News

On May 25, according to SoSoValue data, Ethereum spot ETFs saw a net outflow of $216 million during the trading week from May 18 to May 22 (Eastern Time). The ETF with the highest net outflow was BlackRock's ETHA, which experienced a weekly net outflow of $189 million, bringing its total historical net inflow to $11.62 billion. Following closely was Fidelity's FETH, with a weekly net outflow of $21.1 million and a total historical net inflow of $2.18 billion. The ETF with the highest net inflow last week was BlackRock's ETHB, which recorded a weekly net inflow of $5.5167 million, with a total historical net inflow of $518 million. As of the time of this report, the total net asset value of Ethereum spot ETFs stands at $11.84 billion, with an ETF net asset ratio (market value as a percentage of total Ethereum market value) of 4.73%, and a cumulative historical net inflow of $11.62 billion.

Foresight News reports that the test version of Perp DEX Primit will be launched on Avalanche.

Golden Ten Data, May 25 – Japanese government bonds rose on Monday, pushing yields further away from recent multi-decade highs, as signs of easing tensions in the Middle East cooled market concerns about inflation. Japan’s 10-year government bond yield, which last week hit its highest point in 29 years, fell by 5 basis points today to 2.710%. The 30-year yield, which previously reached a historic high, dropped by 5.5 basis points to 3.955% today. Given Japan’s heavy reliance on imported energy, the increase in oil prices triggered by the Middle East conflict has put pressure on the Japanese economy and inflation outlook. Reports last week that Sanae Takaichi may introduce a supplementary budget also intensified fiscal worries, putting further pressure on Japanese government bonds. Yunosuke Ikeda, Head of Macro Research at Nomura Securities, said: “There is still a great deal of uncertainty among market participants regarding Sanae Takaichi’s commitment to fiscal discipline. Many investors believe it is still not the right time to buy Japanese government bonds, even though they find current yield levels quite attractive and see limited room for a further significant increase in yields. Takaichi is very aware of the market’s concerns, and I believe that in the next two months investors could be in for some positive surprises.”