Today's News‼️
⭕️ Total BTC ETF flow: +$118.8M (BlackRock);
⭕️ Total ETH ETF flow: -$201.9M (BlackRock);
⭕️ Total SOL ETF flow: -$3.8M (Grayscale);
⭕️ Total HYPE ETF flow: +$3.0M (Grayscale, Bitwise);
🔴 For $BTC, Tuesday has consistently been the worst-performing day over the last six months;
🔴 Net Bitcoin flow on exchanges, based on a 30-day moving average, remains deeply negative, indicating that more BTC has recently been leaving exchanges than entering them;
🔴 The US government continued transferring cryptocurrency: 834 $BTC and 40,285 $BNB. Of these, the 834 $BTC were deposited into Coinbase Prime;
🔴 BTC rose by 24.5%, 44.9%, and 92.3% in the 12 months following the US midterm elections in 2014, 2018, and 2022, respectively — CryptoQuant;
🔴 Fundstrat co-founder Tom Lee stated at Token2049 that cryptocurrency is at the beginning of a supercycle and that the majority of assets managed in traditional finance will be tokenized over the next 10 years, BlackRock, JPMorgan, and Robinhood are building related infrastructure on Ethereum (ETH);
🔴 Sentiment: Cardano "whales" have awakened; ADA's market capitalization has risen by 42% since September 16;
🔴 The Winklevoss brothers have filed an application with the SEC to launch a spot ZEC ETF; the name reflects the asset's anonymity—"Winklevoss Zcash ETF";
🔴 The volume of deposits within the Robinhood app's lending market currently exceeds $1 billion, with USDG alone accounting for more than 50%;
🔴 The market capitalization of tokenized stocks has reached a new all-time high of $3.8 billion. Assets issued by Ondo lead the sector with a market cap of $1.0 billion, followed by xStocks ($929.7 million) and Binance bStocks ($886.1 million); together, they account for approximately 74% of the market;
🔴 The number of holders of stocks issued via Backpack on Solana has surpassed 300,000. Tokenized stocks can help blockchain-based businesses attract more users and reshape how the market values their growth potential.
⭕️ Total BTC ETF flow: +$118.8M (BlackRock);
⭕️ Total ETH ETF flow: -$201.9M (BlackRock);
⭕️ Total SOL ETF flow: -$3.8M (Grayscale);
⭕️ Total HYPE ETF flow: +$3.0M (Grayscale, Bitwise);
🔴 For $BTC, Tuesday has consistently been the worst-performing day over the last six months;
🔴 Net Bitcoin flow on exchanges, based on a 30-day moving average, remains deeply negative, indicating that more BTC has recently been leaving exchanges than entering them;
🔴 The US government continued transferring cryptocurrency: 834 $BTC and 40,285 $BNB. Of these, the 834 $BTC were deposited into Coinbase Prime;
🔴 BTC rose by 24.5%, 44.9%, and 92.3% in the 12 months following the US midterm elections in 2014, 2018, and 2022, respectively — CryptoQuant;
🔴 Fundstrat co-founder Tom Lee stated at Token2049 that cryptocurrency is at the beginning of a supercycle and that the majority of assets managed in traditional finance will be tokenized over the next 10 years, BlackRock, JPMorgan, and Robinhood are building related infrastructure on Ethereum (ETH);
🔴 Sentiment: Cardano "whales" have awakened; ADA's market capitalization has risen by 42% since September 16;
🔴 The Winklevoss brothers have filed an application with the SEC to launch a spot ZEC ETF; the name reflects the asset's anonymity—"Winklevoss Zcash ETF";
🔴 The volume of deposits within the Robinhood app's lending market currently exceeds $1 billion, with USDG alone accounting for more than 50%;
🔴 The market capitalization of tokenized stocks has reached a new all-time high of $3.8 billion. Assets issued by Ondo lead the sector with a market cap of $1.0 billion, followed by xStocks ($929.7 million) and Binance bStocks ($886.1 million); together, they account for approximately 74% of the market;
🔴 The number of holders of stocks issued via Backpack on Solana has surpassed 300,000. Tokenized stocks can help blockchain-based businesses attract more users and reshape how the market values their growth potential.