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Spot ETF market saw mixed movements this week. Ethereum ETFs recorded $53M in net outflows on Wednesday, while Bitcoin ETFs experienced a steeper decline of $175M during the same period.
On the regulatory front, Spain is moving forward with crypto adoption. The country plans to fully operationalize two major cryptocurrency laws starting in 2026, signaling stronger institutional framework for the digital asset space in Europe.
NFT projects continue expanding into mainstream venues. Pudgy Penguins made an appearance on the Sphere display in Las Vegas, showcasing how Web3 brands are integrating into high-profile physical spaces.
Chain activity data revealed notable shifts in whale behavior. Large investors' inflows to major trading platforms dropped roughly 50% in December compared to previous months, hinting at potential market sentiment changes or strategic repositioning among institutional holders.