Metaplanet expands BTC holdings despite a $619 million accounting loss, targeting 175,000 BTC by 2027.
Bitcoin ETFs record $165.76 million in outflows while total AUM remains at $84.37 billion.
Ledn’s $188 million Bitcoin-backed ABS deal signals deeper integration into traditional bond markets.
The cryptocurrency market is seeing major developments as corporate treasury strategies, institutional adoption, and traditional finance integration influence the sector. Be it Metaplanet’s aggressive Bitcoin accumulation, Ledn’s historic Bitcoin-backed securitization, or Deutsche Bank’s expanded Ripple integration—our daily roundup of Crypto News Today is worth a read.
Metaplanet reported a $619 million net loss for fiscal year 2025. The factor that influenced it is mainly a $665.8 million unrealized mark-to-market loss on its Bitcoin holdings.
The company classified the loss as a non-operating accounting adjustment and emphasized that liquidity and cash flow were unaffected.
Metaplanet increased its Bitcoin holdings to 35,102 BTC by the end of FY2025, which represented a 1,892% year-over-year growth that demonstrated its aggressive treasury expansion efforts.
Metaplanet plans to accumulate 175,000 BTC by the year 2027. The company needs to conduct continuous fundraising and have positive macroeconomic conditions and investor trust before it can reach its goal.
According to SoSoValue, Bitcoin Spot ETFs recorded a total net outflow of $165.76 million on February 19. It marked three consecutive days of withdrawals.
BlackRock’s IBIT led the outflows with $164.06 million in daily net redemptions. Despite the pullback, IBIT’s cumulative historical net inflow remains strong at $61.24 billion.
Valkyrie’s BRRR ETF saw the second-largest outflow at $1.70 million with total historical inflows of $314.36 million.
The total net asset value of Bitcoin Spot ETFs is now at $84.37 billion. The ETF net asset ratio is 6.28% of Bitcoin’s total market capitalization.
Also Read: How to Protect Your Investments During a Bitcoin Market Crash
Crypto lending platform Ledn completed its first ABS transaction through a $188 million asset-backed security deal. It used Bitcoin-backed consumer loans as collateral.
The structured bond issuance through Ledn Issuer Trust 2026-1 is the initial securitization of BTC-backed loans entering conventional bond markets.
$160 million in Class A senior notes rated preliminary BBB- (sf)
$28 million in Class B subordinated notes rated preliminary B- (sf)
The senior tranche is priced at around 335 basis points above its benchmark rates. The collateral pool consists of 4,078.87 BTC with a value of approximately $356.9 million. The weighted-average loan-to-value ratio is 55.78%.
Deutsche Bank introduced a significant expansion of its Ripple-based payment system. It will operate throughout its global payment network, foreign exchange operations, and custody service provision.
The bank uses Ripple Payments to establish near-instant cross-border settlement capabilities, decreasing operational expenses by up to 30%.
The deployment centers on Ripple's enterprise messaging and routing system, yet it still operates with On-Demand Liquidity systems that use XRP.
The expansion follows the bank’s broader blockchain strategy, including its 2023 digital asset custody license application and blockchain-based euro settlement tests completed in 2025.
Tom Lee’s BitMine Immersion Technologies purchased 20,000 ETH worth approximately $39.8 million and add to a weekly acquisition of 45,759 ETH, according to Lookonchain.
The firm has now reached roughly 72% of its “Alchemy of 5%” target, aiming to control 5% of Ethereum’s total supply.
Spot Ethereum ETFs recorded $41.8 million in outflows on February 18.
Despite short-term investor caution, BitMine continues accumulating ETH.
Also Read: How to Convert ETH to USDT on Trusted Exchanges at Low Cost: Easy Guide
TON Foundation is leveraging Telegram’s billion-user ecosystem to drive mainstream Web3 adoption.
TON’s wallet is integrated directly within Telegram. It simplifies crypto payments and digital asset interactions.
Institutional interest appears to be rising with reports of over $400 million in Toncoin purchases this year.
TON leadership emphasizes compliance, network stability, and scalable developer tooling as it competes with other Layer-1 players.
1. Why did Metaplanet report such a large loss?
The loss was primarily due to unrealized mark-to-market accounting adjustments on Bitcoin holdings, not asset sales.
2. Are Bitcoin ETF outflows a bearish signal?
Not necessarily; short-term redemptions can reflect portfolio rebalancing rather than structural weakness.
3. What makes Ledn’s ABS deal significant?
It marks the first securitization of Bitcoin-backed loans entering mainstream fixed-income markets.
4. Is Deutsche Bank directly using XRP?
The bank is using Ripple’s enterprise software, which is compatible with XRP-based liquidity but does not directly require token usage.
5. Why is BitMine buying Ethereum during ETF outflows?
The firm appears to be executing a long-term accumulation strategy, viewing price weakness as a buying opportunity.