1. On the first day of launch, the total inflow of 9 spot ETH ETFs reached US$107 million, of which BlackRock ETHA ranked first with an inflow of US$266.5 million
On the first day of listing, the total inflow of 9 spot ETH ETFs reached 107 million US dollars, and the total trading volume exceeded 1.1 billion US dollars. Among them, BlackRock ETHA ranked first with an inflow of 266.5 million US dollars, followed by Bitwise ETHW with an inflow of 204 million US dollars, and Fidellity FETH with an inflow of 71.3 million US dollars. Grayscale ETHE had an outflow of 484 million US dollars.
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2. QCP Capital: The market did not fluctuate as much as expected, and we still maintain a positive view on ETH
ETH volatility has declined across all term structures, and the premium of ETH to BTC volatility has finally reversed. Currently, the volatility of BTC one-week and two-week options trading is 1-3 points higher than ETH. The net inflow on the first day of trading was $107 million, compared to BTC's $655 million, mainly due to the outflow of $484 million from ETHE. We still maintain a positive view on ETH, and it is expected that with the continued attention of institutions, the price trajectory of ETH may gradually approach its historical high.
3. JD.com will issue Hong Kong dollar stablecoin
JD.com will issue a cryptocurrency stablecoin in Hong Kong that is pegged to the Hong Kong dollar at a 1:1 ratio. It will be issued on a public blockchain, and its reserves will consist of highly liquid and credible assets that are securely stored in separate accounts of licensed financial institutions. Previously, the Hong Kong Monetary Authority announced the list of participants in the "sandbox" for stablecoin issuers, with JD.com CoinChain Technology (Hong Kong) ranked first. Liu Peng, CEO of JD.com CoinChain Technology, is currently the vice president of JD.com Technology.
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4. Kraken has successfully distributed BTC and BCH from the Mt.Gox Trust to creditors
Kraken CEO Dave Ripley posted on X that Kraken has successfully distributed BTC and BCH from the Mt.Gox trust to creditors. It has been nearly ten years since Kraken was selected to assist in the investigation and return of customer funds. Dave Ripley said that although it was previously hindered by some meaningless lawsuits, thanks to the trust for preserving the vast majority of BTC during this period and maintaining its value, which undoubtedly benefits all creditors.
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5. Uniswap Labs: UniswapX has undergone a major upgrade
Uniswap Labs officially announced that UniswapX has just undergone a major upgrade, deploying a new auction contract and redesigning the process of order quote information. The upgrade is said to include faster quote experience and transaction execution and more MEV returned to exchangers. Currently, the upgrade is online on the Uniswap web app and will soon be available on the mobile app. It is worth reminding that if the UniswapX filler offers a better price, the exchange will be executed through UniswapX; if Uniswap v2 or v3 offers a better price, the exchange will be executed through AMM.
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