Yesterday, the Ethereum Spot ETF saw a total net outflow of $12.06 million, marking the 7th consecutive day of net outflows.
On April 17th, according to SoSoValue data, on the previous day (April 16th, in US Eastern Time), there was a total net outflow of $12.06 million in Ethereum spot ETF.
The Ethereum spot ETF that had the highest net inflow on the previous day was Grayscale ETF ETH, with a net inflow of $2.24 million in a single day, and its historical total net inflow reached $570 million.
The Bitcoin spot ETF that had the highest net outflow on the previous day was Grayscale ETF ETHE, with a net outflow of $8.199 million in a single day, and its historical total net outflow reached $4.245 billion.
As of the time of writing, the total net asset value of the Ethereum spot ETF is $5.245 billion, and the ETF net asset ratio (the percentage of market value to the total Ethereum market value) is 2.76%. The historical net inflow has reached $2.244 billion.
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Insider: Galaxy Ventures' new fund is set to close $180 million by the end of June.
On April 17th, as per Bloomberg which cited sources having knowledge of the matter, billionaire Michael Novogratz's Galaxy Ventures Fund I LP has managed to raise $150 million with the aim of establishing around 30 portfolios.
The fund makes investments in early-stage startups, with a particular emphasis on the payment and stablecoin sector. The limited partners of the new fund are mainly family offices and high-net-worth individuals. According to a source that wished to remain anonymous, the fund is anticipated to complete its fundraising by the end of June, and the total amount raised is expected to be between $175 million and $180 million.
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Upbit 24-Hour Spot Trading Volume Ranking: AERGO, ARDR, STRAX in Top Three
On April 17th, according to CoinGecko data, within the past 24 hours, Upbit's trading volume reached 4.07 billion USD. The AERGO/KRW trading pair accounted for 16.67% of the volume and ranked first in the Korean won market. The remaining top 5 are: ARDR, STRAX, XRP, WCT.
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WSJ: Musk's DM to Crypto Influencer Tiffany Fong Asking for Child Denied
On April 17th, as per The Wall Street Journal, the cryptocurrency KOL Tiffany Fong received interactions from Musk on X due to her reporting on the FTX collapse event. As Fong started to release more pro-Trump political content, Musk's interactions with her also increased. Last summer, Musk began to pay attention to her. According to the screenshots shared by Tiffany Fong, during the most active period of interacting with Musk, Fong made $21,000 on the platform within a two-week period in November.
According to sources with knowledge of the matter, Musk directly sent a private message to Tiffany Fong asking if she was interested in having a child for him. The two had never met before.
Tiffany Fong did not continue to get involved with Musk because she wanted to have a child in a more traditional nuclear family setting. However, she shared her thoughts on this matter with several friends, including St. Clair, who had also had a child for Musk. Fong was worried that rejecting Mu
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Cryptocurrency Market Experiences Slight Pullback, with Layer 2 Sector Leading the Decline by 3.47%, While the SocialFi Sector Remains Relatively Resilient
On April 17th, according to SoSoValue data, the crypto market witnessed a slight pullback. The Layer2 sector took the lead in the decline, with a drop of 3.47%. Within this sector, Celestia (TIA) and Movement (MOVE) decreased by 7.38% and 12.28% respectively in the last 24 hours.
The SocialFi sector remained relatively stable and rose by 1.08%. Among them, Toncoin (TON) saw a 1.24% increase.
In other sectors, the Layer1 sector rose by 0.78%. Solana (SOL) and Hyperliquid (HYPE) increased by 3.25% and 4.32% respectively. The CeFi sector rose by 0.52%, with LEO Token (LEO) and Bitget token (BGB) rising by 1.29% and 1.60% respectively. The Meme sector rose by 0.25%, with Fartcoin (FARTCOIN) increasing by 3.80%. The PayFi sector rose by 0.52%, with Bitcoin Cash (BCH) and Ultima (ULTIMA) rising by 3.45% and 3.91% respectively. The DeFi sector fell by 0.58%, but Raydium (RAY) saw a 3.08% increase.
Furthermore, the crypto sector index reflecting historical trends showed that the ssiSocialFi
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