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spot ETF had a total net inflow of $475 million on December 26, the first net inflow after net outflows in the past four days. Fidelity ETF FBTC had a net inflow of $254 million. https://sosovalue.com/assets/etf
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The monthly rate of PPI in the United States in December was 0.2%, expected to be 0.3%, and the previous value was 0.40%. The annual rate of PPI in the United States in December was 3.3%, expected to be 3.4%, and the previous value was 3.00%. The annual rate of PPI in the United States in December was the highest since February 2023. The monthly rate of PPI in the United States in December was the lowest since September 2024.
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QCP: Key PPI and CPI data are on the horizon. We think potential surprises could come on the upside, as markets begin to adjust to the reality of a prolonged higher-rate environment, with some even entertaining the possibility of a rate hike. Still, there’s hope for a catalyst. Reports suggest Trump may sign executive orders on day one, addressing “de-banking” and repealing a contentious crypto accounting policy, which could provide a boost to the market.
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On January 13, the total net outflow of Ethereum spot ETF was $39.432 million, and the net outflow continued for 4 days. The Ethereum spot ETF with the largest net inflow yesterday was BlackRock ETF ETHA, with a net inflow of $12.8959 million. https://sosovalue.com/assets/etf/us-eth-spot
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Bithumb, the second largest cryptocurrency exchange in South Korea, will launch Ancient 8 (A8) and DRIFT Korean Won trading pairs. Ancient8 is an Ethereum L2 network that uses Optimism and Celestia technologies. Drift Protocol (DRIFT) is a DEX on Solana. https://feed.bithumb.com/notice/1645410
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According to Wired Italia, Italy's largest banking group, Intesa Sanpaolo, purchased 11 bitcoins with a total value of approximately 1 million euros. This is the first case of a direct cryptocurrency transaction between a financial institution in Italy. https://www.wired.it/article/intesa-sanpaolo-compra-bitcoin/
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