Daily Market BriefFeb 21, 2025

Daily Market Brief 250221

  • $BTC was up 1.7% at $98,310.34, while $ETH was up 0.8% at $2,738.03.

  • Sam Bankman-Fried has conducted his first interview from prison, where he's serving a 25-year sentence. He criticised the Biden administration while flattering Trump, as FTX begins repaying customers at 2022's crypto prices. He maintains that FTX and Alameda were always solvent, citing investments like Anthropic that are now worth several billion dollars.

  • Brazil's Securities and Exchange Commission (CVM) has approved what could be the world's first spot XRP ETF (Hashdex Nasdaq XRP Index Fund, see below), while the Canary Litecoin ETF ($LTCC) has been listed on the DTCC website as part of the standard process for launching a new ETF.

  • During the last 24 hours, the top three gainers were $IP, $KAITO, and $BERA, while the top three losers were $CAKE, $BGB, and $INSURANCE.

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