Trading

On January 21, Bitcoin ETFs registered net withdrawals exceeding $700 million, while Ethereum funds saw about $287 million in outflows. In contrast, Solana and XRP-linked products posted modest net inflows, signaling rotation toward specific structures like lower fees or staking support rather than a broad exit.

BTC stabilized around $90,000 after sharp swings in the past day, with dominance at 57.4%. Canton (CC) climbed about 10%, while ETH touched $3,000 and XRP neared $2.00. RAIN advanced 13% and MYX 10%, alongside gains in XMR to $510 and HYPE to $22.

On January 22, 2026, Thailand’s securities regulator said it is preparing new rules to channel digital asset demand into regulated products. According to Bangkok Post on Thursday, the SEC’s framework will cover crypto ETFs, futures trading, and tokenized instruments, with guidance noting risk-tolerant investors could allocate around 4 to 5 percent.

On January 21, 2026, Evernorth said it will raise over $1 billion to build a large institutional XRP treasury in partnership with t54 Labs, using AI agents on XRPL. The plan includes institutional lending, liquidity provisioning and DeFi yields, while XRP traded at $1.95, up 2.94% in 24 hours with $4.24 billion volume.

Nomura's subsidiary Laser Digital has introduced the Bitcoin Diversified Yield Fund SP, a natively tokenised Cayman-domiciled Bitcoin yield vehicle targeting institutional and eligible accredited investors. The strategy combines long-only BTC exposure with market-neutral arbitrage, lending and options to pursue more than 5% net outperformance over Bitcoin across rolling 12‑month periods, while prioritising capital preservation.

On Jan. 21, Glassnode reported that Bitcoin’s onchain structure remains fragile, with BTC trading between the True Market Mean at $81,100 and the short-term holder cost basis at $98,400. The firm cautioned that a dense supply overhang above $100,000 and a Risk Index reading near the High Risk zone could prolong consolidation, while recent spot Bitcoin ETF outflows of $708.7 million suggest continued institutional de-risking.

On Jan. 22, analytics firm Santiment said via X that XRP's social data has entered "Extreme Fear" after about a 19% decline from the Jan. 5 high. The firm argues such bearish crowd sentiment has often preceded rebounds. XRP last traded near $1.9498 following the early-January surge and subsequent pullback.

A speculative comparison of BTC, ETH, and XRP argues that XRP could deliver the highest percentage returns by 2029, while Bitcoin is characterized as the safer reserve allocation and Ethereum as a utility-driven play. The discussion comes alongside Trump's pledge to make the U.S. a crypto hub, as Bitcoin is down 15% since his inauguration and many altcoins fell 70%–90%.

Evernorth plans to expand its XRP holdings beyond 1 billion dollars in gross proceeds and collaborate with t54 Labs to deploy AI-based agentic finance on the XRP Ledger. The firm aims to generate yield via lending, liquidity provision, and DeFi activity, while preparing a Nasdaq listing through a SPAC merger under the ticker XRPN in early 2026. The treasury already holds 473.2 million XRP and is backed by investors including Ripple, SBI, Pantera Capital, Kraken, and GSR.

On January 15, Bitcoin's Fear & Greed Index stood at 61; six days later it plunged to 24, signaling extreme fear, according to Alternative. The indicator, built from market cap dominance, trading volume, volatility, Google Trends, and social media inputs, previously sprinted from 26 to 61 in two days as BTC moved above $97,000. Bitcoin dipped below $88,000 before rebounding to $90,200.