1 Summary

1 This week, the stablecoin issuance increased by 400 million US dollars, but the net outflow from mainstream exchanges was 280 million US dollars.

2 BTC had a net inflow of 12,000 to the exchange, the first net inflow in nearly two months, which deserves close attention.

3 Bitcoin ETH funds are in a state of flux, with a net outflow of 560 million USD on May 1, totaling 563 million USD. However, on May 3, a net inflow of 378 million USD occurred.

2 Stablecoin total market value

In the past week, the total market value of stablecoins increased from 150.2 billion to 150.6 billion US dollars, and the market issued an additional 400 million US dollars. For mainstream stablecoins, USDT increased from 110.5 billion US dollars to 110.8 billion US dollars, with an additional issuance of 300 million US dollars. For USDC, it increased from 33.4 billion US dollars to 33.5 billion US dollars, with an additional issuance of 100 million US dollars.

3. Stablecoin stocks on mainstream exchanges

On Binance, USDT dropped from 26.62 billion to 26.56 billion, with a net outflow of 60 million USD. Fdusd dropped from 3.82 billion to 3.28 billion, with a net outflow of 530 million USD. USDC increased from 1.3 billion to 1.4 billion, with a net inflow of 100 million USD.

On OK Exchange, USDT increased from 5.9 billion to 6.05 billion USD, with a net inflow of 150 million USD. USDC entered 40 million USD.

Overall, there was a net outflow of $280 million from Binance and OK.

4 BTC/ETH stocks on exchanges

In the past week, the BTC stock in the exchange increased from 2.323 million to 2.334 million, with a net inflow of 11,000. ETH increased from 12.75 million to 12.76 million, with a net inflow of 10,000.

5 ETF data

In the past week, the funding situation of ETH was like ice and fire. First, it attracted the largest net outflow on May 1, with a total of 563 million US dollars. Then on May 3, it once again ushered in the largest net inflow in the past month, with a total of 378 million US dollars. It can be seen that ETF funds also have great differences in their views on the future market.