On the 20th trading day (February 8), all U.S. Bitcoin spot ETFs had a net inflow of approximately US$403 million. Among them, Grayscale’s GBTC capital outflow was approximately US$102 million, BlackRock’s IBIT’s capital inflow was US$204 million, Fidelity’s FBTC capital inflow was US$128 million, Bitwise’s BITB capital inflow was US$60 million, and Ark 21Shares’ ARKB has a net inflow of $86 million, Invesco’s BTCO has a net inflow of $13 million, Valkyrie’s BRRR has a net inflow of $2 million, VanEck’s HODL has a net inflow of $10 million, and WisdomTree’s BTCW has a net inflow of $10 million. 2 million US dollars, Franklin's EZBC was not included in the statistics due to little change in capital flow.

According to monitoring by on-chain analyst @ai\_9684xtpa, PIXEL new coin mining started at 8:00 this morning. The whale, ranked fourth in Blast staking, lent a total of 11,921 BNB through Venus and Radiant, and then deposited it into Binance, worth US$3.83 million. .

Herodotus and StarkWare jointly launched a system called Cairo Verifier aimed at scaling Layer 3 chains on Starknet. Cairo Verifier allows cryptographic proofs to be verified on Layer 2 without going through the Ethereum mainnet, thereby reducing verification costs and delays and helping the growth of Layer 3 application chains on Starknet. Developers note that this will open the door to Layer 3 application-specific blockchains on Starknet.

The "China Monetary Policy Implementation Report for the Fourth Quarter of 2023" just released by the central bank shows that starting from 2020, the People's Bank of China and the Hong Kong Monetary Authority will launch a digital renminbi cross-border payment pilot project and further deepen it in early 2024. At the same time, the multilateral central bank digital currency bridge project jointly participated by the People's Bank of China and the Hong Kong Monetary Authority is progressing smoothly and has completed the world's first pilot test based on real transaction scenarios. In the next step, the People's Bank of China will strengthen cooperation with the Hong Kong Monetary Authority in the field of financial technology, jointly deepen the coordination of financial technology innovation supervision, continue to deepen the cross-border pilot of digital renminbi, and support Hong Kong in building a financial technology hub in the Asia-Pacific region.

According to data released by Bloomberg analyst James Seyffart on Twitter, the total trading volume of the U.S. Bitcoin spot ETF today exceeded US$1 billion. Among them, BlackRock IBIT ranked first, with a trading volume of US$341 million. GBTC follows closely with $296 million. Fidelity’s IBTC ranks third with $200 million. As of February 7, the total trading volume of the U.S. Bitcoin Spot ETF since its listing was $32.7216 billion.

According to data compiled by CryptoQuant, Bitcoin’s miners’ reserves — unsold bitcoins held in digital wallets associated with the company — have fallen by 8,400 coins to 1.8 million since the start of 2024, the last time this happened. Level One is in June 2021. Analysts said the drop indicated miners were selling Bitcoin. Matthew Sigel, head of digital asset research at VanEck, said: “Miners have begun selling more tokens to improve their balance sheets and fund growth capital expenditures in anticipation of the difficult period when profit margins will be halved in April. After the halving, scale will become even more important.”

BlockTower Capital appears to be selling off FXS. Over the past 2 days, the VC sold 150,304 FXS for approximately $10.50 in exchange for 1.51 million USDC, allegedly causing the price to drop approximately 11%. They last sold FXS just 7 hours ago and may soon be selling the last 91,693 FXS (approximately $843,000). Total profit is expected to be $961,000 (+69%).

On-chain analyst Yu Jin tweeted that based on the BTC spot ETF fund inflow/outflow data on February 5, it is expected to witness a fund transfer of approximately 6,699 BTC (approximately US$283.9 million) after the US stock market opens on February 6. Among them, the Grayscale (GBTC) custody address is expected to see an outflow of approximately 2,546 BTC (approximately $107.89 million), while the remaining nine ETF custody addresses are expected to see an inflow of approximately 4,153 BTC (approximately $175.99 million), with BlackRock (IBIT) having the largest inflow , amounting to 3,241 BTC (approximately $137.34 million). Overall, the ten ETFs saw net inflows of approximately 1,607 BTC (approximately $68.1 million), marking the seventh consecutive day of net inflows. Currently, these ten BTC spot ETF custody addresses hold a total of approximately 655,576 BTC (approximately US$27.78 billion).

Fox reporter Eleanor Terrett tweeted that ETF issuer WisdomTree is working closely with the New York State Department of Financial Services (NYDFS) to provide crypto-related products and services to New York customers. Sources say the NYDFS is “very close” to approving WisdomTree’s Limited Purpose Trust Charter, which means the company will be able to conduct digital asset business in New York state. Only nine companies currently have New York state cryptocurrency limited purpose trust licenses, including Coinbase and Fidelity Digital Assets.