HaoYuan | 2026.10.12 (Monday)
👉 Mainstream ETF net outflows and altcoin capital drain have diverged; U.S. Treasury yields are nearing 5.4%, hitting a 24-year high, while oil prices above $100 continue to sustain inflationary pressure.
🌐 Crypto & Web3
1️⃣ Spot ETFs for BTC/ETH/SOL all recorded net outflows in January: BTC ETFs saw about $386 million in net outflows over the first seven trading days; ETH ETFs had 9 consecutive days of net outflows (about $635 million cumulatively); SOL also turned from net inflow to net outflow.
2️⃣ XRP ETF bucked the trend with 13 consecutive weeks of net inflows: about $11.31 million was added that week, creating a strong contrast with the combined $1.25 billion outflow from BTC/ETH/SOL.
3️⃣ BTC holds above $83,000, while altcoins are broadly losing capital: ETH and SOL have fallen about 7%–10% over the past 7 days, showing that market funds are clearly retreating toward the largest-cap assets for defense.
📈 U.S. Stocks & Traditional Finance
1️⃣ U.S. stocks rebounded on Friday to close higher, ending a record-setting week: the S&P 500 and Nasdaq bounced from their lows, with large-cap tech stocks showing resilience and masking broader downside pressure across the market.
2️⃣ The 10-year U.S. Treasury yield is nearing 5.4% (its highest level since 2002): high oil prices and persistent inflation concerns are pushing up global borrowing costs, keeping macro funding costs elevated.
3️⃣ Middle East conflict and tanker attacks continue, with Brent crude staying above $100: the risk premium in energy supply remains elevated, continuously reshaping inflation trades and safe-haven capital flows.
💡 HaoYuan Commentary
The 10-year U.S. Treasury yield has surged to 5.4%, a 24-year high, directly raising the floor for global risk-free returns; meanwhile, heavy ETF outflows and sharp altcoin declines further reveal capital’s safe-haven choices under a liquidity-tightening cycle.$BTC #以太坊ETF连续9日净流出 $ZEC
With crude oil above $100 and high interest rates squeezing simultaneously, chasing high leverage or weak altcoins is simply a losing move. Holding a defense base anchored in risk-free/low-risk assets and parking funds in stable, steadily yielding channels is the underlying philosophy for navigating an era of surging interest rates.
👉 Mainstream ETF net outflows and altcoin capital drain have diverged; U.S. Treasury yields are nearing 5.4%, hitting a 24-year high, while oil prices above $100 continue to sustain inflationary pressure.
🌐 Crypto & Web3
1️⃣ Spot ETFs for BTC/ETH/SOL all recorded net outflows in January: BTC ETFs saw about $386 million in net outflows over the first seven trading days; ETH ETFs had 9 consecutive days of net outflows (about $635 million cumulatively); SOL also turned from net inflow to net outflow.
2️⃣ XRP ETF bucked the trend with 13 consecutive weeks of net inflows: about $11.31 million was added that week, creating a strong contrast with the combined $1.25 billion outflow from BTC/ETH/SOL.
3️⃣ BTC holds above $83,000, while altcoins are broadly losing capital: ETH and SOL have fallen about 7%–10% over the past 7 days, showing that market funds are clearly retreating toward the largest-cap assets for defense.
📈 U.S. Stocks & Traditional Finance
1️⃣ U.S. stocks rebounded on Friday to close higher, ending a record-setting week: the S&P 500 and Nasdaq bounced from their lows, with large-cap tech stocks showing resilience and masking broader downside pressure across the market.
2️⃣ The 10-year U.S. Treasury yield is nearing 5.4% (its highest level since 2002): high oil prices and persistent inflation concerns are pushing up global borrowing costs, keeping macro funding costs elevated.
3️⃣ Middle East conflict and tanker attacks continue, with Brent crude staying above $100: the risk premium in energy supply remains elevated, continuously reshaping inflation trades and safe-haven capital flows.
💡 HaoYuan Commentary
The 10-year U.S. Treasury yield has surged to 5.4%, a 24-year high, directly raising the floor for global risk-free returns; meanwhile, heavy ETF outflows and sharp altcoin declines further reveal capital’s safe-haven choices under a liquidity-tightening cycle.$BTC #以太坊ETF连续9日净流出 $ZEC
With crude oil above $100 and high interest rates squeezing simultaneously, chasing high leverage or weak altcoins is simply a losing move. Holding a defense base anchored in risk-free/low-risk assets and parking funds in stable, steadily yielding channels is the underlying philosophy for navigating an era of surging interest rates.