Bitcoin closes above US$86K

Key market insights

• US SEC holds crypto roundtable as Trump plans regulatory overhaul: The Trump administration’s shift toward clearer, less enforcement-heavy digital asset regulation led to the first official crypto roundtable in the US.
• Investor confidence in Bitcoin ETFs surges with continued inflows: Bitcoin ETFs saw over US$400 million in net inflows, reflecting rising institutional confidence as BTC stabilises above US$85K.
• Ripple tells US SEC to stop stifling crypto after legal win: Ripple urged the US SEC to ditch its outdated, enforcement-driven policies for a modern, innovation-friendly framework for crypto.

The weekly trading stats as of Monday, March 24th at 11:00 am AEDT, based on data from Tradingview in USD.

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US SEC holds crypto roundtable as Trump plans regulatory overhaul

The US Securities and Exchange Commission (SEC) hosted a special crypto-focused roundtable last week, gathering key industry players and policymakers to discuss the future of digital asset oversight. The event comes amid mounting pressure from the Trump administration, which is working on a broader regulatory revamp aimed at streamlining crypto rules and shifting away from the SEC’s current enforcement-driven approach. With lawmakers and firms demanding clearer guidance, the roundtable signals a potential turning point in how digital assets are regulated in the US.

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Investor confidence in spot Bitcoin ETFs surges with continued inflows

Spot Bitcoin ETFs have now recorded five straight days of net inflows, reflecting growing investor confidence amid stabilising crypto markets. According to data from BitMEX Research, funds saw a combined net inflow of over US$400 million during the last week, led by BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). The sustained demand signals renewed institutional interest in Bitcoin as prices hold steady above US$85,000.

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Ripple tells US SEC to stop stifling crypto after legal win

Following their recent legal victory, Ripple has urged the US SEC to “return to first principles” and reconsider its aggressive approach to cryptocurrency regulation. In an official letter submitted to the agency, Ripple accused the SEC of using outdated frameworks that hinder innovation and fail to provide clarity for digital asset companies. The firm also called for rules that distinguish between different types of crypto assets, emphasizing the need for a balanced, forward-looking regulatory model.

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Looking ahead

After weeks of seemingly endless uncertainty, the crypto market appears to be stabilizing, at least for now. Bitcoin is holding at the US$85k mark following renewed ETF inflows and easing macroeconomic fears. Regulatory developments are taking center stage once again, with the SEC hosting a dedicated roundtable and the Trump administration signaling a shift toward clearer, more industry-friendly oversight. Meanwhile, Ripple’s post-court win statements also add momentum to the growing call for modernised crypto regulation.

Evidence for rising institutional interest is also present through five straight days of net inflows into spot Bitcoin ETFs. Potentially, this could mark the beginning of a broader risk-on sentiment across financial markets. At the same time, Australia is taking proactive steps to formally integrate crypto into our national economies.

For now, crypto traders and industry participants should keep a close eye on further regulatory shifts and policy updates. While volatility is likely to persist, the current signals point to a cautiously optimistic path forward, where institutional participation, global integration, and more thoughtful regulation could drive the next wave of growth.

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