flows

The Flow Protocol launched its first Agent-driven token auction early this morning, attracting over $100,000 in bidding funds in just 9 minutes, ultimately accepting a bid of approximately $79,732.The auction is built on the Uniswap CCA (Continuous Clearing Auction) framework, specifically designed for AI Agents, allowing only AI Agents to participate in bidding, price discovery, and token issuance. After the auction concludes, the raised funds are automatically paired with FLOWS and injected into the Uniswap V4 liquidity pool, using the auction "clearing price" as the starting price, making FLOW immediately tradable, and becoming the first "Agentic Capital Markets" model project on Base. This mechanism upgrades the traditional Launchpad to be AI-native, allowing humans to enable Agents to participate automatically by building "skills," achieving decentralized and anti-sniping price discovery.

The ETF Store President Nate Geraci stated that during the recent Bitcoin price correction, the overall holdings of spot Bitcoin ETF investors remained relatively stable.Data shows that since Bitcoin reached an all-time high in early October, spot Bitcoin ETFs have seen a cumulative net outflow of approximately $6.5 billion. However, compared to the cumulative net inflow of $55 billion attracted since January 2024, the outflow proportion is relatively limited. Geraci also pointed out that in the past three days, spot Bitcoin ETFs have recorded over $1 billion in net inflow.

According to GMGN data, the top 5 tokens with net inflows from KOL in the past 24 hours are as follows:DOH (DGhY....ump): Net inflow of $5,000, with a 24-hour increase of 7671.7%, currently priced at $0.0002.KURO (7H2k....BLV): Net inflow of $1,000, with a 24-hour increase of 135%, currently priced at $0.0004.Lobstar (AVF9....ump): Net inflow of $1,000, with a 24-hour decrease of -31.1%, currently priced at $0.0028.PeaceClaude (CrTT....ump): Net inflow of $1,000, with a 24-hour increase of 564.6%, currently priced at $0.0001.STANCIL (E6zf....ump): Net inflow of $940, with a 24-hour increase of 3.7%, currently priced at $0.0002.

U.S. lawmakers have recently resumed discussions on the yield mechanisms of stablecoins, with some legislators expressing concerns that the yields offered by stablecoins could lead to a drain on bank deposits and blur the lines between crypto products and traditional bank deposits.During a Senate Banking Committee hearing, Senator Angela Alsobrooks stated that while she supports financial innovation, the yield mechanisms of stablecoins could create products similar to bank deposits but lack corresponding regulatory and protective measures, potentially leading to future deposit outflow risks. The issue of stablecoin yields has been one of the core topics in legislative negotiations within the crypto market. The stablecoin bill GENIUS, passed in 2025, has prohibited stablecoin issuers from directly paying interest to holders, but it has not banned third-party platforms like Coinbase from offering rewards to users for holding coins.Banking professionals believe that allowing stablecoins to offer yields would undermine the deposit base of the traditional banking system. A previous study by the Independent Community Bankers of America indicated that if stablecoin yield mechanisms were fully opened, bank deposits could decrease by approximately $1.3 trillion, leading to a reduction of about $850 billion in community bank loans. The crypto industry, however, argues that restricting stablecoin yields would stifle innovation. Some industry insiders have stated that there is currently no evidence to suggest a significant correlation between the proliferation of stablecoins and the outflow of bank deposits.Senator Thom Tillis has indicated that he will request regulators to conduct an independent assessment of the risks of deposit outflow that stablecoins may trigger. Meanwhile, the White House has recently organized multiple rounds of meetings between banks and crypto companies, hoping to reach a solution on the issue of stablecoin yields by the end of this month.

According to SoSoValue data, yesterday (Eastern Time, February 25) the total net inflow of Ethereum spot ETFs was $157 million.The Ethereum spot ETF with the highest net inflow yesterday was Fidelity ETF FETH, with a net inflow of $61.9449 million for the day. Currently, FETH's historical total net inflow has reached $2.524 billion.Following that was Grayscale Ethereum Trust ETF ETHE, with a net inflow of $33.8692 million for the day. Currently, ETHE's historical total net outflow has reached $5.154 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.842 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.73%. The historical cumulative net inflow has reached $11.641 billion.

According to SoSoValue data, yesterday (Eastern Time, February 25) the total net inflow for Bitcoin spot ETFs was $507 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Blackrock ETF IBIT, with a net inflow of $297 million. Currently, the historical total net inflow for IBIT has reached $61.563 billion.Following that is the Grayscale ETF GBTC, with a net inflow of $102 million. Currently, the historical total net outflow for GBTC has reached $25.874 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $87.604 billion, and the ETF net asset ratio (market cap relative to total Bitcoin market cap) is 6.34%, with a historical cumulative net inflow of $54.573 billion.

