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Wintermute released a weekly market summary stating that the U.S. stock market continued its strong performance, recording a sixth consecutive week of gains, with the Nasdaq index rising 4.5% and the S&P 500 index rising 2.3%, both reaching all-time highs, while small-cap stocks and tech giants strengthened simultaneously. Non-farm payroll data exceeded expectations, with the unemployment rate stable at 4.3%, showcasing a resilient labor market. Despite the turmoil in the Strait of Hormuz, the market viewed it as noise, and the war premium has significantly receded. Iran-U.S. negotiations have returned to square one, with Iran's demands for sovereignty, compensation, and sanctions relief being directly rejected by Trump. This week's CPI data will test the transmission of energy prices to inflation, and with Powell's term ending and Waller taking over, the Fed's June FOMC dot plot will be closely watched.In terms of crypto assets, Bitcoin broke through the $80,000 mark, reaching a peak of around $83,000, marking its first time above the 200-day moving average (for the first time in seven months), but this rise was clearly driven by leverage: open interest surged by $10 billion in one month, while spot trading volume hit a two-year low, indicating a typical short squeeze rather than a healthy breakout. Institutional funding remains supportive, with ETF net inflows of $623 million and trading platform reserves hitting a seven-year low, but short-term risks are high—RSI has entered the overbought zone, and if the squeeze ends without spot trading picking up, Bitcoin's price could quickly retreat.Altcoins have shifted towards personalized narratives, with tokenization and AI computing sectors performing prominently. Overall, in the crypto market, this round of rebound needs to be quickly validated as a true bull market starting point: currently driven mainly by the stock market and leverage resonance, if CPI rises or the Fed's leadership change brings uncertainty, whether Bitcoin can independently hold above $80,000 will become a key confirmation signal.

According to SoSoValue data, the total net outflow of Ethereum spot ETFs is $16.8868 million. The Ethereum spot ETF with the highest single-day net inflow is the Blackrock ETF ETHA, with a single-day net inflow of $2.1186 million, and the historical total net inflow of ETHA has reached $11.999 billion. The Ethereum spot ETF with the highest single-day net outflow is the Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $7.587 million, and the historical total net outflow of ETHE has reached $5.272 billion. As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.85 billion, and the ETF net asset ratio (the market value as a percentage of Ethereum's total market value) is 4.91%, with a historical cumulative net inflow of $12.07 billion.

Binance will delist the following spot trading pairs on May 15 at 11:00: ATOM/FDUSD, AXS/BTC, CELO/BTC, GAS/BTC, MANTA/FDUSD, PYTH/BTC, SANTOS/BTC, SIGN/FDUSD, SOPH/FDUSD, XVS/BNB, and XVS/BTC. Users can still trade the corresponding tokens on other trading pairs.

Glassnode's latest weekly report indicates that Bitcoin slowly climbed from $77,000 to $82,000 last week, with buying pressure continuing to support during the pullback, even as momentum began to cool near local highs. The spot CVD surged, reflecting strong bullish sentiment and a firm belief in price increases. Meanwhile, spot trading volume also increased, indicating that the recent price trend gained more support with heightened investor participation. However, the easing of price momentum suggests that buying and selling pressures are becoming more balanced, implying that the market may be entering a stabilization phase.The situation in the futures market is similar, with a rise in risk appetite. The increase in open interest indicates heightened speculative activity, with investors willing to take on more risk; the perpetual contract CVD surged, indicating sustained bullish momentum. However, the decline in long funding rates suggests a shift towards bearish sentiment, and bullish sentiment may have weakened.In the options market, the demand for downside protection has decreased, while open interest has increased, indicating a shift in market expectations towards neutral or slightly bullish. However, the volatility spread has surged significantly, indicating that the risks reflected in options pricing are much higher than the actual risks, reflecting a notable increase in participant uncertainty.In summary, supported by stronger on-chain activity, healthier profitability, and more stable holder positions, Bitcoin's market structure continues to improve. Although bullish sentiment is strengthening, the slowdown in capital inflows and cautious market sentiment suggest that the market remains sensitive to changes in risk appetite.

