Wall Street forecasts up to $1.09 trillion in US Treasury bill issuance as long-term borrowing costs hit their highest level since 2007.

Kalshi and Coinbase have filed to offer stock perpetual futures in the US, bringing crypto-style derivatives to traditional equity markets.

The Bank of Japan raised rates to 1.25%, a 31-year high, but the yen fell sharply as dissenting votes cast doubt on future tightening appetite.

France's Macron is convening a G7 summit to coordinate strategic oil reserve releases as Brent crude nears $110 and Middle East conflict deepens.

Bitcoin ETFs Hit $3.8 Billion in Three Weeks US-listed spot Bitcoin ETFs recorded $986.9 million in net inflows in the week ending Friday, bringing the three-week total to $3.8 billion, according to SoSoValue data. Bitcoin ETF inflows over this stretch represent the strongest sustained period of institutional demand in 2026. Total net assets across the funds reached $101.3 billion on Friday, briefly touching $103.3 billion the day before, while cumulative net inflows since launch climbed to $55.6 billion. The recovery is sharp relative to the heavy outflows that defined much of the year. Year-to-date net flows remain roughly $1 billion negative, meaning the past three weeks have nearly erased months of institutional retreat. Bitcoin traded at $79,716 at the time of publication, up approximately 2.6% over the past seven days according to CoinGecko. Friday's session showed some cooling. Total daily inflows came in at $174.6 million, down from nearly $731 million on Thursday. BlackRock's iShares Bitcoin Trust accounted for $117.4 million of Friday's total, roughly 67% of the day's inflows. Fidelity's FBTC attracted $57.2 million. All other Bitcoin ETFs recorded no net flows for the day. Bitcoin briefly dipped below $79,000 on Friday before recovering, with a surprise nonfarm payrolls print contributing to the volatility. Ether and XRP ETFs Lose Momentum The week's altcoin ETF data told a different story. Spot Ether ETF inflows dropped to $218.4 million from $824.4 million the previous week, a 74% decline. XRP ETF inflows fell 83% to $19 million from $110.5 million. Despite the sharp weekly drop, both remain positive year-to-date. Ether ETFs have recorded approximately $863 million in net inflows for 2026, while XRP ETFs have attracted roughly $515 million, maintaining their status as one of the more consistent performers in the crypto ETF space this year. Bitcoin ETF Inflows Signal a Shift, Not a Certainty Three weeks of strong Bitcoin ETF inflows at $80,000 price levels is an encouraging signal, and I think it deserves to be read carefully rather than celebrated uncritically. What we are seeing is institutional money returning to Bitcoin exposure after months of macro-driven retreat. That is meaningful. The question I keep coming back to is whether the conditions that drove those earlier outflows have actually changed or whether this is a positioning adjustment ahead of anticipated macro relief. The Federal Reserve rate hike debate is still live, oil remains elevated, and Japan's bond yields are at three-decade highs. None of the structural pressures that pushed $8.75 billion out of these funds earlier in 2026 have resolved cleanly. What has changed is Bitcoin's price, which recovered to $80,000, and sentiment, which tends to follow price in this market more than it leads it. The dominance of IBIT and FBTC in Friday's flows, with every other fund flat, tells me the conviction is still concentrated in a small number of institutional access points rather than broadly distributed. That is a foundation, but it is not yet the sustained demand rotation that would signal a genuine structural shift in how institutions are allocating to Bitcoin in 2026.