Key TakeawaysCrypto ETP outflows last week neared $1B amid U.S. regulatory delaysEthereum ETFs lead selling pressure with $555M weekly outflowsU.S. investors drive $990M exits, while Canada and Germany see inflows Crypto ETPs Record First Weekly Outflows in a MonthGlobal crypto exchange-traded products (ETPs) posted $952 million in net outflows last week, according to CoinShares. The pullback ended a four-week inflow streak and marked the sharpest weekly decline in a month.The selling was concentrated in major ETFs tracking Bitcoin and Ethereum. Analysts cited regulatory risk and rising selling pressure from large holders as key drivers. U.S. Clarity Act Delay Hits Market ConfidenceThe primary catalyst was the delayed progress of the Digital Asset Market Clarity Act. The bill is designed to define whether digital assets fall under SEC or CFTC jurisdiction.On Thursday, White House AI and crypto czar David Sacks confirmed the Senate markup will now occur in January 2026. The delay prolonged uncertainty around crypto market structure, dampening bullish momentum. Ethereum Most Exposed to Regulatory RiskEthereum ETFs led weekly outflows with $555 million, reflecting its sensitivity to U.S. legislation. CoinShares Head of Research James Butterfill said Ethereum has the most to gain or lose from clearer asset classification.Despite the setback, Ethereum year-to-date inflows remain strong at $12.7 billion. That figure exceeds its $5.3 billion total for 2024, suggesting long-term institutional interest remains intact. Bitcoin ETFs See Sharp PullbackBitcoin ETFs recorded $460 million in outflows, the second-largest contributor to weekly losses. While Bitcoin still dominates crypto ETF allocations, momentum has cooled.Bitcoin year-to-date inflows stand at $27.2 billion, well below $41.6 billion in 2024. Analysts describe current sentiment as low confidence amid regulatory delays. Regional Flows Highlight U.S.-Led SellingThe United States accounted for $990 million of total outflows, according to CoinShares. This contrasted with $46.2 million in inflows from Canada and $15.6 million from Germany.The divergence suggests global demand remains selective, even as U.S. policy uncertainty weighs on the broader crypto market. Outlook: Regulatory Clarity Remains Key CatalystCoinShares now says it is unlikely 2025 ETP inflows will exceed 2024 levels. Total assets under management stand at $46.7 billion, below $48.7 billion last year.

特斯拉(TSLA.O)股价最新上涨 2.5%，一度逼近 500 美元，创下历史新高，现报 495.65 美元。（金十）

According to Odaily, Tether CEO Paolo Ardoino shared a post on the X platform about the upcoming launch of USAT, stating, 'USAT will be a value transfer.' Tether plans to introduce the USAT stablecoin in December, targeting the U.S. market. This initiative aims to comply with federal regulations outlined in the GENIUS Act. The token will be issued by Tether America, a joint venture between Tether and Anchorage Digital, a regulated U.S. crypto bank.

According to PANews, a recent incident monitored by Scam Sniffer revealed that a victim lost $81,132 after mistakenly copying an incorrect address from a contaminated transaction record. This highlights the ongoing risks associated with digital transactions and the importance of verifying addresses before transferring funds.

Strategy has paused its streak of bitcoin purchases, instead adding $748 million to its USD reserve, bringing the fund to $2. 19 billion source: https://www.theblock.co/post/383469/strategy-add-cash-dividen-reserve-christmas?utm_source=rss&utm_medium=rss

XRP just became the only big winner in CoinShares' flows this week, with $62. 9 million in, up 34% from last week, while crypto funds bled $952 million amid Clarity Act delays. source: https://u.today/xrp-gets-the-money-weekly-inflows-jump-34-while-us-investors-pull-back

Following a breakout year where COTI emerged as a leading privacy infrastructure in Web3, it has released its 2026 roadmap, sharing plans to be at the forefront of what a16z calls crypto’s most important moat: privacy.   The fast, lightweight and cost-effective privacy solution definitely benefited greatly from privacy emerging as the defining trend of the […] source: https://www.cryptopolitan.com/coti-goes-big-on-private-rwas-defi-and-dex-in-2026-plans/

Tether 首席执行官 Paolo Ardoino 在 X 平台转发 USAT 即将推出的推文，并写道：“USAT 将是价值传送 ”。据此前消息，Tether 计划于 12 月推出面向美国市场的稳定币 USAT，以符合 GENIUS Act 规定的联邦法规要求。该代币由 Tether America 发行，该实体为 Tether 与受监管的美国加密银行 Anchorage Digital 的合资企业。

Digital asset investment products have posted their first weekly outflows in four weeks, with investors pulling $952 million, according to the latest CoinShares report. The shift marks a clear change in sentiment after weeks of stabilization and highlights how regulatory uncertainty is once again driving positioning across crypto markets. source: https://www.ethnews.com/crypto-fund-flows-turn-negative-again-what-coinshares-data-says/

Time is running out for investors looking to optimize their strategies through crypto tax loss harvesting, as the deadline approaches for capitalizing on potential tax benefits associated with reporting losses in cryptocurrency investments. source: https://www.coindesk.com/opinion/2025/12/22/the-clock-is-ticking-for-crypto-tax-loss-harvesting

钱包是区块链行业中难得的刚需产品，也是除公链外率先突破千万用户的入口级应用。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的MEME、DeFi、DAO、NFT和元宇宙行业新闻。

美国金融体系是否真的开始把区块链当作“内部工具”，有一个信号比任何表态都更直接——清算和结算系统是否愿意使用它。

Web3.0商业模式落地不及预期：Web3.0相关基础设施和项目处于发展初期，存在商业模式落地不及预期的风险。

这是一次市场结构的根本性转变，而大多数人还在用旧周期的逻辑看新时代。

今日晚间推荐阅读：1.回望2025：年内加密攻击大盘点 附朝鲜黑客年内“光辉战绩”；2.Coinbase：2026年加密市场展望；3.比特币2026年展望：从数据指标到三大情景预判；

美国商品期货交易委员会（CFTC）的声明不会让芝加哥商品交易所（CME）明天就变成一家成熟的现货加密货币交易所。

香港保险监管机构计划允许保险公司持有加密货币和稳定币，但有严格的资本规定。该提案还为投资当地基础设施项目的保险公司提供了激励措施。

马绍尔群岛已经开始测试一种基于加密货币的全民收入系统，通过一种建立在恒星区块链上的可产生收益的数字代币向公民发放款项。

当我们试图用文明的商业逻辑去解释埃塞俄比亚的铁幕与肯尼亚的深渊时，往往忽略了地表之下更深层、更令人不安的世界。