Grayscale has submitted a Zcash spot ETF application, converting the existing Zcash trust into a spot product, becoming the first privacy coin ETF seeking to be listed in the United States. At the same time, Multicoin Capital disclosed that it has been continuously building a position in ZEC since February, with co-founder Tushar Jain linking the investment logic to the proposed wealth tax legislation in the U.S., believing that the government's expansion of monitoring private financial holdings will drive structural demand for assets that shield regulation on a mathematical level.However, this application has also raised institutional custody challenges: approximately 30% of Zcash's supply is located in shielded address pools, the highest in history, but ETF custody must almost exclusively use transparent address pools to meet audit and balance proof requirements. Previously, the SEC concluded its long-term review of Zcash in January 2026 without taking enforcement action, significantly reducing regulatory uncertainty.

According to SoSoValue data, yesterday (Eastern Time May 11) the total net inflow of the SOL spot ETF was $26.5728 million.The SOL spot ETF with the highest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a net inflow of $21.623 million for the day, bringing its historical total net inflow to $883 million.Next was the Fidelity Solana Fund ETF (FSOL), with a net inflow of $3.4827 million for the day, bringing its historical total net inflow to $165 million.As of the time of writing, the total net asset value of the SOL spot ETFs is $1.071 billion, with a SOL net asset ratio of 1.9%, and the historical cumulative net inflow has reached $1.084 billion.

According to SoSoValue data, the total net inflow of the XRP spot ETF in a single day is $25.7958 million.The XRP spot ETF with the highest net inflow is the Franklin XRP ETF (XRPZ), with a daily net inflow of $13.62 million, currently reaching a historical total net inflow of $371 million. The second is the Bitwise XRP ETF (XRP), with a daily net inflow of $7.5878 million, currently reaching a historical total net inflow of $442 million.As of the time of publication, the total net asset value of the XRP spot ETF is $1.184 billion, with an XRP net asset ratio of 1.3%, and the historical cumulative net inflow has reached $1.351 billion.

Binance will launch the MEGA/U, TON/U, and TON/USD1 spot trading pairs on May 12 at 16:00 and will open trading bot services for these pairs. Eligible users can enjoy zero Maker fees for MEGA/U and TON/U spot and leveraged trading pairs during the event, which will last until further notice.

The cryptocurrency trading platform SuperEx announced that SATO (SATO) has been launched in the innovation zone and officially opened the SATO/USDT spot trading pair. Currently, both the deposit and trading channels for this token have been opened, and the withdrawal channel will be opened soon.It is reported that SATO is a Meme token developed based on the Uniswap V4 hook, with a total supply of 21 million tokens, and there is no official team leading it.

According to SoSoValue data, last week's trading day saw a net inflow of $70.49 million for Ethereum spot ETFs. The Ethereum spot ETF with the highest net inflow last week was BlackRock ETHA, with a weekly net inflow of $100 million, bringing ETHA's historical total net inflow to $12 billion.The second highest was Grayscale Ethereum Trust ETH, with a weekly net inflow of $6.3257 million, and its historical total net inflow currently stands at $1.94 billion. The Ethereum spot ETF with the highest net outflow last week was Fidelity FETH, with a weekly net outflow of $32.1563 million, and its historical total net inflow is currently $2.26 billion.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.73 billion, with an ETF net asset ratio of 4.94%, and the historical cumulative net inflow has reached $12.09 billion.

According to SoSoValue data, last week's trading day saw a net inflow of $39.23 million for the SOL spot ETF.The SOL spot ETF with the highest net inflow last week was the Bitwise ETF BSOL, with a weekly net inflow of $36.39 million, bringing BSOL's historical total net inflow to $862 million. Following that was the Fidelity ETF FSOL, with a weekly net inflow of $2.8399 million, and FSOL's historical total net inflow currently stands at $161 million.As of the time of writing, the total net asset value of the SOL spot ETF is $987 million, with an ETF net asset ratio of 1.82%, and the historical cumulative net inflow has reached $1.06 billion.

