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Bitcoin ETFs have now logged nine consecutive days of outflows, shedding two point eight billion dollars in what marks a record-breaking streak. Whale accumulation is also cooling, painting a picture of an asset class where enthusiasm, at least for now, is running well below its recent highs.
Shifting to artificial intelligence, Anthropic is drawing attention on two fronts. Analyst Dan Ives is calling the company's growth just the tip of the sphere for the broader AI rally, suggesting the market hasn't fully priced in what's coming. Meanwhile, the European Commission is dispatching representatives to San Francisco to discuss access to Anthropic's Mythos model, a sign that governments are increasingly eager to get a seat at the table before the technology outpaces policy.
And in a story that sits at the intersection of finance and infrastructure, Paxos has won SEC approval to clear United States stocks on a blockchain. That puts the firm alongside legacy clearinghouses like the DTCC, and raises a genuine question about whether traditional settlement systems, some of which haven't changed meaningfully in decades, are finally facing real competition.
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