ARK Files for Two New Cryptocurrency ETFs to Track CoinDesk 20 Index

On January 24, BitMEX co-founder Arthur Hayes tweeted that if reports of Japanese authorities preparing to intervene in currency markets are accurate, it would be “extremely bullish” for Bitcoin (BTC). His reasoning hinges on this logic: The Federal Reserve creates bank reserves via “money printing,” then sells dollars to buy yen—indirectly intervening in the yen’s exchange rate. Hayes noted that if the Fed is indeed manipulating the yen, its balance sheet would show growth in the “foreign currency-denominated assets” line item—a figure verifiable in the weekly H.4.1 report. The comments come amid the yen’s biggest single-day jump in nearly six months, spurring market speculation about Japanese intervention. Additionally, some traders point to the New York Fed conducting a “rate check” with major banks, fueling questions about Fed involvement.

As of January 24th, data from GMGN monitoring (links: https://gmgn.ai/sol/token/i_m4TE56o8_8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump; https://gmgn.ai/sol/token/i_m4TE56o8_8Jx8AAHj86wbQgUTjGuj6GTTL5Ps3cqxKRTvpaJApump) shows that Solana-based meme coin PENGUIN has surged sharply overnight and this morning. Its market cap has hit a new high of over $50 million, currently sitting at roughly $50.5 million, with a current price of around $0.05. BlockBeats advises users that meme coin trading is highly volatile, primarily driven by market sentiment and concept hype rather than real value or utility. Investors should be aware of the associated risks.

On January 24, Bloomberg Senior ETF Analyst Eric Balchunas noted that silver ETF SLV’s recent return performance has been “notably exaggerated”—yet its net inflows over the past six months total just ~$1 billion, which don’t align with its price gains. In contrast, Bitcoin spot ETF IBIT has pulled in over $6 billion in cumulative inflows even amid a roughly 24% price pullback. Balchunas calls this a “very good signal” for Bitcoin’s long-term outlook. He emphasized that while ETFs often attract capital when markets are favorable, only those that keep drawing inflows through a prolonged downturn and elevated volatility truly exhibit “real strength” as star ETFs.

Jan. 24 — Per ai_9684xtpa monitoring, major ETH holder 0x565…11e55 (who sold ETH on Jan. 22) has launched a new trading round: nine hours ago, he purchased 3,947.97 ETH on-chain at an average price of $2,991.91 (≈$11.91 million), now holding an unrealized loss of $135,000.

As of Jan. 24, Coinglass data shows centralized exchanges (CEXs) saw a net inflow of 1,445.66 BTC over the past 24 hours. The top three CEXs by net inflow are: - Binance: 1,742.35 BTC - Bitfinex: 1,063.94 BTC - Bithumb: 210.42 BTC Additionally, Bitstamp led net outflows with 892.07 BTC.

As of January 24, per alternative data, the cryptocurrency Fear & Greed Index has risen to 25—up from 24 the prior day—while the weekly average over the past seven days stands at 50, signaling the market remains in "Extreme Fear" territory. Note: The index ranges from 0 to 100, comprising the following indicators: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s share of total market capitalization (10%), and Google Trends Analysis (10%).