- Market Overview
In the past 24 hours, the price of Bitcoin (BTC) fell by -1.71% compared with the previous day, opening at about $97490.30, closing at $95827.65, with a 24-hour high of $98528.74 and a low of $94887.32. The current market value of Bitcoin is $1.89 trillion, accounting for 60% of the total market value of cryptocurrencies. Historical data shows that the proportion has been steadily rising in recent months.
In the past 24 hours, the price of Ethereum (ETH) fell by -2.27% compared with the previous day, opening at about $2663.05 and closing at $2602.52, with a 24-hour high of $2726.11 and a low of $2572.79. Ethereum's current market value is $312.9 billion, accounting for 10% of the total market value of cryptocurrencies. Driven by the Layer2 ecosystem and the expectation of staking ETFs, it may rise further in the long run.
In the past 24 hours, 28 of the top 100 virtual currencies by market value rose and 72 fell. The top three currencies with the highest increases were JTO (4.03%), FTT (1.36%), and BNB (1.10%). The top three currencies with the largest decreases were ENA (11.86%), SPX (10.54%), and XCN (5.08%).
- ETF Data
As of press time, the total assets under management of the US Bitcoin spot ETF is $116.351 billion, with a total outflow of $56.70 million on the previous trading day. The total assets under management of the US Ethereum spot ETF is $10.024 billion, with a total inflow of $12.60 million on the previous trading day.
As of press time, the total asset management scale of Hong Kong Bitcoin Spot ETF is $425 million, and the total inflow of funds on the previous trading day is $0. The total asset management scale of Hong Kong Ethereum Spot ETF is $56.09 million, and the total inflow of funds on the previous trading day is $0.
In the past 24 hours, there were 7 transactions on the chain with a single transaction exceeding 1,000 BTC, with a total amount of about 1.4 billion US dollars, mainly flowing to wallet addresses. In the past 24 hours, there were 28 transactions on the chain with a single transaction exceeding 1,000 ETH, with a total amount of about 1.2 billion US dollars, mainly flowing to exchanges and institutions.
The current number of active addresses on the Bitcoin chain is about 770,000, and the current number of active addresses on Ethereum is about 600,000. The top 100 Bitcoin addresses account for about 15% of the total holdings, a slight decrease from the previous month, indicating a trend of institutional reduction. The top 100 Ethereum addresses account for about 69% of the total holdings, a slight increase from the previous month, indicating a trend of institutional increase.
AvalonLabs announced that it is actively exploring the application to the U.S. Securities and Exchange Commission (SEC) for the industry's first Bitcoin-collateralized debt listed fund to promote the compliance and popularization of Bitcoin financial products. This move is expected to lower the threshold for Bitcoin financial products to enter the mass market and provide a new path for the crypto industry to move towards the mainstream financial system.
World Liberty Financial (WLFI), a crypto project supported by the Trump family, announced the launch of MacroStrategy, which aims to establish a strategic token reserve, support leading cryptocurrency projects such as Bitcoin and Ethereum, and promote global financial change. The strategy will help WLFI enhance stability, promote growth and build trust, while working with traditional financial institutions to promote asset tokenization.
Several institutions including 21Shares, Bitwise, Canary and VanEck have submitted applications for the Solana spot exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), and the SEC has confirmed that it has received and accepted the relevant documents.
Investment bank Goldman Sachs increased its spot Ethereum exchange-traded fund (ETF) holdings by 2,000% in the fourth quarter of 2024, while increasing its Bitcoin ETF reserves to more than $1.5 billion.
Decentralized lending protocol Wildcat announced that its second version (V2) was launched on the Ethereum network. The cost of deploying to the mainnet was approximately 0.06969 ETH, or about US$180.
