Market Express aims to provide readers with the latest market reports and key digital asset data.
Article author: 0xArthur
Source: ME News
The crypto market has generally rebounded, with Bitcoin (BTC) rising 2.01%, breaking through $87,000, while Ethereum (ETH) rose 0.12%, still fluctuating around $2,900. Notably, MAG7.ssi rose 1.79%, DEFI.ssi rose 0.34%, and MEME.ssi rose 1.28%.
Other standout sectors include: the SocialFi sector rising 3.53% over 24 hours, with Toncoin (TON) rising 4.08%; the PayFi sector rising 2.62%, with Telcoin (TEL) rising 5.11%; the RWA sector rising 2.58%, with MANTRA (OM) rising 12.90%.
In other sectors, the Layer1 sector rose 1.53%, with Sui (SUI) rising 3.70%; the CeFi sector rose 1.52%, with OKB rising 3.20%; the Layer2 sector rose 1.14%, with Zora (ZORA) rising 9.83%; the DeFi sector rose 0.57%, with Uniswap (UNI) rising 3.88%; the Meme sector rose 0.41%, with SPX6900 (SPX) rising 5.86%.
In addition, the AI sector fell 1.37%, but Fartcoin (FARTCOIN) rose 10.30%; the NFT sector fell 1.68%, with APENFT (NFT) down 10.83%;
The crypto sector indices reflecting historical market trends show that ssiGameFi, ssiSocialFi, and ssiRWA indices rose by 4.42%, 3.99%, and 3.18%, respectively.
ETF directional data
According to SoSoValue data, yesterday (Eastern Time December 16) the total net outflow of the Bitcoin spot ETF was $27.7 million.
The Bitcoin spot ETF with the highest net inflow yesterday was the Fidelity ETF FBTC, with a single-day net inflow of $26.7224 million. Currently, the historical total net inflow of FBTC has reached $11.972 billion.
The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a single-day net outflow of $21.1 million. Currently, the historical total net inflow of IBIT has reached $62.521 billion.
As of the time of publication, the total net asset value of the Bitcoin spot ETF is $114.279 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.54%. The historical cumulative net inflow has reached $57.269 billion.
According to SoSoValue data, yesterday (Eastern Time December 16) the total net outflow of the Ethereum spot ETF was $22.4 million.
The Ethereum spot ETF with the highest net outflow yesterday was the Blackrock ETF ETHA, with a single-day net outflow of $22.1 million. Currently, the historical total net inflow of ETHA has reached $12.870 billion.
The second highest net outflow was the Fidelity ETF FETH, with a single-day net outflow of $2.945 million. Currently, the historical total net inflow of FETH has reached $2.644 billion.
As of the time of publication, the total net asset value of the Ethereum spot ETF is $18.172 billion, and the ETF net asset ratio (the market value compared to the total market value of Ethereum) is 5.11%. The historical cumulative net inflow has reached $12.639 billion.
BTC directional data
According to BitcoinTreasuries data, currently 210 listed companies hold a total of 1,087,385 Bitcoins, accounting for 5.17% of the total Bitcoin supply. Among them, the largest holder, Strategy, holds 671,268 Bitcoins, accounting for 61.73% of the holdings of listed companies.
Stablecoin directional data
According to CoinFound data:
USDT market value: $199.02 billion
USDC market value: $78.22 billion
USDS market value: $11.18 billion
USDe market value: $6.55 billion
Market dynamics
Visa has officially allowed U.S. banks to use USDC for settlement after completing a $3.5 billion stablecoin pilot, marking further integration of stablecoins by traditional payment giants and promoting the application of USDC in mainstream finance.
Hong Kong fintech company RedotPay has completed $107 million in Series B financing, highlighting the investment boom in the stablecoin payment sector.
Summary
The overall scale of the stablecoin market remains stable, showing a net issuance state. Short-term trading activity and user participation have slightly declined, but the long-term holding group continues to expand. Short-term sentiment has cooled, but the long-term fundamentals are positive. Overall, during this period, the stablecoin market shows a positive trend, especially with Visa's support for USDC, which is seen as a key milestone for the mainstream adoption of stablecoins, helping to enhance institutional adoption rates and cross-border payment efficiency.
RWA directional data
According to CoinFound data:
Commodity market value: $3.72 billion (+2.42%)
Government bond market value: $1.2 billion (+1.23%)
Institutional fund market value: $2.77 billion (-0.88%)
Private credit market value: $34.51 billion (+1.87%)
U.S. Treasury market value: $8.99 billion (+0.94%)
Corporate bond market value: $260 million (-0.34%)
X-Stock market value: $620 million (-3.08%)
Market dynamics:
The Dubai Multi Commodities Centre collaborates with Crypto.com to promote the on-chain trading of commodities.
Stobox partners with Casper to bring the $144 billion U.S. parking market on-chain.
Coinbase launches a prediction market and tokenized stocks.
Keel initiates a tokenized competition, injecting $500 million into Solana RWA.
Summary:
The market value of RWA (excluding the market value of stablecoins) has surpassed $52 billion, setting a historical high, indicating that real-world assets are gaining significant capital inflow on-chain; continuous cooperation at the institutional level, capital injection, and clear regulations are moving the RWA ecosystem from 'proof of concept' to the 'scalable operation' stage, with the potential to attract more institutional capital into on-chain assets in the short term.
