Bitcoin and Ethereum ETFs recorded fresh net outflows in the March 18–20 sessions even as BTC hovered around $70,000 and broader prices stayed relatively steady. On March 20, spot BTC ETFs saw a $52 million outflow and ETH ETF products posted a $42 million decline, while XRP was the outlier with a nearly $2 million inflow.

On March 21, 2026, Amundi launched the Spiko Amundi Overnight Swap Fund (SAFO) with $100 million in pledged assets to bring corporate cash and collateral management on-chain. The tokenized fund operates across Ethereum and Stellar, with Chainlink publishing NAV data on-chain, and subscriptions available in EUR, USD, GBP, or CHF with a minimum of one unit.

Strategy CEO Phong Le said Morgan Stanley's planned spot Bitcoin ETF (MSBT) could attract outsized demand from the bank's wealth unit, citing a $160 billion estimate based on a 2% allocation model. He contrasted that figure with BlackRock's IBIT, which has $55 billion in AUM and $63 billion in cumulative net inflows. Morgan Stanley executives also argued crypto ETF adoption remains early and is still led by self-directed clients rather than advisor-managed accounts.

Dogecoin recorded a sharp jump in on-chain activity, with transfer volume reaching 1.037 billion DOGE (about $97.8 million) while the price hovered near $0.094 with roughly 0.3% gains. Transaction count rose to 26,627 and active addresses to 32,915, but the market did not follow through, as large flows appeared tied to redistribution and exchange routing rather than fresh accumulation.

A scenario where XRP reaches $10 could reshape who benefits most, extending beyond the largest whale wallets to long-term retail holders who accumulated during prolonged sideways trading. Based on recent rich-list figures, about 2,232 XRP is enough for the top 10% of holders and roughly 46,400 XRP for the top 1%, which would equate to about $22,320 and $464,000 at $10. The article also highlights that wallets with 100,000 XRP would cross $1 million, while top addresses—often tied to exchanges and Ripple-linked entities—could sit on gains measured in billions.

The House Financial Services Committee will hold a hearing, "Tokenization and the Future of Securities: Modernizing Our Capital Markets," on Wednesday at 10AM ET. In the same week, the SEC approved Nasdaq's pilot to test tokenized versions of select Russell 1000 stocks and related index ETFs while reiterating that tokenized assets remain securities under federal law.

The US SEC and CFTC released new guidance on Tuesday outlining a five-part taxonomy for digital assets, including digital commodities, NFTs, digital tools, stablecoins and tokenized securities. Galaxy research head Alex Thorn said the shift to an interpretive rule could give the industry clearer expectations for about the next 30 months, while longer-term certainty would require the CLARITY market-structure bill to become law. Politico later reported a tentative White House–lawmaker deal to advance CLARITY, though details remain undisclosed.

Ledger CTO Charles Guillemet warned crypto users about relying on browsers for sensitive secrets after Google released a Chrome update addressing 26 vulnerabilities, including 4 critical issues. Separately, Binance issued an iOS alert urging immediate updates due to "DarkSword," an exploit chain affecting iOS 18.4 to 18.7 that could expose sensitive data on compromised websites.