FameEX Morning Crypto News Recap | February 17, 2025

US Spot Bitcoin ETF Now Holds Over 1.2 Million BTC On-Chain

The US spot Bitcoin ETF now holds over 1.2 million BTC. This represents 6.08% of the total supply—valued at approximately $117.7 billion.

By 2025, Over 30 U.S. States Support Bitcoin and Digital Asset Policies

Dennis Porter, co-founder of the Satoshi Action Fund, noted that by 2025, over 30 U.S. states have enacted policies favoring Bitcoin and digital assets, highlighting increasing state-level acceptance of cryptocurrencies and blockchain technology.

US Bitcoin Spot ETF Reports $580.2 Million Net Outflow Last Week

According to Farside monitoring data, the US Bitcoin spot ETF experienced a $580.2 million net outflow last week.

Dallas Fed President Logan Advises Caution as Inflation Declines

In 2026, Dallas Fed President Logan stressed caution, asserting that declining inflation doesn’t ensure future rate cuts. Speaking in California, he explained that even if inflation approaches 2%, robust labor market conditions and economic strength may negate the necessity for additional monetary easing.

Strategy May Join the S&P 500 Index by June 2025

Strategy (MSTR) is projected to join the S&P 500 index before June 20. However, it must achieve positive GAAP net income in Q1 2025 to offset prior losses. This relies on Bitcoin closing above the company’s average purchase price of $96,337. If Bitcoin’s price falls below this threshold, Strategy will incur losses, potentially affecting its inclusion in the index.

CryptoQuant: Bitcoin Could Be Entering a New Bear Market

CryptoQuant has warned that Bitcoin (BTC) may be entering a “bear phase.” Investors are cutting exposure, with Bitcoin flowing from derivatives to spot exchanges. This shift points to declining market risk appetite and could indicate the start of a bear market as overall sentiment becomes more cautious.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​