A research report from Citizens Bank indicates that merger and acquisition activities in the digital asset industry are accelerating, with expectations for further growth. With the passage of the GENIUS Act (Stablecoin Regulations) and the anticipated introduction of the CLARITY Act (Market Structure), the U.S. regulatory environment is shifting from 'hostile' to supportive, driving banks, payment processors, and asset management companies to integrate blockchain infrastructure. The report mentions that Mastercard is in talks to acquire ZeroHash for up to $2 billion, while Coinbase is nearing completion of a similar-scale acquisition of London-based company BVNK. The market capitalization of stablecoins has grown from $250 billion to approximately $315 billion and is expected to surpass $1 trillion in the future. Citizens Bank predicts that by 2030, the tokenized market could generate nearly $100 billion in annual revenue.

[Nordea Bank to Launch Bitcoin ETP Product in December 2025] Nordea Bank AB has announced that it will launch a Bitcoin exchange-traded product (ETP) developed by CoinShares in December 2025. This synthetic ETP is based on Bitcoin as the underlying asset and targets experienced investors seeking alternative asset allocation. Nordea stated that with the maturation of the cryptocurrency regulatory environment in Europe and the growing demand for cryptocurrencies in the Nordic region, it has decided to allow customers to trade cryptocurrency-related products on its platform.

10 Bitcoin ETFs had a net outflow of 3693 BTC (approximately $399 million), of which Fidelity had an outflow of 1482 BTC (approximately $160 million) and currently holds 205400 BTC (approximately $22.2 billion). 9 Ethereum ETFs have a net inflow of 5135 ETH (approximately $19.51 million), of which Grayscale Ethereum Mini Trust has an inflow of 18100 ETH (approximately $68.78 million) and currently holds 743500 ETH (approximately $2.83 billion). (Lookonchain) (AiCoin News)

[WisdomTree Launches 14 Tokenized Funds, Galaxy Digital Invests $10 Million] Asset management company WisdomTree has launched 14 tokenized funds on the Plume platform, including the CRDT private credit and alternative income digital fund, government money market digital fund, and others. This move marks WisdomTree's initiation of a multi-chain strategy. Galaxy Digital will invest $10 million into WisdomTree's government money market digital fund.

[The Federal Reserve Will Roll Over Maturing Treasury Principal Starting in December] In its latest Federal Open Market Committee (FOMC) statement, the Federal Reserve announced that starting December 1, 2025, it will roll over (reinvest) the principal of all maturing U.S. Treasury securities. This policy means the Federal Reserve will reinvest the principal of maturing Treasuries into newly issued U.S. Treasury securities, thereby maintaining the size of its balance sheet. This move is typically interpreted as a signal of a shift toward monetary policy easing or the end of a tightening cycle.