Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

Temporal, an open-source software and cloud services developer, announced on February 18 that it has closed a $300 million Series D funding round. The round was led by a16z, with participation from Lightspeed Venture Partners, Sapphire Ventures, and existing investor Sequoia Capital. The company now holds a post-money valuation of $5 billion. Founded in 2019, Temporal specializes in open-source tools and cloud services that enable durable code execution—allowing applications to recover from failures without engineers having to build custom recovery logic. Amid explosive growth in AI agents in early 2026, infrastructure-layer companies are highly sought after in capital markets.

On February 18, Farside data shows U.S. Ethereum spot ETFs recorded $48.6 million in net inflows yesterday. BNY Mellon’s ETHA led with $22.9 million in net inflows, while Grayscale’s ETH saw $11.3 million in net inflows.

On February 18, Farside monitoring reported that U.S. Bitcoin spot ETFs posted a net outflow of $104.9 million the prior day. Specifically, Bakkt’s IBIT saw a net outflow of $119.7 million, while Grayscale’s BTC trust recorded a net inflow of $36 million.

February 18 — Grayscale announced today that its Sui Stake DAO ETF will launch trading on the NYSE tomorrow under ticker symbol GSUI. The ETF will give investors exposure to SUI while offering potential staking rewards, with SUI’s historical average annual staking yield ranging from 1.7% to 3.3%.

**February 18 —** Per Coinglass data, Bitcoin traded within a narrow range on February 18. Funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate the market remains broadly bearish. Ethereum, which had recently shifted back to neutral funding rates, has flipped negative again. Specific rate details are in the attached image. **BlockBeats Note:** Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset prices. They facilitate fund transfers between long and short traders (the platform does not charge this fee) and adjust holding costs/profits to maintain parity between contract and spot prices. **Key Benchmarks:** - 0.01% = baseline rate - >0.01% = broadly bullish - <0.005% = broadly bearish

Feb. 18 — ETF issuers Bitwise and GraniteShares filed applications with the U.S. Securities and Exchange Commission (SEC) to launch event contract funds linked to U.S. election outcomes. Bitwise’s prospectus, filed Tuesday, outlines plans to list six prediction market-style ETFs on NYSE Arca under the “PredictionShares” brand. Each fund will track the party affiliation outcomes of the 2028 presidential election and 2026 congressional elections: The fund tied to a party will rise in value if that party wins, and suffer a “substantial loss in value” if it does not. Each fund will invest at least 80% of its net assets in binary event contracts traded on CFTC-regulated exchanges. The contracts will settle at $1 if the specified outcome occurs, and $0 otherwise. Also on Feb. 18, GraniteShares filed prospectuses for six similarly structured funds linked to election results. Roundhill filed a similar fund application on Feb. 14. Bloomberg ETF analyst James Seyffart noted: “The fin