisors for Digital Assets, disputed Jamie Dimon's argument that paying yield on stablecoins should automatically trigger full bank-style regulation, while Donald Trump publicly backed the pro-yield GENIUS Act and urged swift passage of the Clarity Act. Kraken's banking unit obtained a Federal Reserve master account, K33 described bitcoin as deeply oversold despite recent losses, and a Bitcoin Policy Institute study found AI models favor bitcoin for long-term value and stablecoins for payments.

On 4 March 2026, South Korea's Financial Services Commission proposed capping individual and corporate ownership in major crypto exchanges at 15–20%, with limited exemptions up to 34%. Large shareholders at platforms such as Upbit, Bithumb, and Coinone could be required to divest significant stakes over three to six years, while industry groups argue the plan violates property rights and may push businesses abroad. The initiative is part of the Digital Asset Basic Act (Phase 2), which will be reviewed by parliament in early 2026.

U.S. banking trade associations have criticized the Federal Reserve's decision to grant Kraken Financial a limited-purpose master account, arguing it could expose the payment system to risk without traditional bank-level safeguards. The approval has intensified calls for the Fed to finalize and clarify its framework for so-called "skinny" accounts for nontraditional financial institutions. Some crypto industry participants view the move as a significant step toward enabling payment-focused firms that do not rely on conventional deposit-lending models.

On March 4, 2026, the Federal Reserve Bank of Kansas City approved a limited master account for Kraken Financial, giving the crypto-focused bank unit direct access to core payment rails like Fedwire. Kraken can now move U.S. dollars without an intermediary, though it will not receive full bank privileges such as interest on reserves or access to the discount window.