[Evening News Brief] Bitcoin Spot ETF Net Outflow of $250 million in a single day... IBIT Outflow of $252 million, etc.

Bitcoin Spot ETF Net Outflow of $250 Million in One Day…IBIT Outflows of $252 Million

According to data from the U.S. cryptocurrency data platform SoSoValue, as of January 9th (Eastern Time), the Bitcoin spot ETF market experienced a net outflow of $250 million, marking the fourth consecutive day of net outflows.

Specifically, Fidelity’s FBTC recorded a net inflow of $7.86 million, while BlackRock’s IBIT saw an outflow of $252 million within a single day.

Ethereum Spot ETF Net Outflow of $93.81 Million in 24 Hours

On January 10th, PANews cited SoSoValue data reporting that as of January 9th, Ethereum spot ETFs have experienced three consecutive days of net outflows.

Among them, BlackRock’s ETHA ETF outflowed $83.77 million, and Grayscale’s ETHE ETF outflowed $10.03 million.

ONDO Project-Related Wallets Distribute $23.1 Million in Tokens to Multiple Wallets

According to on-chain data analysis firm OnchainSchool, wallets related to ONDO have dispersed approximately $23.1 million worth of ONDO tokens to four different wallets. These wallets have records of deposits to exchanges, sparking speculation about potential transfers to exchanges.

Ethereum Core Developer Tim Beiko Steps Down from L1 Development… Focuses on Application Development

According to PANews, Tim Beiko of the Ethereum Foundation announced he will step back from Layer 1 development work and will focus on Ethereum application development in the future. He assesses that Ethereum is approaching the “final stage of the protocol.”

Whale Investor Invests $12.06 Million USDC in HyperLiquid to Purchase HYPE Tokens

According to on-chain analysis platform Onchain Lens, a whale has deposited a total of $12.06 million USDC into HyperLiquid to purchase HYPE tokens. This reflects confidence in the HYPE ecosystem.

Gate Significantly Expands Derivatives Functionality… Including DN Perpetual Contracts

Virtual asset exchange Gate has launched various derivatives features, including DeepNode perpetual contracts. These contracts support up to 20x leverage and will be available on Gate Perp DEX. Additionally, leverage lending, margin trading, DCA, and other features will be provided.

Tesla Still Holds 11,500 Bitcoins Purchased Four Years Ago

Cryptocurrency analyst Pete Rizzo stated that Tesla continues to hold the 11,500 bitcoins it purchased in early 2021. At current market prices, this is worth approximately $1.1 billion.

Zama Protocol Launches Public Token Sale Registration

Privacy computing blockchain project Zama Protocol has launched registration for its public token sale. Zama is based on fully homomorphic encryption technology, offering enhanced privacy-preserving smart contracts.

WLFI Team Expects Stablecoin USD1 to Enter Top Three Within Two Months

WLFI Wallet team member Dylan_0x stated, “USD1 will enter the top three stablecoins within two months,” and claimed this is not just a guess. Currently, USD1 has a market cap of about $3.43 billion, ranking seventh.

Meme Coin ‘Laoz’ Surges 730x in One Day… Market Cap Exceeds $6 Million

The meme coin ‘Laoz’ on Binance Smart Chain surged 730 times in one day, with its market cap surpassing $6 million. It has since retreated to approximately $5.86 million.