fund

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.0015%. Among the major exchanges, the funding rate on Binance is -0.0079%, OKX is 0.0016%, Bybit is -0.005%, and Gate is -0.0045%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0011%. Among the major exchanges, the rate on Binance is -0.0031%, OKX is 0.0031%, Bybit is 0.0009%, and Gate is 0.0008%.

According to market news, New York-based crypto investment firm DBA has raised $68 million for its second venture capital fund.Previously, the company raised $50 million for its first fund in 2023. DBA was co-founded by former Galaxy Digital co-head of investments Michael Jordan and well-known Ethereum commentator Jon Charbonneau, and has invested in protocols such as DoubleZero and Monad, stablecoin application Payy, ICO financing platform MetaDAO, and Bitcoin scaling solutions.

According to DefiLlama data, Binance has seen a net inflow of over $3 billion in the past 7 days, currently reaching approximately $3.364 billion.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.0036%. Among the mainstream exchanges, the funding rate on Binance is -0.0106%, OKX is -0.0051%, Bybit is -0.0064%, and Gate is -0.0043%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0018%. Among the current mainstream exchanges, the funding rate for Binance is -0.004%, OKX is 0.0036%, Bybit is -0.0016%, and Gate is 0%.

According to Jinshi, the Federal Reserve accepted a total of $8.56 billion from 10 counterparties in its fixed-rate reverse repurchase operations.

CryptoQuant analyst Darkfost stated that after a significant pullback, Bitcoin is currently consolidating in the range of $72,000 to $65,000. This range is active with a large number of whales, long-term holders, and even institutional investors. During deep pullbacks or the later stages of a bear market, investors typically rotate funds back into Bitcoin while reducing their allocation to altcoins. In this round of pullback, the impact on altcoin trading volume has been the most pronounced. Compared to the high of 59.2% of Binance's total trading volume in November, its share has dropped to 33.6% on February 13, with trading activity nearly reduced by 50%. This pattern has also appeared in previous pullback phases, including around April 2025, August 2024, and near the end of the bear market in October 2022. During periods of market uncertainty and rising pressure, Bitcoin's trading volume share tends to increase. In such an environment, investors naturally tend to flow back into BTC, further reinforcing its position as a safe haven for funds and the core benchmark asset of the market.

Battery Ventures' representative portfolio includes Coinbase, Databricks, Affirm, Shopify, and Wayfair.

The sports event prediction market platform Novig announced the completion of a $75 million Series B funding round, led by Pantera Capital, with a post-funding valuation of $500 million.Novig co-founder Jacob Fortinsky stated that the company was founded in 2021 with the aim of creating a consumer-friendly platform for modern sports bettors, with its core advantage being its peer-to-peer trading model. Novig is currently applying for a license from the Commodity Futures Trading Commission and expects to complete this within six months. Fortinsky emphasized that, unlike platforms such as Kalshi and Polymarket, Novig's product design and brand positioning are centered around sports events, making it more aligned with the usage habits of ordinary sports fans.

According to market news, Abu Dhabi's sovereign wealth fund Mubadala disclosed in its 13F filing with the U.S. Securities and Exchange Commission that it held 12,702,323 shares of the BlackRock iShares Bitcoin Trust (IBIT) as of the end of the fourth quarter of 2025, valued at approximately $630.6 million. This position increased by 46% from 8.7 million shares at the end of the third quarter.

According to CoinDesk, the UK hedge fund Brevan Howard's crypto fund BH Digital Asset saw a net value decline of 29.5% in 2025, marking the worst annual performance for the fund since its inception in 2021, underperforming Bitcoin, which only dropped 6% during the same period.The fund primarily invests in crypto tokens and companies related to digital assets, having previously recorded increases of 43% and 52% in 2023 and 2024, respectively.According to sources cited by the Financial Times, BH Digital Asset holds a significant amount of private equity and venture capital assets, which have been notably pressured in the overall sluggish environment of the crypto market last year. Brevan Howard has not yet commented on this matter.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is -0.002%. Among the major exchanges, the funding rate on Binance is -0.0038%, OKX is -0.0066%, Bybit is 0.0031%, and Gate is -0.0015%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.001%. Among the mainstream exchanges, the rate on Binance is -0.0001%, OKX is -0.0012%, Bybit is -0.0002%, and Gate is -0.0012%.

