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Altcoin volumes are ‘more concentrated’ than ever
Altcoin volumes are ‘more concentrated’ than ever

Altcoin trade volume has returned to pre-FTX levels, but with a shrinking pool of market leaders

Blockworks·2025/04/05 18:57
The Funding: Why stablecoins are a top bet for crypto VCs
The Funding: Why stablecoins are a top bet for crypto VCs

Quick Take This is an excerpt from the 25th edition of The Funding sent to our subscribers on April 6. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.

The Block·2025/04/05 16:00
Flash
  • 04:31
    Data: A Whale Involved in ICO Sells Another 612 ETH, Still Holds 29,577 ETH
    According to ChainCatcher, on-chain analyst @ai_9684xtpa reports that the "OG Whale of the 2015 ICO with 100,000 ETH" has sold another 612 ETH ($1 million) two days later, with costs as low as $0.31 per ETH. Currently, he still holds 29,577 ETH ($47.98 million). At a selling rate of approximately 630 ETH every two days, it will take nearly three more months to sell off the remaining portion.  
  • 04:31
    Data: Ethereum Spot ETF Recorded a Total Net Outflow of $5.9781 Million Yesterday, Continuing 5 Days of Net Outflow
    According to ChainCatcher, based on SoSoValue data, the total net outflow of Ethereum Spot ETF yesterday (April 14, Eastern Time) was $5.9781 million. The Ethereum Spot ETF with the highest net inflow yesterday was 21Shares ETF CETH, with a single-day net inflow of $1.8027 million. The total historical net inflow of CETH now reaches $15.1368 million. The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity ETF FETH, with a single-day net outflow of $7.7808 million. The total historical net inflow of FETH now reaches $1.362 billion. As of the time of writing, the total net asset value of Ethereum Spot ETFs is $5.474 billion, with an ETF net asset ratio (market value as a proportion of total Ethereum market value) of 2.77%. The historical cumulative net inflow has reached $2.27 billion.  
  • 04:30
    Important Developments on the Afternoon of April 15th
    7:00-12:00 Keywords: OpenSea, WisdomTree, Trump's Son 1. OpenSea announced that it will launch Solana-based NFT trading; 2. Federal Reserve's Bostic: The economy is in a state of significant stagnation; 3. The total scale of CeFi loans is $11.2 billion by the end of 2024; 4. Trump's son will be invited to attend the TOKEN2049 conference in Dubai; 5. In Q1 of 2025, public companies have purchased a total of 95,431 bitcoins, reaching a total holding of 688,000; 6. Survey: 91 central banks worldwide currently have no digital asset investments, with more than half opposing Bitcoin as a strategic reserve; 7. The US SEC has delayed the decision on physical purchase and redemption of WisdomTree and VanEck's spot Bitcoin and Ethereum ETFs to June 3rd.
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