CoinEx Daily: Bitcoin Rebounds to $97,000; IBIT Sets Record for Daily Net Outflows

Overview

Bitcoin rebounds to $97,000; BlackRock’s Bitcoin spot ETF saw a net outflow of 3,412 BTC yesterday, worth approximately $330 million, marking the highest net outflow record since the ETF’s inception.

Daily Macro

Bitcoin Market Status: Bitcoin rebounds; altcoin market shows a general recovery.

Bitcoin ETF Activity: Bitcoin ETFs recorded a net inflow of $84.8million yesterday.

Ethereum ETF Activity: Ethereum ETFs saw a net outflow of $77.5million yesterday.

Macroeconomic Data: Morgan Stanley’s E-Trade is exploring offering cryptocurrency trading.

Daily Focus

SOL

Reason for Focus: Polymarket indicates a 77% chance of a U.S. Solana ETF launching in 2025. VanEck’s research head states this prediction is “undervalued.” Following Trump’s victory in the U.S. presidential election in November 2024, Matthew Sigel suggested the chances of the U.S. approving a SOL ETF in 2025 are “extremely high.”

Related Token Performance (24H):

SOL：: +4%

Market Analysis: In June 2024, VanEck and asset management firm 21Shares sought approval from U.S. regulators to launch a spot Solana ETF.

Next Focus

Virtual

Reason for Focus: Virtual token prices have fallen, and the Virtual Protocol’s ecosystem tokens, including GAME, LUNA, and others, have dropped by over 10%.

Market Analysis: Virtual had significant gains recently, but the lack of major corrections during the rise suggests this decline may be due to profit-taking.