Week 9 · 2026

Bitcoin News: Feb 24-28

Fidelity launches Bitcoin retirement product, BlackRock ETF surpasses gold, OP_CAT gains developer support, and UK publishes clear custody guidelines.

Market Snapshot

Price (start)

$76,800

Price (end)

$78,500

Weekly Change

+2.2%

BTC Dominance

53.2%

Hash Rate

592 EH/s

LN Capacity

5,250 BTC

Top Stories

adoptionFidelity

Fidelity Launches Bitcoin Retirement Product

Fidelity Investments launched a dedicated Bitcoin retirement savings product available through employer-sponsored 401(k) plans and individual IRAs. The product invests directly in spot Bitcoin through Fidelity's existing custody infrastructure and charges a 0.35% annual fee. Over 23,000 employers already offer Fidelity's retirement platform, giving millions of workers access to Bitcoin in their retirement accounts.

technicalBitcoin Optech

OP_CAT Proposal Gains Developer Support

A proposal to reintroduce the OP_CAT opcode to Bitcoin's scripting language received significant developer support at the annual Bitcoin Developer Meetup. OP_CAT would enable more complex transaction conditions, improving covenant functionality and enabling new Layer 2 designs. The proposal is being formalized as a BIP and would be implemented as a soft fork if consensus is reached.

adoptionBloomberg

BlackRock Bitcoin ETF Surpasses Gold ETF in AUM

BlackRock's iShares Bitcoin Trust (IBIT) surpassed the iShares Gold Trust (IAU) in assets under management for the first time, reaching $38 billion. The milestone was reached just 14 months after IBIT's launch, compared to IAU's 20-year history. BlackRock CEO Larry Fink described Bitcoin as "the fastest-growing ETF product in financial history."

regulatoryFCA

UK FCA Publishes Clear Bitcoin Custody Guidelines

The UK's Financial Conduct Authority published comprehensive guidelines for digital asset custody, providing legal clarity for British financial institutions wanting to hold Bitcoin on behalf of clients. The guidelines cover cold storage requirements, insurance, segregation of client assets, and reporting obligations. Several UK banks have indicated they will offer Bitcoin custody services in response.

adoptionRiver Financial

River Financial Reports Record DCA Volume

River Financial reported that its dollar-cost averaging (DCA) service processed record transaction volume in February 2026, with average monthly recurring purchases up 45% year-over-year. The company noted that the median DCA amount was $150 per month and that 92% of DCA customers have maintained their recurring schedule for over 12 months.