Crypto Pulse- BTC Spot ETF Net Outflow of $65 Million, Optimism Mainnet “Fault Proof” System Launched

6/12/2024, 2:46:08 AM
Beginner
CryptoPulse
Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.

Preface:
Bitcoin and Ethereum have dropped by 2.62% and 3.51%, respectively, in the past 24 hours, with the ETH/BTC rate holding at 0.05. The Crypto Market Fear & Greed Index is at 74, continuing to show signs of greed.

Recent Spotlight

The best performer recently is GNO, with a 24-hour increase of 10.44%, bringing its price to $351.27 and its market cap to $915 million. Gnosis is a decentralized infrastructure built for the Ethereum ecosystem. Founded in 2015, its products include Gnosis Safe (multisig and programmable accounts), Gnosis Chain, Gnosis Protocol (CoWSwap), and Gnosis Auction, among others. The Gnosis Chain uses a unique dual-token model with the stablecoin XDAI and the governance token GNO (formerly STAKE). XDAI is a stablecoin pegged 1:1 to the US dollar, used for transactions and paying fees, while GNO supports the underlying PoS consensus mechanism. The total supply of GNO is 3,000,000, with 86% already in circulation. On March 8, Gnosis officially announced the vision and roadmap for Gnosis 3.0, focusing on revolutionizing payment and financial infrastructure and bridging the gap between blockchain technology and everyday applications.

Check Out the Latest Prices, Charts, and Data of GNO/USDT Spot!

The Word on the Street

According to SEC filings, the New York Stock Exchange (NYSE) Arca has proposed a rule change to allow it to list and trade shares of the ProShares Ethereum ETF. The SEC will seek public comments on the ETF application for 21 days following its publication in the Federal Register and will have 45 days to approve, deny, or extend its decision. On May 23, the U.S. Securities and Exchange Commission officially approved the 19b-4 applications of eight asset management companies, allowing them to list and trade spot Ethereum ETFs on U.S. exchanges for the first time. The final approval requires the SEC to sign off on the S-1 registration statements for the spot Ethereum ETFs before they can officially begin trading, a process that could take months, but some experts expect completion around July. The launch of the Ethereum ETF could significantly boost market demand, potentially sparking a new stimulus for the crypto market.

Spot Bitcoin ETF Flows

The latest data from June 11 shows a negative inflow for Bitcoin ETFs for the first time in a month. IBIT had a net inflow of $6.3 million, while GBTC had a net outflow of $39.5 million, and BTCO had a net outflow of $20.5 million. Benefiting from increasing judicial and legislative support for Bitcoin, favorable macro adjustments for cryptocurrencies, declining yields, and rising expectations for rate cuts, last week saw a cumulative ETF inflow of $1.828 billion. In the backdrop of rapidly growing demand for cryptocurrency investments, these ETF products generated about $3.3 billion in inflows over the past month, bringing the total inflow to nearly $15 billion. With the delay in U.S. rate cut expectations and the impact of fund diversion due to the launch of the Ethereum spot ETF. Bitcoin spot ETFs experienced negative inflows, leading to a flat market trend. Investors are watching the CPI index, the latest Fed rate decision, and May inflation data.

Check Out the Latest Prices, Charts, and Data of BTC/USDT Spot and BTCUSDT Perp!

Project Upgrade


Optimism, a Layer-2 blockchain, aims to help Ethereum users transact quickly and reduce fees. Its technology underpins some of the leading DApps in the blockchain space. However, Optimism has faced a long-standing issue. Its security design has been missing a core feature: “fault proof.” On Monday, this long-promised technology finally went live on the Optimism mainnet. Fault proofs ensure the integrity of Optimism’s Layer-2 chain by preventing operators from passing inaccurate transaction data to Ethereum’s Layer-1 ledger and supporting the decentralized withdrawal mechanism of the Layer-2 chain.

Check Out the Latest Prices, Charts, and Data of OP/USDT Spot and OPUSDT Perp!

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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Crypto Calendar
Tokenlar Kilidini Aç
Aptos, 11 Ekim'de yaklaşık 2,15% oranında, mevcut dolaşımdaki arzın yaklaşık 11.310.000 APT tokenini serbest bırakacak.
APT
2.48%
2025-10-10
Tokenların Kilidi Açılıyor
Aethir, 12 Ekim'de yaklaşık 1,260,000,000 ATH token'ı serbest bırakacak ve bu da mevcut dolaşımdaki arzın yaklaşık %12.73'ünü oluşturacak.
ATH
-3.19%
2025-10-11
1.26B Token Kilidi
Aethir, tokenleri UTC ile 10:00'da açar.
ATH
-3.19%
2025-10-11
Proje Güncellemeleri
Coinbase, 14 Ekim ile 17 Ekim tarihleri arasında tüm MATIC Token'larını POL'e yükseltecek. Göç süresince, MATIC Stake'lerinin ödülleri birikmeyecek.
POL
-1.74%
2025-10-14
Hackathon
Pi Network, Açık Ağ'ın debutundan sonra ilk büyük geliştirici zorluğu olan Pi Hackathon 2025'i resmi olarak başlattı. Bu hackathon, geliştiricileri gerçek dünya faydası sunan ve ekosistemi geliştirmeye yardımcı olan Pi destekli uygulamalar tasarlamaya ve başlatmaya davet ediyor - toplam ödül havuzu 160.000 Pi. Pi2Day 2025'ten gelen inovasyon momentumunu temel alarak, yarışma günlük kullanım araçlarından tamamen yeni uygulama kavramlarına kadar geniş bir yelpazede fayda odaklı fikirleri teşvik ediyor. Tüm başvurular Ana Ağ Listeleme Gereksinimlerini karşılamalı ve Pi topluluğuna somut değer sağlamalıdır. Teşvikler ve Ödüller: 1. Yer: 75.000 Pi 2. Yer: 45.000 Pi 3. Yer: 15.000 Pi 5 Onur Belgesi: 5.000 Pi her biri Ana Tarihler: 15 Ağustos: Kayıt açılır ve takım oluşturma başlar 21 Ağustos: Hackathon resmi olarak başlar 19 Eylül: Ara kontrol (isteğe bağlı, ancak mentorluk ve görünürlük sağlayabilir) 15 Ekim: Nihai başvurular, uygulama listeleme ve demo videosu dahil olmak üzere son tarih Geliştiricilerin, Pi App Studio, Brainstorm, Geliştirici Portalı ve açık kaynak kaynaklarını (PiOS) ile birlikte AI araçlarından yararlanmaları teşvik edilmektedir.
PI
-9.11%
2025-10-14

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