Pre-market Crypto Stock Concept Stocks in the US Stock Market Experience a Downtrend, with BMNR Dropping by 1.21%

**BlackRock Crypto ETF Flows: Ethereum Inflows vs Bitcoin Outflows (Past 2 Weeks)** Per Farside data as of December 5th: - BlackRock’s Ethereum spot ETF has posted **total net inflows of $2.229 billion** over the past two weeks. - Its Bitcoin spot ETF (IBIT) has recorded **total net outflows of $2.756 billion** in the same span. Notable daily moves: - IBIT’s largest single-day net outflow: $88.7 million (December 2nd). - Ethereum ETF’s largest single-day net inflow: $92.6 million (November 24th). The ETH/BTC exchange rate climbed 5.77% during the period, underscoring the divergence in investor sentiment between the two crypto ETFs. This version aligns with U.S. news brief style: concise, scannable, and prioritizes key metrics (total flows, daily extremes, market correlation) with natural, conversational verbs ("posted," "recorded," "climbed") and clear labeling of assets/ETFs.

As of Dec 5, data from Farside indicates BlackRock’s IBIT posted a total net outflow of $275.6 million over the past two weeks. Notable single-day trends include: - Largest single-day net outflow: $1.491 billion on Nov 24 - Largest single-day net inflow: $1.201 billion on Dec 2

December 5th — Per on-chain data, roughly $4 million worth of PIGGY was unusually minted and immediately dumped over the past 15 minutes. The token’s price has plummeted 90% in seconds, with its current market capitalization now at $810,000.

**December 5 Update** Franklin Templeton officially unveiled details of its spot Solana (SOL) ETF on December 5. Key details: - Initial SOL holdings: 17,000 tokens (custodied by Coinbase Custody), with a market value of approximately $2.4 million. - Current circulating shares: 100,000; the ETF charges a 0.19% trading fee. Franklin Templeton noted the firm will stake its SOL holdings to generate rewards, which will be included in its revenue.

On December 5, the U.S. 10-year Treasury note yield rose 2 basis points to 4.12%, hitting a fresh high not seen since November 2020. (FX678)

On December 5, Wang Yongli, former vice president of a Chinese bank, published an article titled **"Why Is China Resolutely Halting Stablecoins?"** In the piece, he noted that China is accelerating digital yuan development and has clearly outlined its policy stance to firmly curb all virtual currencies—including stablecoins. This decision stems from comprehensive considerations: China’s global lead in mobile payments and the digital yuan, RMB sovereignty and security, and the stability of its monetary and financial system. With USD stablecoins spreading globally, international relations growing increasingly tense and complex, and monetary competition intensifying, their impact on the RMB’s innovation, national security, and China’s strategic goals of becoming a strong currency and financial power is significant and far-reaching. Thus, calm analysis and accurate early decision-making are critical—avoiding both indifference/hesitation and blind trend-following that could lead to di