According to SoSoValue, yesterday's total net outflows of Bitcoin spot ETFs amounted to $36.67 million. The Grayscale ETF GBTC had a net outflow of $110 million in a single day, with GBTC's historical net outflow now standing at $16.38 billion. The Bitcoin spot ETF with the highest single-day net inflow was the BlackRock ETF IBIT, with an approximate net inflow of $73.40 million.

Blur data shows that the floor price of Bored Ape Yacht Club (BAYC) fell below 11 ETH and is now trading at 10.89 ETH. It fell 12.08% on the 7th, a drop of more than 90% from the historical high, and the lowest price since August 2021.

Trust Wallet: Alert for iOS users, we have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web, this can infiltrate your iPhone without clicking any link. Recommended action to guard against this iMessage exploit; disable iMessages ASAP until Apple patches this.

QCP: Buying the weekend dip looked great in Asia morning. However, the US session saw another risk-off wave. ETH risk reversals have turned very negative in the front-end (-12%) indicating nervous sentiment. The market is short ETH gamma (near-dated options) which means that a sharp move in either direction would be amplified.

CNN: Despite the lack of U.S. support, Israel's war cabinet remained determined on Monday to respond to Iran's attack. The cabinet is currently discussing the timing and location of the attack to send a message to Tehran but avoid causing casualties.

Bloomberg ETF analyst Eric Balchunas predicts that Hong Kong spot Bitcoin ETF capital inflows may only be US$500 million, less than one-twenty-fifth of the current Bitcoin ETF inflows in the United States, because the total ETF market in Hong Kong is very small, the three approved issuers are far inferior to large institutions like BlackRock, transaction fees may be relatively high.

The deposit amount of FDUSD on Binance Launchpool far exceeds the issuance amount. The OMNI FDUSD pool has 197k participants, deposited exceeds 6 billion FDUSD. The official website of First Digital, the issuer of FDUSD, shows a circulation of only 3.97 billion.

Nine questions and answers about the Hong Kong Bitcoin and Ethereum Spot ETF Only 3 months to get approved? HK consider ETH and many tokens not securities? Why does HK allow physical delivery? Can 1.4 billion Chinese people buy bitcoin ETF? Read more

The UK will enact new legislation on stablecoins and cryptocurrency staking, trading and custody by June or July this year. A series of crypto asset activities such as operating exchanges and custody of customer assets will be included for the first time.

Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun at 17:40 UTC+8 today. Railgun is a EVM privacy protocol that enables DeFi private transactions. Over the past six months, Vitalik Buterin has been interacting with the Railgun using small amounts of ETH basically every month.

CoinShares: Digital asset investment products saw minor outflows totalling US$126m last week. Investors are seemingly hesitant since the positive price momentum has stalled. Ethereum suffered on a relative basis the most, with US$29m outflows last week, marking its 5th consecutive week of outflows.

Solana v1.17.31 has released the is now recommended for general use by MainnetBeta validators. This release contains enhancements which will help alleviate the ongoing congestion on the Solana Network. Earlier, the failure rate of non-voting transactions on the Solana network was as high as 76.8%.

Landesbank Baden-Württemberg, Germany’s biggest federal bank, plans to start offering cryptocurrency custody services in partnership with the Bitpanda exchange. “The demand from our corporate customers for digital assets is increasing.”

OKX, the second largest offshore exchange, announced that it will launch memecoin WIF and MEW spot trading. OKX recently suddenly changed its style and listed a large number of coins. The reason is unknown.

Breaking: China Asset Management, Bosera Capital, HashKey Capital Limited, etc. announced that their applications for Bitcoin and Ethereum spot ETFs have been approved by the Hong Kong Securities and Futures Commission, allowing investors to directly use Bitcoin and Ethereum to subscribe for corresponding ETF shares.

DWF: Volume on Ordinals have increased exponentially with Bitcoin halving and Runes Protocol launch coming in April. The most prominent NFTs are nodemonkes BitcoinPuppets and QuantumCatsXYZ. Some of these airdrops have been of pretty high value. We expect many protocols to launch or migrate to Runes.

Willy Woo: $58.9k STH support, if this breaks we move to a bear market. We flushed out long leverage down to $60k. To liquidate lower, price would have broken the formidable $59k STH support, and a strong sign of a bear market. More likely short liquidations to 71-75k is next.

The public consultation on Hong Kong's OTC licensing system ended last Friday, but it only covers Bitcoin and Ethereum. Industry associations have called on officials to exempt USDT and USDC. Some practitioners are also opposed to the proposal to strengthen KYC review for a minimum transfer of HK$8,000.

This week the UK and Eurozone will release March CPI. Federal Reserve Chairman Powell will participate in a Q&A on April 16. In addition, the Vice Chairman, Governors, Voting Committee, etc. of the Federal Reserve will announce more than 4 updates.

Guy Ficco, director of criminal investigations of the Internal Revenue Service (IRS), recently stated that cryptocurrency tax evasion cases are expected to be on the rise this year. The IRS is currently ready to crack down and is cooperating with the blockchain analysis company Chainalysis and several other law enforcement agencies.