According to Jinshi News, Mark Spitznagel, founder and chief investment officer of the "Black Swan Fund" Universa Investments, stated that the upward trend of the U.S. stock market is far from over—at least for now.In a recent letter to investors, Spitznagel wrote that in the coming year, the market will continue to be in the "Goldilocks zone—where inflation and interest rates are declining, the economy is slowing but not excessively, and market sentiment turns euphoric—the stock market will continue to rise and end with a surge." However, he added that "the largest bubble in human history" has now entered its final stage.Spitznagel's hedge fund has been around for nearly two decades, focusing on tail risk hedging, which protects investors' portfolios from the impact of the next major crash. He stated that as long as the economy remains resilient, the stock market will continue to rise—a view he has maintained since the end of 2022. In an interview, he mentioned that market euphoria could drive the S&P 500 index to 8,000 points or even higher—followed by a sharp reversal.What is concerning is that if the Federal Reserve maintains the current interest rate levels for an extended period, companies will begin to struggle to raise funds. Spitznagel noted that although the economy appears resilient, there is a lag effect in monetary policy, and the Federal Reserve's excessive focus on lagging indicators like inflation has already fallen behind the situation."The Federal Reserve is currently holding steady, and as the economy gradually worsens, the market will expect more easing policies to be introduced," he said. In this context, the stock market will rise on expectations of more rate cuts, only to quickly decline during an economic slowdown. "At some point, the Federal Reserve will be powerless to turn things around, just like what happened in 2007 and 2008."

According to Reuters, AI Agent startup Temporal has completed a $300 million Series D funding round, led by a16z.The company stated that this round of financing is not aimed at chasing a specific moment in artificial intelligence, but rather to build a platform to address the common reliability challenges faced by AI Agents in complex, long-running processes. Currently, users include AI companies like OpenAI, as well as Snap, Netflix, and JPMorgan Chase.

According to Cointelegraph, the Arizona State Senate Finance Committee has passed the Digital Asset Strategic Reserve Fund Bill (SB1649) with a vote of 4 to 2, and the bill will now be submitted to the Rules Committee for review.

According to CNBC, Wells Fargo stated that some taxpayers may receive larger refunds this year compared to previous years, which could drive funds into risk assets such as stocks and Bitcoin. This is due to provisions in the Inflation Reduction Act passed last summer that are favorable to taxpayers in 2025.Additionally, the IRS did not update its withholding tax tables last year, so wage earners are less likely to face surprises from adjustments to taxes already withheld.Wells Fargo noted in its latest analyst report that these factors could lead to as much as $150 billion flowing into the market by the end of March, as over 60% of refunds are issued.The bank's analysts added that the expected liquidity injection could boost Bitcoin as well as stocks favored by retail investors, such as Boeing and Robinhood. Wells Fargo analyst Ohsung Kwon stated in a report on Sunday, "We believe the additional savings from tax refunds—especially for high-income consumers—will flow back into the stock market.""Increased savings will drive speculative sentiment... We expect the 'YOLO' mentality to return." The analysts pointed out that Bitcoin could serve as a proxy indicator for liquidity, signaling a shift in investment patterns. According to Wells Fargo data, domestic liquidity has decreased by $105 billion over the past four weeks, while Bitcoin has retraced about 29% in the past month.

According to The Block, as reported in regulatory filings submitted on Tuesday, two Abu Dhabi-based funds held over $1 billion in BlackRock's flagship spot Bitcoin ETF as of the end of last year.The sovereign wealth fund Mubadala Investment Company disclosed that it holds 12,702,323 shares of the BlackRock fund (ticker: IBIT), valued at approximately $631 million. Additionally, according to two separate 13F filings submitted to the U.S. Securities and Exchange Commission, the government-affiliated investment firm Al Warda Investments reported holding 8,218,712 shares, valued at $408 million.In the case of Mubadala, its 13F filing shows that the number of IBIT shares held by the fund increased by 46% compared to the filings submitted to the SEC in the third quarter. For most of last year, this Abu Dhabi fund held over 8 million shares of IBIT. BlackRock's spot BTC fund is the largest of its kind, managing approximately $58 billion in assets.Due to the decline in Bitcoin prices in recent months, the fund's value has significantly shrunk. 13F filings are submitted quarterly to the SEC by institutional investment managers with assets under management of at least $100 million, disclosing their stock holdings at the end of each fiscal period. Since 13F reports only require the disclosure of long positions in U.S. stocks and stock options, they can only partially reflect the overall investment strategy of the investment managers.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0018%. Among the major exchanges, the rate on Binance is 0.0012%, OKX is 0.0044%, Bybit is 0.0069%, and Gate is 0.0013%.