Market Overview
In the past 24 hours, the price of Bitcoin (BTC) rose by about 1.72% compared with the previous day, opening at $96,644.37 and closing at $98,305.00. The highest price in 24 hours was $98,711.36 and the lowest price was $96,415.09. The current market value of Bitcoin is $1.94 trillion, accounting for 60.3% of the total market value of cryptocurrencies, up about 2.1% from the previous day.
In the past 24 hours, the price of Ethereum (ETH) rose by about 0.83% compared with the previous day, opening at $2715.51 and closing at $2738.04. The highest price in 24 hours was $2770.59 and the lowest price was $2707.18. The current market value of Ethereum is $330.92 billion, accounting for 10.2% of the total market value of cryptocurrencies, up about 1.09% from the previous day.
In the past 24 hours, 86 of the top 100 virtual currencies by market value rose and 14 fell. The top three currencies with the largest increases were IP (85.81%), S (23.68%), and BERA (22.05%). The top three currencies with the largest decreases were BGB (4.03%), XMR (3.03%), and FLR (1.54%).
ETF Data
As of press time, the total assets under management of the US Bitcoin spot ETF is $114.86 billion, with a total transaction volume of $1.91 billion on the previous day and a total outflow of $364 million on the trading day. The total assets under management of the US Ethereum spot ETF is $10.42 billion, with a total transaction volume of $201 million on the previous day and a total outflow of $13.09 million on the trading day.
As of press time, the total asset management scale of Hong Kong Bitcoin Spot ETF is US$415 million, the total transaction volume on the previous day was US$1.01 million, and the total Bitcoin outflow on the trading day was 0 BTC. The total asset management scale of Hong Kong Ethereum Spot ETF is US$54.65 million, the total transaction volume on the previous day was US$187,100, and the total Ethereum outflow on the trading day was 401.06 ETH.
In the past 24 hours, there were 12 transactions on the chain with a single transaction of more than 1,000 BTC, with a total amount of about 1.928 billion US dollars, a decrease of about 49.82% from the previous day, mainly flowing to exchanges and wallet addresses. In the past 24 hours, there were 14 transactions on the chain with a single transaction of more than 10,000 ETH, with a total amount of about 485 million US dollars, a decrease of about 11.82% from the previous day, mainly flowing to exchanges.
The current number of active addresses on the Bitcoin chain is about 700,000, up 2.94% from the previous day, and the current number of active addresses on Ethereum is about 1.02 million, up 27.5% from the previous day. The top 100 Bitcoin addresses account for 14.97% of the holdings, down 0.07% from the previous day, indicating a trend of institutional reduction. The top 100 Ethereum addresses account for about 69.67%, up 0.09% from the previous day, indicating a trend of institutional increase.
The Primus protocol uses MPC-TLS and zkTLS to enable secure computing on untrusted networks without exposing sensitive data. Solayer co-founder said at the Consensus Hong Kong 2025 conference that as the first hardware SVM L1, it can be infinitely expanded, and InfiniSVM TPS is as high as 1 million, surpassing many well-known networks. Galaxy Research Vice President summarizes the Ethereum conference, developers focus on testnet upgrades and other work and determine recommendations. In addition, Drop Money launched deINIT LST for Initia, with rich user returns and intact liquidity.
HODL15Capital said that Australia's BetaShares launched a Bitcoin ETF (QBTC), providing opportunities for investors. CoinList opened the Obol token sale at 1:00 on February 25, with a 30% discount over the VC round, divided into different plans. In addition, Franklin Templeton launched a crypto ETF (EZPZ), the second such product in the United States. As of February 20, about 87% of its assets were BTC and 13% were ETH. In the future, more currencies will be included to create a "one-stop" investment portfolio.
Utah's HB230 bill passed the Senate Taxation Committee on February 20 with a 4-2-1 vote and will enter the follow-up procedures. The bill stipulates the market value standard of reserve assets, and only Bitcoin meets the standard. It also allows the government to participate in the crypto business. The bill has been passed by the House of Representatives. Affected by European regulations, Kraken and Crypto plan to issue stablecoins respectively.
