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Hong Kong's spot bitcoin ETFs saw daily outflows, local ether ETFs stable with no new flows
Hong Kong's spot bitcoin ETFs saw daily outflows, local ether ETFs stable with no new flows

Hong Kong’s three spot ether ETFs saw no flows on Thursday, while the spot bitcoin ETFs recorded a net outflow of 25.63 BTC.

The Block·2024/05/24 06:31
Spot bitcoin ETFs record net inflows for nine straight days
Spot bitcoin ETFs record net inflows for nine straight days

U.S. spot bitcoin exchange-traded funds saw $107.91 million worth of net inflows on Thursday.Fund inflows from Fidelity, VanEck and others outweighed outflows from Grayscale’s GBTC.The SEC approved eight spot ether ETFs later on Thursday.

The Block·2024/05/24 04:58
Flash
08:59
Circle has minted an additional $500 million USDC on Solana in the last half hour
BlockBeats News, June 8th, according to Whale monitoring, Circle issued another 250 million USDC on Solana today at 16:53 (UTC+8). Within approximately half an hour, it has issued a total of 500 million USDC on Solana.
08:28
Institution: Tech Stock Plunge Not an AI Logic Reassessment, Key is to Watch Giant Capex Slowdown
BlockBeats News, June 8th. The Asian market on Monday continued last week's brutal sell-off, with the South Korean KOSPI index plummeting over 8%, led by the semiconductor sector. Mark Vale, Investment Director at Lucerne Asset Management, stated, "This wave of movement appears to be more of a unwind of positions and momentum strategies, rather than a reassessment of the long-term artificial intelligence story. South Korean tech stocks have long been among the best-performing stocks globally. With a highly concentrated market positioning, these stocks naturally became a source of liquidity when interest rate expectations shifted after last week's non-farm payroll report. The key question now is whether the AI spending of mega-cap companies will slow down. At this stage, we have not seen evidence of this."
08:26
Micron Technology Rises Over 7% in Pre-Market Trading
On June 8, Micron Technology rose over 7% in pre-market trading, following news that the company is set to be included in the SP 500 index.
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