News/Daily Market Wrap | Jan. 07

Daily Market Wrap | Jan. 07

Jan 07,2026,18:56

Hot Topics

  • Morgan Stanley files SEC S-1 for spot Bitcoin ETF and staking-enabled spot Solana ETF.
  • U.S. spot Bitcoin ETFs post $243M net outflows on Tuesday, led by Fidelity's FBTC, ending early-year inflow streak.
  • MicroStrategy stock rallies as MSCI confirms no immediate bar on digital asset treasury firms from indexes.

Market Updates

  • Barclays acquires undisclosed stake in U.S. stablecoin clearing startup Ubyx, marking its first such investment for regulated tokenized money exploration.
  • Ripple reaffirms no IPO plans, citing strong balance sheet and private growth focus post-$500M raise.
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