📰 Crypto Digest
Bank-style ETF custody expands, cross-chain BTC routing debuts, Big Four attestation strengthens USAT, spot ETF inflows resume, and Korea weighs shareholding caps.
Press review for 05 mars 2026 – editorial selection
Last updated: 07:18
Daily News Summary: Morgan Stanley selects Coinbase and BNY Mellon for Bitcoin ETF custody; Threshold launches a unified cross-chain BTC liquidity app; Deloitte attests USAT reserves; spot BTC ETF inflows regain pace; and Korea considers caps on exchange ownership.
🏦 Morgan Stanley selects Coinbase and BNY Mellon for Bitcoin ETF custody
- Coinbase Custody Trust Company and BNY Mellon named as custodians for Morgan Stanley's Bitcoin ETF.
- BNY Mellon will also serve as administrator, transfer agent, and cash custodian.
- The ETF is planned to hold Bitcoin directly, not via derivatives.
- The filing with the SEC signals Morgan Stanley's Bitcoin ETF plans as part of its long-term roadmap.
⚙️ Threshold launches all-in-one Bitcoin liquidity app
- Threshold Network released an all-in-one Unified Bitcoin App for routing BTC across chains via a single interface.
- The app coordinates minting, redeeming, bridging, tracking, and native BTC swaps.
- It enables cross-chain movement across Ethereum, Arbitrum, Base, Sui, StarkNet, and more.
- The interface consolidates multi-step BTC liquidity operations under one workflow.
🏛 Deloitte attestation on USAT reserve report; USDT remains unproven
- Deloitte issued an Independent Accountant’s Report on Anchorage Digital Bank’s USAT Reserve Report.
- The engagement is not a full audit of USDT; USAT reserves show $17.6 million assets vs $17.5 million liabilities, with a $103,325 surplus.
- Assets include cash and reverse repurchase agreements collateralized by US Treasuries.
- The report is a point-in-time examination of USAT reserves and does not evaluate broader USDT reserves or operating controls.
💰 Institutional investors flow into spot BTC ETFs as inflows surge
- Spot Bitcoin ETF inflows totaled about $1.7 billion over the past five trading days.
- Daily inflows were $225 million on March 3 and $458 million the day before.
- Flows indicate growing institutional demand for spot Bitcoin exposure.
- The article notes ETF inflows as a signal of institutional interest.
🏛 South Korea moves to cap crypto exchange shareholder stakes at 20%: Report
- South Korea's government and ruling party reportedly propose capping major shareholder stakes in crypto exchanges at 20%.
- Limited exemptions are contemplated for new operators.
- The measure is described as part of broader crypto regulation.
- The report discusses potential regulatory implications for exchange ownership structures.
Review based on an editorial selection of reliable press sources.