1. Yesterday, the net outflow of the US Bitcoin spot ETF was $32.07 million. The net outflow of the Ethereum spot ETF was $41.94 million. The total net inflow of the Solana spot ETF for the day was $1.71 million.


2. The Nasdaq has applied to cancel restrictions on Bitcoin and Ethereum ETF options positions. (Many traditional funds constrained by risk management terms are only allowed to allocate assets when the derivatives market is fully developed. This is the key to unlocking trillion-level funds.)


3. The Bank of Japan has maintained the benchmark interest rate at 0.75%, in line with market expectations. The decision was passed with a voting ratio of 8-1. Due to concerns about fiscal policy, inflation, and geopolitical tensions, as well as ongoing market volatility, the Bank of Japan has chosen to keep interest rates unchanged before next month's election.


4. Yesterday, Trump stated that a 25% tariff will be imposed on all countries that trade with Iran.


5. According to reports from on-chain data analysis platforms, GameStop has transferred all of its Bitcoin holdings to Coinbase Prime, suspectedly preparing to sell all of it.


6. The Indian financial intelligence agency strictly prohibits trading in privacy coins, requiring crypto platforms to delist anonymous tokens and warning of the risks of mixing tools and self-custody wallets.


7. The 21Shares spot Dogecoin ETF has been listed on Nasdaq, becoming the first spot DOGE ETF approved by the SEC in the United States.


8. The American Bankers Association stated that in 2026, it will prioritize the policy of 'curbing interest/yield/reward offerings on payment-type stablecoins' due to concerns that stablecoins may become alternatives to bank deposits, undermining the deposit base and lending capacity of community banks.


9. Las Vegas news channels report that an increasing number of local merchants are beginning to accept Bitcoin payments, citing that the transaction fees for Bitcoin are lower than those of credit cards.


10. Opinion: Analysis indicates that Bitcoin is in a deep bear market relative to gold, with the gold-to-Bitcoin ratio down approximately 55% from its peak, and it has fallen below the critical cost baseline, increasing selling pressure.


#加密市场观察