According to SoSoValue data, yesterday (May 12, Eastern Time) Ethereum spot ETFs recorded a total net outflow of $131 million.

The Ethereum spot ETF with the highest net inflow yesterday was Blackrock's Staked ETH ETF ETHB, with a single-day net inflow of $11.7469 million. ETHB's total historical net inflow now stands at $517 million.

The Ethereum spot ETF with the highest net outflow yesterday was Blackrock's ETF ETHA, with a single-day net outflow of $102 million. ETHA's total historical net inflow currently stands at $11.897 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $13.393 billion, with the ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) reaching 4.86%, and the historical cumulative net inflow has reached $11.939 billion.

According to SoSoValue data, as of yesterday (May 12, Eastern Time), Bitcoin spot ETFs recorded a total net outflow of $233 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was Morgan Stanley ETF MSBT, with a net inflow of $6.0195 million. The historical total net inflow of MSBT currently stands at $226 million.

The Bitcoin spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FBTC, with a net outflow of $86.1294 million. The historical total net inflow of FBTC currently stands at $11.045 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $107.312 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin's total market cap) of 6.64%. The cumulative historical net inflow has reached $59.134 billion.

After a year of dormancy, a whale spent $7.31 million to purchase 3,224 ETH at a price of $2,267, as monitored by Onchain Lens. Odaily reports.

Odaily News At noon on May 13 local time, economic and trade teams from China and the United States began holding Sino-US economic and trade consultations at Incheon International Airport in Seoul, South Korea. (Xinhua News Agency)

Odaily Planet Daily News: India's gold futures prices surged 6% after the Indian government raised import tariffs on gold. (Golden Ten)

Odaily報道 According to monitoring by Ai Yi, GMGN is suspected of settling 3,000 BNB in fees, worth $2.04 million. 45 minutes ago, the GMGN fee-related address (0x38d…23866) deposited 3,000 BNB into Pionex, marking the first transfer of fees to this exchange in two months. The address still holds BNB, ETH, and USDC worth $12.45 million.

Odaily reported that according to a leaked list obtained by POLITICO, members of the U.S. Senate Banking Committee have submitted over 100 amendments to the crypto market structure bill scheduled for review on Thursday. These amendments primarily focus on stablecoin yield, software developer protection, and ethics provisions.

Among them, Democratic Senators Jack Reed and Tina Smith have proposed strengthening the prohibition on interest payments for stablecoins; Chris Van Hollen suggested banning the President, members of Congress, and their families from holding or being associated with cryptocurrencies; Catherine Cortez Masto proposed establishing a safe harbor for software developers to shield them from criminal liability. Additionally, Andy Kim proposed rebuilding the Department of Justice's National Cryptocurrency Enforcement Team. The bill aims to clarify regulatory jurisdiction over cryptocurrencies.

Odaily Odaily reported that Legend posted on Platform X, stating that after two years of development, the company has decided to gradually shut down. The team pointed out that the product failed to reach the scale required for long-term sustainable development. The Legend app will remain operational for the next 60 days and will go offline on July 12. New user registration has been suspended as of today, and existing users are advised to withdraw their funds before the app shuts down. Relevant documentation will be retained for 60 days after the app goes offline.

Odaily Planet Daily News: Avant posted on X that after communicating with multiple stakeholders, partners, and trusted market participants, and based on an assessment of market conditions, it has decided to postpone the TGE to mid-September. Avant stated that current DeFi tokens are facing significant pressure, and the sector has experienced several protocol vulnerability incidents in recent months. Although Avant has continued to grow during this period, it is still indirectly affected by this category-wide pressure.

Avant stated that it expects the market to recover. In the meantime, it will advance multiple partnerships, continue TVL growth, and expand its products. Points accrual will stop on May 15. Allocations already earned by users are protected, and users can participate in the subsequent TGE. The Avant team will hold a public Space on Thursday at 2:00 PM Eastern Time.

Odaily Odaily报道 According to SoSoValue data, the overall crypto market is experiencing narrow-range volatility. The CeFi sector performed relatively prominently, rising 1.50% in 24 hours, with Binance Coin (BNB) up 2.36% and NEXO (NEXO) up 1.09%. Additionally, Bitcoin (BTC) fell 0.04%, fluctuating narrowly around the $81,000 mark; Ethereum (ETH) fell 0.87%, holding around the $2,300 level.

In other sectors, the AI sector rose 1.42% in 24 hours, with Billions Network (BILL) continuing to surge 35.21%; the Layer1 sector rose 0.41%, with NEAR Protocol (NEAR) up 11.09%; the Layer2 sector rose 0.37%, with Celestia (TIA) up 9.03%; the Meme sector rose 0.21%, with Binance Life significantly up 14.53%; the PayFi sector fell 0.86%, but Telcoin (TEL) rose 14.02%; the DeFi sector fell 1.35%, with Falcon Finance (FF) bucking the trend to rise 11.53%; the SocialFi sector fell 2.41%, with Toncoin (TON) down 3.48%.

Sector indices reflecting historical sector performance show that the ssiCeFi and ssiLayer1 indices rose 1.95% and 0.17% respectively, while the ssiRWA index fell 6.46%.

Odaily reports that according to Onchain Lens monitoring, the Pendle Finance team (0x811...ee1) has deposited 600,000 PENDLE, worth $1.27 million, into Binance.

Odaily reported that, according to official sources, MEXC announced that over the next two years, it will increase its Guardian Fund from $100 million to $500 million and has already added 1,000 BTC to its holdings. This initiative will establish a dual-reserve structure composed of USDT and BTC assets, further enhancing user fund protection capabilities, the platform's long-term resilience, and system stability.

Odaily Planet Daily reported that South Korea's stock market quickly recovered lost ground as local retail investors took the opportunity to buy stocks amid a wave of selling by foreign funds. The KOSPI index rose by over 1%, reversing an earlier decline of as much as 3.2%. Shares of Samsung Electronics once plunged 6.1% after failing to reach a wage agreement with its largest labor union, but later pared losses.

Rival SK Hynix reversed its early morning decline, shaking off investor concerns about overheating in AI-related stocks. Shares of the South Korean memory chipmaker have gained over 100% year-to-date in 2026. "For the Korean stock market, the problem is the concentration—this market is effectively dominated by just two stocks," said Dilin Wu, a cross-asset research strategist at Pepperstone Group. "The AI hardware narrative that drove the KOSPI to record highs remains intact, but supply-side execution risks are now on the table, making it harder to confidently hold that stance." (Jinshi Data)

Odaily reports that, according to monitoring by on-chain analyst Ai Yi, Brother Madi lost $2.16 million in the past week, with his profit over the last month reducing to $187,000. He currently still holds long positions in BTC and ETH worth $40.59 million, including 14,150 ETH valued at $32.41 million and 101 BTC valued at $8.18 million, with an unrealized loss of $484,000.

Odaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time May 12), XRP spot ETFs recorded total net inflows of $5.3098 million in a single day.

The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a single-day net inflow of $4.1867 million, bringing its total historical net inflow to $446 million.

The second was the 21Shares XRP ETF (TOXR), with a single-day net inflow of $1.1231 million, bringing its total historical net inflow to -$19.5772 million.

As of press time, the total net asset value of XRP spot ETFs stood at $1.161 billion, with an XRP net asset ratio of 1.30%, and cumulative historical net inflows have reached $1.356 billion.