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With one year in the books, spot bitcoin ETFs have generated over $660 billion in trading volume.After amassing over $50 billion in assets under management (AUM) in the past year, BlackRock’s IBIT fund emerged as the clear leader among spot bitcoin ETFs.Bitcoin’s standing as an accepted asset class took on new shape thanks to the new financial instruments.
- 05:35Bitwise: Ethereum is currently in one of its "most deeply undervalued ranges" in yearsThe encrypted asset management company Bitwise analysis pointed out that Ethereum is currently in one of the "most deeply undervalued ranges" for many years. Andre Dragosch, Director of Research at Bitwise Europe, stated that there is a fundamental pricing bias for Ethereum relative to on-chain activity and adoption indicators. Data shows that the Ethereum-to-Bitcoin ratio has fallen to 0.027, down 47% from the same period last year. Although Bitcoin has risen by 3.72% since this year, Ethereum has fallen by 20%. However, Bitwise analysis states that historical data shows that Ethereum has achieved positive returns against Bitcoin in seven out of the past eight years in February, which may indicate an upcoming rebound.
- 05:33Data: The USDC Treasury has issued approximately 88.37 million USDC on the Ethereum chainChainCatcher news, according to Whale Alert monitoring, about 2 minutes ago, USDC Treasury issued approximately 88.37 million USDC on the Ethereum chain.
- 05:31Data: The net inflow of Ethereum spot ETF yesterday was 12.5783 million US dollars, and the net asset ratio of ETF reached 3.14%ChainCatcher News, according to SoSoValue data, the total net inflow of Ethereum spot ETF was 12.5783 million USD on yesterday (Eastern Time February 11). Yesterday, Grayscale's Ethereum Trust ETF ETHE had a single-day net outflow of 0.00 USD, and currently the historical net outflow of ETHE is 3.948 billion USD. Grayscale's Mini Ethereum Trust ETF ETH also had a single-day net outflow of 0.00 USD, with its current total historical net inflow being 612 million USD. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETHA, which had a single-day net inflow of 12.5783 million USD and has reached a total historical net inflow of 4.436 billion USD. As of press time, the total asset value for Ethereum spot ETFs is at approximately $9.843 billion; their Net Asset Value ratio (the proportion compared to the overall market value) stands at about 3.14%, with an accumulated historic influx reaching around $31.69 billion.