Cryptocurrency

Crypto News Today: Tether Expands into Tokenized Securities, Filecoin Soars, Bitcoin ETFs See $240M Inflows, and South Korea Faces AML Gaps

Crypto Market Update: Tether Expands Tokenized Securities Push, Filecoin Surges 60%, Bitcoin ETFs See $240M Inflows, Cathie Wood Revises BTC Target, South Korea Faces AML Lapses

Written By : Bhavesh Maurya
Reviewed By : Shovan Roy

Overview

  • Tether, KraneShares, and Bitfinex Securities have joined forces to accelerate tokenized real-world assets.

  • Filecoin jumped 60% in 24 hours ahead of DePIN Day, driven by short squeezes, AI project integrations, and renewed trader optimism.

  • Bitcoin ETFs saw $240 million in net inflows after six days of outflows.

The global crypto market saw major institutional movement, sharp altcoin rallies, and changing regulations affecting sentiment. The headlines were on Tether, Filecoin, Robinhood, and regulators in South Korea, while renewed Bitcoin ETF inflows and Cathie Wood's adjusted forecast signified the changing investor sentiment.

Tether, KraneShares, and Bitfinex Securities Team Up to Advance Tokenized Securities

Tether, the world’s leading stablecoin issuer, has announced a significant partnership, which is aimed at accelerating the development of real-world assets (RWAs). 

Hadron, the firm's asset tokenization division, is going to work together with Bitfinex Securities and KraneShares to develop a compliant infrastructure for tokenized securities.

KraneShares, a global ETF specialist managing one of the world's largest China-focused funds, is set to offer both structuring knowledge and distribution capabilities. 

Analysts anticipate that the tokenized securities market will grow from $30 billion in 2025 to $10 trillion in 2030, therefore positioning the three of them to be at the forefront of blockchain-based capital markets.

Filecoin (FIL) Surges 60% in 24 Hours 

Although the overall crypto market declined 1%, Filecoin (FIL) jumped 60% in one day. The coin jumped from $1.38 to $2.18. 

The decentralized storage network’s jump was driven by excitement, ahead of DePIN Day on November 18, an important event for decentralized infrastructure projects.

Futures data indicated a short squeeze, which saw open interest nearly double to $110 million and volumes increase 300% to $237 million, resulting in prices pushing higher as short positions were liquidated.

Technical indicators confirm continued bullish momentum, with a breakout above the $1.40 resistance level, analysts now targeting $2.50-$3 in the near-term.

Also Read: What is Ethereum's Worst-Case Scenario According to Crypto Analysts?

Robinhood’s Q3 Revenue Doubles to $1.27 billion 

Trading platform Robinhood reported a record quarter, as its revenue doubled year-on-year to $1.27 billion in Q3 2025. The firm’s income from crypto trading skyrocketed by 339% and reached $268 million, representing one-fifth of its total revenue. 

Vlad Tenev, the CEO, gave credit to the strong adoption of its prediction markets, the Bitstamp acquisition, and the crypto services to institutions.

The trading volume reached $80 billion, split in half between Robinhood and Bitstamp, which Robinhood acquired earlier this year. 

CFO Jason Warnick said that Bitstamp and prediction markets generate over $100 million annually, and platform assets climbed 119% YoY to reach $333 billion.

Cathie Wood Lowers Bitcoin Price Forecast 

Cathie Wood, the Chief Executive Officer of ARK Invest, lowered her 2030 Bitcoin target from $1.5 million to $1.2 million due to the rapid adoption of stablecoins in developing markets.

Wood argued that dollar-pegged tokens are increasingly serving as both a store of value and a medium of exchange, the two primary roles for Bitcoin previously envisioned, particularly in inflation-ridden economies such as Venezuela and Argentina.

She remains bullish, describing Bitcoin as “digital gold,” but acknowledged stablecoins’ growing dominance as tokenized cash instruments.

According to Standard Chartered, stablecoins could pull $1 trillion from traditional banking systems in developing regions by 2028.

Bitcoin Spot ETFs Record $240 Million Inflows

According to sosovalue, Bitcoin spot ETFs registered $240.03 million in net inflows on November 6, ending a six-day outflow streak.

BlackRock’s IBIT led with $112 million in inflows, followed by Fidelity’s FBTC with $61 million. 

The total net asset value of all Bitcoin ETFs climbed to $135.4 billion, representing 6.7% of Bitcoin’s total market cap, as renewed buying indicated fresh investor confidence.

Also Read: Bitcoin’s Next Move: How Far Will the Price Drop Amid Market Sell-Off?

South Korea Battles 1,400-fold Spike in Crypto-related Financial Crime

The regulatory scrutiny is now upon South Korea's booming crypto market, second only to the US. Transfers from Cambodia linked with money laundering increased by 1,400 times in 2024, pointing to the weak implementation of the country’s AML regulations.

Major exchanges Bithumb and Upbit were identified to have carried out over 12 billion won ($9 million) in transactions of suspected "stolen funds," mostly in USDT stablecoins

Legal experts cite gaps in the Foreign Exchange Transactions Act, which does not clearly define cryptocurrencies, creating a gap in oversight for cross-border transactions.

FAQs:

1. What is Tether’s new partnership about?
Tether’s Hadron division is partnering with Bitfinex Securities and KraneShares to build a compliant framework for tokenized securities and real-world asset integration.

2. Why did Filecoin surge 60% in one day?
Filecoin’s price jump was fueled by anticipation of DePIN Day, AI-related storage partnerships, and a massive short squeeze in futures markets.

3. What did Cathie Wood say about Bitcoin’s long-term forecast?
Cathie Wood reduced her 2030 Bitcoin price target from $1.5 million to $1.2 million, citing stablecoins’ rapid growth as an emerging store of value in developing markets.

4. How are Bitcoin spot ETFs performing recently?
After six days of outflows, Bitcoin spot ETFs saw $240 million in inflows led by BlackRock’s IBIT and Fidelity’s FBTC, signaling renewed institutional demand.

5. Why is South Korea’s crypto market under pressure?
South Korea recorded a 1,400x rise in crypto-linked money-laundering transfers to Cambodia, prompting regulators to strengthen AML oversight and reassess existing legal frameworks.

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