Despite a record $1.68 billion outflow from US spot ETFs for four consecutive days, Bitcoin remains around $90,000, mainly thanks to improved global market sentiment offsetting earlier risk-averse behavior. Meanwhile, cryptocurrency custody company BitGo went public, with its stock (BITGO) closing at $18.49 on the first day after experiencing volatility, raising $212 million with a valuation exceeding $2 billion. In the DeFi space, Railgun has launched a brand-new "plug-and-play" integration solution aimed at enabling private, encrypted interactions with various on-chain platforms, thereby significantly enhancing privacy protection in decentralized finance.

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