Bitcoin spot ETF net outflows for 5 consecutive trading days…254 billion KRW
On the 24th local time, according to Trader T, the net outflow of the US Bitcoin spot ETF was $175.3 million (approximately 254 billion KRW). This marks the fifth consecutive trading day of net outflows. BlackRock IBIT net outflow was $91.4 million, Fidelity FBTC net outflow was $17.2 million, Bitwise BITB net outflow was $13.3 million, Ark Invest ARKB net outflow was $9.9 million, Franklin EZBC net outflow was $5.1 million, VanEck HODL net outflow was $8 million, Grayscale GBTC net outflow was $24.6 million, and Grayscale Mini BTC net outflow was $5.8 million. No ETFs recorded net inflows on that day.
Ethereum spot ETF net outflows for 2 consecutive trading days
On the 24th local time, according to Farside Investors, the US Ethereum spot ETF net outflow was $52.8 million (approximately 76.5 billion KRW). This marks the second consecutive trading day of net outflows. Grayscale ETHE net outflow was $33.8 million, leading the fund flow; BlackRock ETHA net outflow was $22.3 million. The remaining ETFs did not experience net inflows or outflows.
Transfer of 300 million USDC… from anonymous address → Binance
According to Whale Alert, 300 million USDC were transferred from an anonymous address to a Binance address. The scale amounts to $300 million.
Major Russian securities exchanges: Cryptocurrency trading can start once regulatory framework is ready
According to Ublockchain, Russia’s major securities exchanges, Moscow Exchange and Saint Petersburg Exchange, are prepared to launch cryptocurrency trading. Both exchanges stated that once the legal framework is in place, they can start cryptocurrency trading. According to the regulatory draft, both individual and institutional investors can participate in cryptocurrency trading, with a annual trading limit of 300,000 rubles (about $4,000) for individual investors. Institutional investors are expected to be able to trade cryptocurrencies other than privacy coins without restrictions. Previously, Bloomberg reported that the Russian government is inclined to allow ordinary individual investors to invest in cryptocurrencies and is pushing forward relevant legislation.
Upbit to conduct server maintenance on January 1… deposits and withdrawals temporarily suspended
Upbit announced that, to conduct periodic audits of digital assets and custodial funds, digital asset deposits and withdrawals will be suspended from 8:00 PM on December 31 to 8:00 AM on January 1. KRW deposits and withdrawals will be limited from 2:00 AM to 8:00 AM on January 1.
Binance BTC/USD1 trading pair plummeted to $24,111 yesterday
According to Ublockchain, yesterday, the Binance BTC/USD1 trading pair saw Bitcoin’s price drop to $24,111. It has since recovered to $87,880. USD1 is a stablecoin issued by the Trump family’s World Liberty Financial.
BTC perpetual contract long-short positions across three major futures exchanges
Based on open interest, the recent 24-hour long-short ratio for BTC perpetual contracts on the three major global cryptocurrency futures exchanges is as follows:
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
[Evening News Brief] Bitcoin Spot ETF experiences net outflows for 5 consecutive trading days… 254 billion KRW outflow
Bitcoin spot ETF net outflows for 5 consecutive trading days…254 billion KRW
On the 24th local time, according to Trader T, the net outflow of the US Bitcoin spot ETF was $175.3 million (approximately 254 billion KRW). This marks the fifth consecutive trading day of net outflows. BlackRock IBIT net outflow was $91.4 million, Fidelity FBTC net outflow was $17.2 million, Bitwise BITB net outflow was $13.3 million, Ark Invest ARKB net outflow was $9.9 million, Franklin EZBC net outflow was $5.1 million, VanEck HODL net outflow was $8 million, Grayscale GBTC net outflow was $24.6 million, and Grayscale Mini BTC net outflow was $5.8 million. No ETFs recorded net inflows on that day.
Ethereum spot ETF net outflows for 2 consecutive trading days
On the 24th local time, according to Farside Investors, the US Ethereum spot ETF net outflow was $52.8 million (approximately 76.5 billion KRW). This marks the second consecutive trading day of net outflows. Grayscale ETHE net outflow was $33.8 million, leading the fund flow; BlackRock ETHA net outflow was $22.3 million. The remaining ETFs did not experience net inflows or outflows.
Transfer of 300 million USDC… from anonymous address → Binance
According to Whale Alert, 300 million USDC were transferred from an anonymous address to a Binance address. The scale amounts to $300 million.
Major Russian securities exchanges: Cryptocurrency trading can start once regulatory framework is ready
According to Ublockchain, Russia’s major securities exchanges, Moscow Exchange and Saint Petersburg Exchange, are prepared to launch cryptocurrency trading. Both exchanges stated that once the legal framework is in place, they can start cryptocurrency trading. According to the regulatory draft, both individual and institutional investors can participate in cryptocurrency trading, with a annual trading limit of 300,000 rubles (about $4,000) for individual investors. Institutional investors are expected to be able to trade cryptocurrencies other than privacy coins without restrictions. Previously, Bloomberg reported that the Russian government is inclined to allow ordinary individual investors to invest in cryptocurrencies and is pushing forward relevant legislation.
Upbit to conduct server maintenance on January 1… deposits and withdrawals temporarily suspended
Upbit announced that, to conduct periodic audits of digital assets and custodial funds, digital asset deposits and withdrawals will be suspended from 8:00 PM on December 31 to 8:00 AM on January 1. KRW deposits and withdrawals will be limited from 2:00 AM to 8:00 AM on January 1.
Binance BTC/USD1 trading pair plummeted to $24,111 yesterday
According to Ublockchain, yesterday, the Binance BTC/USD1 trading pair saw Bitcoin’s price drop to $24,111. It has since recovered to $87,880. USD1 is a stablecoin issued by the Trump family’s World Liberty Financial.
BTC perpetual contract long-short positions across three major futures exchanges
Based on open interest, the recent 24-hour long-short ratio for BTC perpetual contracts on the three major global cryptocurrency futures exchanges is as follows:
All exchanges: Long 50.19% / Short 49.81%
Binance: Long 50.08% / Short 49.92%
OKX: Long 50.29% / Short 49.71%
Bybit: Long 51.01% / Short 48.99%