Daily Market Wrap | Dec. 05

Hot Topics

• U.S. spot Bitcoin ETFs saw $195M net outflows on Dec 4, largest in two weeks.
• Digital Asset secures investments from BNY, Nasdaq, iCapital, and S&P Global for its $6T Canton Network enabling tokenized assets.

Market Updates

• 21Shares launches first Sui-based ETF, a 2x leveraged fund (TXXS) approved for Nasdaq trading.
• Coinbase and Chainlink launch CCIP-secured bridge connecting Base and Solana for seamless asset transfers and dapp interactions.