According to SoSoValue data, last week on the trading day, the net inflow of the XRP spot ETF was $34.21 million.The XRP spot ETF with the highest net inflow last week was the Canary ETF XRPC, with a weekly net inflow of $13.5393 million, and the historical total net inflow of XRPC has reached $438 million. The second was the Bitwise ETF XRP, with a weekly net inflow of $12.3621 million, and the historical total net inflow of XRP has reached $434 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.12 billion, and the ETF net asset ratio (market value compared to the total market value of XRP) is 1.26%, with a historical cumulative net inflow of $1.32 billion.

According to SoSoValue data, last week the net inflow for Bitcoin spot ETFs was $623 million.The Bitcoin spot ETF with the highest net inflow last week was the BlackRock ETF IBIT, with a weekly net inflow of $596 million, bringing the total historical net inflow for IBIT to $66.1 billion.Following that was the Ark & 21 Shares ETF ARKB, with a weekly net inflow of $53.09 million, and the total historical net inflow for ARKB currently stands at $1.71 billion. The Bitcoin spot ETF with the highest net outflow last week was the Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $62.28 million, and the total historical net outflow for GBTC has reached $26.35 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $106.61 billion, with an ETF net asset ratio of 6.67%, and the historical cumulative net inflow has reached $59.34 billion.

According to GMGN data, the Meme coins in the BSC ecosystem have generally risen: the market capitalization of "Binance Life" is currently reported at $465 million, with a 24H increase of 22.78%; the market capitalization of "I Am Coming" is currently reported at $11.7 million, with a 24H increase of 13.8%; the market capitalization of "Life K Line" is currently reported at $658,000, with a 24H increase of 7.46%.Odaily reminds users that the prices of Meme coins are highly volatile, and investors should participate with caution.

According to Cointelegraph, the U.S. spot Bitcoin ETF has recorded six consecutive weeks of net inflows, marking the longest consecutive record since August 2025. This round of inflows has continued from the week of April 2 to this Friday, totaling $3.4 billion. The week of April 17 saw the strongest inflow at $996 million, while the most recent week had an inflow of $623 million, and the week of April 2 had the lowest inflow of only $22.34 million.The last longer consecutive record was a seven-week continuous inflow from June 13 to July 18, 2025, totaling approximately $7.57 billion. Notably, there was a pullback in the latter half of this week, with outflows of $278 million and $146 million on Thursday and Friday, respectively, after strong inflows of $532 million and $467 million on Monday and Tuesday. Regarding Ethereum ETFs, as of the week of May 8, there was a return to net inflows of $70.49 million, reversing the previous week's net outflow of $82.47 million.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $146 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $5.7385 million for the day. Currently, the historical total net inflow of MSBT has reached $194 million.The Bitcoin spot ETF with the highest net outflow yesterday was the Fidelity ETF FBTC, with a net outflow of $97.6041 million for the day. Currently, the historical total net inflow of FBTC has reached $11.134 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $106.611 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market value) of 6.67%. The historical cumulative net inflow has reached $59.34 billion.

According to SoSoValue data, yesterday (Eastern Time May 8), the total net inflow of Ethereum spot ETFs was $3.5747 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock Staked ETH ETF ETHB, with a single-day net inflow of $3.5747 million. Currently, the historical total net inflow of ETHB has reached $82.7645 million.As of the time of writing, the total net asset value of Ethereum spot ETFs is $13.732 billion, and the ETF net asset ratio (the market value as a percentage of the total market value of Ethereum) is 4.94%. The historical cumulative net inflow has reached $12.087 billion.

According to SoSoValue data, the total net inflow of the SOL spot ETF in a single day is $6.2346 million. The historical total net inflow has reached $862 million. As of the time of writing, the total net asset value of the SOL spot ETF is $987 million, with a net asset ratio of 1.82%, and the historical cumulative net inflow has reached $1.057 billion.

According to SoSoValue data, the total net inflow of the XRP spot ETF in a single day is $6.0407 million. Currently, only the Canary XRP ETF (XRPC) has net inflows, with a historical total net inflow of $438 million.As of the time of writing, the total net asset value of the XRP spot ETF is $1.115 billion, with an XRP net asset ratio of 1.26%, and the historical cumulative net inflow has reached $1.325 billion.