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- 13:12CoinShares: Digital asset investment products saw $352 million in outflows last weekJinse Finance reported that the latest CoinShares report shows that digital asset investment products saw a total outflow of $352 million last week. Trading volume decreased by 27% compared to the previous week, and combined with minor outflows, this indicates a cooling of market interest in digital assets. Year-to-date (YTD) inflows stand at $35.2 billion (annualized), which is 4.2% higher than last year's inflow of $48.5 billion. From a broader perspective, market sentiment remains resilient. Last week, bitcoin still recorded a net inflow of $524 million. Ethereum was the main driver of net outflows this week, with a net outflow of $912 million last week. There were outflows every day over the past 7 trading days, involving numerous ETP issuers. Nevertheless, this year's inflows remain at a high level of $11.2 billion.
- 12:56Michael Saylor: Confident that MSTR will be included in the S&P 500 IndexAccording to Jinse Finance, The Bitcoin Historian reported that Strategy CEO Michael Saylor stated today on a CNBC live program, "I am confident the company will be included in the S&P 500 index. Bitcoin is a 'completely new concept,' and this (inclusion in the S&P 500) will definitely happen." Previously, Strategy (MSTR) failed to be included in the S&P 500 index last Friday. At that time, Michael Saylor responded, "We are thinking about this matter."
- 12:50ETHZilla reaches OTC deal with Cumberland, secures up to $80 million in financing for stock buybackChainCatcher news, according to official sources, Ethereum treasury company ETHZilla announced that it has reached an OTC deal with Cumberland to secure up to $80 million in financing. The net proceeds will be used for the company's stock buyback. Previously, ETHZilla had already repurchased 2.2 million shares of company stock at an average price of $2.5 per share.