Good morning, you're tuned in to Markets Desk.
The Department of Homeland Security has formally banned DeepSeek technology from all federal civilian agency IT systems, marking one of the most direct regulatory strikes yet in the widening artificial intelligence rift between Washington and Beijing. The move signals that scrutiny of Chinese AI platforms is now moving from congressional hearings into enforceable policy.
Shifting to crypto markets, Bitcoin ETFs recorded their strongest single day of inflows since September, pulling in five hundred twenty seven million dollars across the board. BlackRock's IBIT led the charge with six hundred sixty five million dollars in fresh capital, more than enough to absorb outflows from Fidelity and Grayscale. It's a clear sign institutional appetite for Bitcoin exposure remains intact heading into year end.
And in adtech, Apple has broken its silence on its latest privacy crackdown, formally defending its decision to stamp out what the industry calls identity resolution, the practice of stitching together web trackers to build user profiles. The move has rattled advertisers who rely on cross-site targeting and measurement, and Apple's public rationale suggests this is policy, not posture — the crackdown is not reversing course.
That's the tape. Markets Desk, signing off the floor.
