Daily News | BTC ETFs Had A Large Outflow, But BTC Rose Instead of Falling, GT Broke Through $17.7 and Set A New Record High

Crypto Daily Digest: BlackRock IBIT’s single-day outflow hit a new high since its launch, Xterio announced its token economics

According to Farside Investors data, yesterday the U.S. Bitcoin spot ETF had a large net outflow of $240 million, of which BlackRock IBIT had an outflow of $330 million, which was the largest single-day outflow since BlackRock IBIT went online; Fidelity FBTC had a net inflow of $36.2 million, and Bitwise BITB had an inflow of $48.3 million.

Yesterday, the Ethereum spot ETF had a net outflow of $77.5 million, of which Bitwise ETHW had an outflow of $56.1 million and Grayscale ETHE had an outflow of $21.4 million. BlackRock IBIT data has not been updated yet.

Xterio announced XTER token economics, with 28% allocated to the community

Web3 gaming platform Xterio published a post on the X platform stating that the token economics has been announced and the total supply of XTER is 1 billion. The initial circulation of XTER is 112.5 million, and the TGE will be held on January 8. Among them:

-28% for the community, and 20 million tokens will be fully unlocked at TGE;

-26% for the eco, and 20 million tokens will be fully unlocked at TGE;

-15% for the investors;

-12% for the team;

-9% for marketing, and 15 million tokens will be fully unlocked at TGE;

-4.25% for the vault, and 5.75% of the tokens are used to provide liquidity and stake when TEG.

VanEck research director: The probability of the U.S. approving SOL ETFs in 2025 is “extremely high”

Crypto prediction platform Polymarket previously stated that the probability of a Solana ETF being listed in the United States in 2025 is approximately 77%.

Matthew Sigel, head of research at VanEck, said the forecast was “underestimated.” In June 2024, VanEck and rival asset management company 21Shares sought permission from U.S. regulators to list the spot Solana ETF. In November last year, shortly after Trump won the U.S. presidential election, Matthew Sigel said the probability of the U.S. approving the SOL ETF in 2025 was “extremely high.”

Some AI concept tokens fell back, and ELIZA fell 31.3% in 24 hours

According to Gate.io market information, some AI concept tokens fell in the market today, including:

-ELIZA fell 31.3% in 24 hours, and its market cap is now $112 million;

-SPORE fell 25.1% in 24 hours, and its market cap is now $52.85 million;

-GAME (GAME by Virtuals) fell 21.8% in 24 hours, with a market cap of $299 million;

-LUNA (Luna by Virtuals) fell 21% in 24 hours and its market cap is now $138 million.

Market Trends: GT hit a new record high, trending AI Agent concept tokens pulled back

Market Hotspots

GT broke through $17.7, setting a new record high; according to Doctor.Han, 2024 is the fastest growing year for Gate.io in 11 years. Gate.io users exceeded 20 million, achieving 50% user growth, 100% transaction volume growth (doubled), 200% reserve growth (tripled), and 300% GT market cap growth (quadrupled). In addition, Gate.io platform reserves exceeded $10 billion, and GT also reached a record high in Q4 with the growth of the entire platform. Startup sent out a total of $33.49 million in airdrop rewards throughout the year, and Yubibao brought $100 million in interest to financial management users.

GameFi token MAGIC surged 20% in the day. MAGIC’s performance in this round of market performance was significantly lower than that of popular track tokens, and also lower than that of BTC. MAGIC surged because Shaw, the founder of ai16z, was previously an important member of the Magic project, and AI Agent’s overheated funds turned their attention to other related targets in the track.

Trending AI Agent tokens such as VIRTUAL and AIXBT have fallen back, and VIRTUAL has not yet stabilized its market cap of $5 billion. The AI ​​Agent track is overheated, and market sentiment is extremely fomo, indicating that the market may temporarily enter a stage of adjustment;

Mainstream Coins

BTC is back above $97,000. BTC ETFs had a small inflow yesterday. BTC is still bullish in the medium and long term.

ETH is approaching the $3,500 mark again, showing a relatively strong performance.

Altcoins mixed performances, with obvious market capital rotation. Large-cap Altcoins have little room for growth, while small-cap tokens on the chain have more opportunities.

Macro news: US stocks fell overall, US bonds rose, and the US dollar appreciated significantly

The three major U.S. stock indexes closed down collectively, with the S&P 500 down 0.22% to 5,868.55 points, the Dow Jones down 0.36% to 42,392.27 points, and the Nasdaq down 0.16% to 19,280.79 points. The benchmark 10-year U.S. Treasury yield was 4.57%, and the 2-year Treasury yield, which is most sensitive to the Fed’s policy rate, was 4.25%.

HSBC Global Research analysts said the strong rise in US Treasury yields and the subsequent appreciation of the US dollar were the most important market developments of the past few weeks. These gains were driven by “another round of unexpectedly positive signs of US economic activity and signs of a renewed rise in US inflation”, which, together with the Federal Reserve’s December rate cut, have led to a sharp adjustment in US interest rate expectations.