According to the Bitfinex Alpha report, the Bitcoin market remains in a high time frame downtrend due to weak inflows from Bitcoin spot ETFs and continued selling by large holders.The report notes that although Bitcoin has rebounded 20% from its low on February 5, it has not yet confirmed a bottom. So far this year, the U.S. Bitcoin spot ETFs have seen a cumulative net outflow of $2.6 billion, and the "ETF fatigue" among institutional investors has intensified selling pressure. On-chain data shows that approximately 64% of the inflow funds to exchanges currently come from large holders (whales), marking the highest ratio since October 2015.Additionally, affected by U.S. tariff policies and macroeconomic uncertainty, options traders are once again paying a premium for downside risk, leading to a cautious market sentiment. Currently, the realized price of $53,000 is seen as a key support level for the mid-term market.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $204 million.The Bitcoin spot ETF with the highest net inflow yesterday was the VanEck ETF HODL, with a net inflow of $6.3535 million for the day, bringing HODL's historical total net inflow to $1.129 billion. The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $116 million for the day, and IBIT's historical total net inflow currently stands at $61.186 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $80.738 billion, with an ETF net asset ratio (market cap relative to total Bitcoin market cap) of 6.26%, and the historical cumulative net inflow has reached $53.809 billion.

According to SoSoValue data, last week's trading days (Eastern Time from February 16 to February 20) saw a net outflow of $123 million for Ethereum spot ETFs.The Ethereum spot ETF with the highest net outflow last week was the Blackrock ETF ETHA, with a weekly net outflow of $102 million, and the total historical net inflow for ETHA currently stands at $11.88 billion. Following that is the Fidelity ETF FETH, with a weekly net outflow of $7.88 million, and the total historical net inflow for FETH currently stands at $2.47 billion.The Ethereum spot ETF with the highest net inflow last week was the 21Shares ETF TETH, with a weekly net inflow of $688,000, and the total historical net inflow for TETH currently stands at $17.09 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.14 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 4.68%, and the total historical net inflow has reached $11.52 billion.

According to SoSoValue data, last week's trading days (Eastern Time from February 16 to February 20) saw a net outflow of $316 million from Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net outflow last week was Blackrock ETF IBIT, with a weekly net outflow of $303 million, and the historical total net inflow for IBIT currently stands at $61.30 billion. Following that was Fidelity ETF FBTC, with a weekly net outflow of $19.5955 million, and the historical total net inflow for FBTC currently stands at $10.96 billion.The Bitcoin spot ETF with the highest net inflow last week was Grayscale Bitcoin Trust BTC, with a weekly net inflow of $35.9735 million, and the historical total net inflow for BTC currently stands at $2.09 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $85.31 billion, with an ETF net asset ratio (market cap as a percentage of total Bitcoin market cap) reaching 6.30%, and the historical cumulative net inflow has reached $54.01 billion.

According to The Block, in the current bear market environment, the inflow of funds to Bitcoin trading platforms is dominated by large holders. Data shows that the whale ratio on trading platforms has risen to 0.64, the highest level since October 2015, indicating that 64% of the Bitcoin inflow to trading platforms comes from the top ten single deposit addresses, showing that large investors are leading the sell-off.At the same time, the average single transaction inflow to Bitcoin trading platforms has risen to 1.58 BTC, the highest level since the mid-point of the last bear market in June 2022. However, after Bitcoin pulled back to around $60,000 earlier this month, total inflows to trading platforms briefly surged to about 60,000 BTC (the highest since November 2024), before falling back to a 7-day average of about 23,000 BTC, a decrease of about 60% from the peak, indicating that the phase of panic selling has eased, but the overall inflow level is still higher than in previous months.In terms of altcoins, selling pressure is also evident. Since 2026, the average daily number of deposits for altcoins on trading platforms has been about 49,000, a 22% increase from about 40,000 in the fourth quarter of 2025. CryptoQuant points out that high altcoin deposits usually indicate rising volatility and reflect weak market confidence in non-Bitcoin assets. Additionally, the inflow of stablecoins has significantly declined. The daily net inflow of Tether (USDT) to trading platforms has dropped from a peak of $616 million in November 2025 to about $27 million recently, with multiple instances of net outflows during this period, including a single-day net outflow of $469 million on January 25, 2026.The institution believes that the decrease in stablecoin inflows means that the "ammunition" for marginal buying has diminished. Overall, CryptoQuant believes that the current market structure shows characteristics of concentrated Bitcoin selling at whale addresses, widespread distribution of altcoins, and a contraction in stablecoin liquidity, indicating that in the ongoing bear market phase, market demand is limited, and prices face further volatility risks.

Coinbase CEO Brian Armstrong posted on the X platform that Coinbase holds over 80% of the BTC and ETH ETF assets in the U.S. and achieved a peak ETF fund inflow of $31 billion in 2025.Coinbase is currently a partner of many ETF providers, including large financial institutions and governments. Coinbase regularly conducts penetration testing with top cryptographers, holds multiple related technology patents, and continuously performs security audits.

Italian bank UniCredit's strategist Thomas Strobel stated that the recent decline in Bitcoin primarily reflects weak market sentiment and macro pressures. Although the easing of regulatory uncertainty in the U.S. has somewhat reduced policy risks, the bank maintains a neutral stance, estimating Bitcoin's fair value at around $75,000. If the price falls about 35% below this level, particularly if it remains below $50,000, it may indicate a deeper structural shift.For Bitcoin prices to recover, they will need to rely on improved market sentiment, a rebound in ETF inflows, and an overall better liquidity environment.

According to SoSoValue data, yesterday (Eastern Time, February 18) saw a total net outflow of $133 million from Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, which had a net outflow of $84.1949 million. Currently, the historical total net inflow for IBIT stands at $6.1403 billion.Following that is the Fidelity ETF FBTC, which had a net outflow of $49.0749 million yesterday. Currently, the historical total net inflow for FBTC is $10.939 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $83.625 billion, with an ETF net asset ratio (market cap as a percentage of total Bitcoin market cap) of 6.31%. The historical cumulative net inflow has reached $54.091 billion.

According to SoSoValue data, yesterday (Eastern Time, February 17) the total net inflow for Ethereum spot ETFs was $48.6305 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $22.8947 million. Currently, the historical total net inflow for ETHA has reached $12 billion.Following that is the Fidelity ETF FETH, with a single-day net inflow of $14.4129 million. Currently, the historical total net inflow for FETH has reached $2.488 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.467 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) of 4.76%. The historical cumulative net inflow has reached $11.697 billion.

According to SoSoValue data, yesterday (Eastern Time, February 17), the XRP spot ETF had no net inflow or outflow throughout the day, showing a zero change status.As of the time of writing, the total net asset value of the XRP spot ETF is $1.064 billion, with an XRP net asset ratio of 1.17%, and the historical cumulative net inflow has reached $1.229 billion.

According to The Block, CoinShares' latest report shows that global crypto asset ETPs have experienced net outflows for the fourth consecutive week, with approximately $173 million flowing out last week. Over the past four weeks, total outflows have reached $3.74 billion, indicating that the trend of capital withdrawal from the market continues.The report notes that although the weekly outflow has slowed from a peak of about $1.7 billion at the beginning of the month, the overall selling pressure has not reversed. James Butterfill stated that the current data reflects that crypto fund capital has been undergoing a withdrawal cycle for a continuous month. In terms of trading activity, ETP trading volume has significantly cooled, dropping from a record $63 billion the previous week to $27 billion, indicating that speculative trading enthusiasm has declined in tandem with capital outflows.In terms of capital flow, approximately $575 million was recorded as inflow at the beginning of last week, but this was followed by about $853 million in outflows, primarily influenced by weakening prices. On Friday, boosted by weaker-than-expected CPI data, there was a brief inflow of about $105 million. There is a clear regional divergence. The U.S. market recorded approximately $403 million in outflows last week, while other regions collectively saw about $230 million in inflows, with Germany leading at approximately $115 million, followed by Canada at about $46.3 million and Switzerland at about $36.8 million, indicating that capital demand is shifting towards overseas markets.In terms of asset classes, Bitcoin-related investment products saw the largest outflows last week, totaling about $133 million; short Bitcoin products also experienced outflows of about $15.4 million over the past two weeks, a phenomenon that CoinShares notes typically occurs when the market approaches a cyclical low. Ethereum funds recorded outflows of about $85.1 million, while some altcoins still attracted inflows, with XRP seeing inflows of about $33.4 million, Solana about $31 million, and Chainlink about $1.1 million.In terms of prices, Bitcoin fell nearly 2% over the past week, remaining below the $70,000 mark; Ethereum, after two weeks of significant outflows, is still below the $2,000 level, and overall market sentiment remains cautious.

According to SoSoValue data, this week the Ethereum spot ETFs experienced a net outflow of $161 million.The Ethereum spot ETF with the highest net outflow this week was the BlackRock ETF ETHA, with a weekly net outflow of $113 million, bringing its historical total net inflow to $11.98 billion. Following that was the Fidelity ETF FETH, with a weekly net outflow of $40.75 million, and its historical total net inflow currently stands at $2.47 billion. The Ethereum spot ETF with the highest net inflow this week was the Grayscale Ethereum Trust ETH, with a weekly net inflow of $49.9 million, and its historical total net inflow has reached $1.71 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $11.72 billion, with an ETF net asset ratio of 4.75%, and the historical cumulative net inflow has reached $11.65 billion.

According to SoSoValue data, this week, the Bitcoin spot ETF experienced a net outflow of $360 million. The Bitcoin spot ETF with the highest net outflow this week was the BlackRock ETF IBIT, with a weekly net outflow of $235 million. Currently, IBIT has a historical total net inflow of $61.61 billion.The second highest was the Fidelity ETF FBTC, with a weekly net outflow of $125 million. Currently, FBTC has a historical total net inflow of $10.98 billion. The Bitcoin spot ETF with the highest net inflow this week was the Grayscale Bitcoin Trust BTC, with a weekly net inflow of $110 million. Currently, BTC has a historical total net inflow of $2.05 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $87.04 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market value) of 6.33%. The historical cumulative net inflow has reached $54.33 billion.

According to Arkham data, at 09:42, 476.03 BTC (worth approximately 27.7 million USD) was transferred from one anonymous address (starting with bc1q7mtf6...) to another anonymous address (starting with bc1qpjkwy...). Subsequently, the address transferred 74.36 BTC to BitGo.