According to SoSoValue data, yesterday (U.S. Eastern Time, February 19), the SOL spot ETF recorded a single-day total net inflow of $5.9436 million.

The SOL spot ETF with the highest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a single-day net inflow of $5.4618 million, bringing its historical total net inflow to $691 million.

This was followed by the Fidelity Solana Fund ETF (FSOL), with a single-day net inflow of $481,800, bringing its historical total net inflow to $160 million.

As of the time of writing, the total net asset value of SOL spot ETFs is $710 million, with a SOL net asset ratio of 1.52%. The historical cumulative net inflow has reached $886 million.

According to data from SoSoValue, the total daily net inflow for XRP spot ETFs yesterday (U.S. Eastern Time, February 19) was $4.0509 million.

The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a single-day net inflow of $2.5213 million, bringing its historical total net inflow to $364 million.

This was followed by the Franklin XRP ETF (XRPZ), with a single-day net inflow of $1.5296 million, bringing its historical total net inflow to $330 million.

As of the time of writing, the total net asset value of XRP spot ETFs is $1.013 billion, with an XRP net asset ratio of 1.18%. The historical cumulative net inflow has reached $1.231 billion.

Odaily News According to market conditions and other factors, Nasdaq-listed Bitcoin mining company Bitdeer announced plans to raise $300 million through an offering of convertible senior notes. Additionally, Bitdeer intends to grant the initial purchasers of the notes an option to purchase up to an additional $45 million principal amount of notes within 13 days (including the day of) from the initial issuance date of the notes. (Stocktitan)

Odaily News Federal Reserve researchers have released a new paper that highly praises the role of prediction markets in economic analysis, specifically highlighting a study on the performance of the prediction platform Kalshi.

The report points out that Kalshi's predictions regarding the federal funds rate and the U.S. Consumer Price Index (CPI) statistically outperform federal funds futures and professional economist forecasts. It can also provide continuously updated full probability distributions, rather than traditional intermittent point forecasts.

The study also suggests that prediction markets provide unique market-based distribution data for areas such as GDP growth, core inflation, unemployment rates, and non-farm payrolls. These variables previously lacked comparable market pricing tools. Since 2022, Kalshi's predictions for Federal Open Market Committee (FOMC) meeting outcomes on the federal funds rate have been completely consistent with the actual results.

The report notes that a major advantage of prediction markets lies in the participation of retail investors, distinguishing them from traditional financial markets dominated by institutions. This gives them unique value in information aggregation and real-time reflection of market expectations.

Odaily News At the World Liberty Financial forum held at Mar-a-Lago, Eric Trump reiterated his optimistic long-term price outlook for Bitcoin, stating that Bitcoin will "ultimately reach $1 million" and claiming he has "never been more bullish on cryptocurrency."

In an interview with CNBC, Eric Trump pointed out that Bitcoin has averaged an annual gain of about 70% over the past decade, calling it "one of the best-performing asset classes in the last ten years." He stated that despite price volatility, it is a necessary cost for high-growth assets.

Currently, Bitcoin's price hovers around $67,000, significantly down from its all-time high of $126,000 set in October 2025. Eric Trump had previously predicted that Bitcoin would reach $175,000 by the end of 2025, with a long-term target of $1 million.

This statement comes as the Trump family deepens its involvement in the crypto space, with World Liberty Financial being seen as one of its core crypto projects.

Odaily News The White House convened its third round of closed-door meetings on Thursday, inviting representatives from the crypto industry and banking groups to discuss stablecoin reward mechanisms. The meeting lasted several hours and was described by participants as a "constructive dialogue," but no final compromise has been reached yet.

Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting built upon previous discussions to further advance the framework, with the goal of enhancing U.S. competitiveness while protecting consumers. Paul Grewal, Chief Legal Officer of Coinbase, also described the discussions as "collaborative and constructive in tone" and hinted that further negotiations would continue.

The stablecoin holding reward mechanism is a key point of contention in the current crypto market structure bill. Sources familiar with the matter revealed that the White House proposed some principled solutions, allowing companies to offer rewards based on specific activities or account balances, but the banking sector remains cautious. It is not yet confirmed whether another round of meetings will be held.

Participating institutions included Ripple, the Blockchain Association, the Crypto Council for Innovation, and several major banking associations.

Odaily News On-chain data analytics platform Parsec has announced its official shutdown. The team stated on its official website and social media platforms that the project has ceased operations after five years of service and is currently processing refunds and canceling all active subscriptions.

Launched in early 2021, Parsec provided a customizable on-chain data terminal and analytics platform, enabling users to build data dashboards and visualization tools for areas such as DeFi and NFTs, along with API services. Its Parsec Agent also attempted to integrate large language models (LLMs) for on-chain research and analysis, including prediction markets, social sentiment, and market activity monitoring.

The project had previously completed a $1.25 million seed round and a $4 million seed extension round, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.

Odaily News Mizuho, an investment bank, stated that despite Gemini's stock price remaining low recently, the market may have already priced in the negative impact of the management changes.

Analysts reiterated their "Outperform" rating on Gemini and maintained a $26 price target. The current stock price is approximately $5.90, having fallen 43% over the past 30 days. Mizuho pointed out that although the departures of the company's COO, CFO, and CLO are disappointing, the stock price has already fully reflected the related shock.

Regarding financial results, Gemini's preliminary revenue range is $165 million to $175 million, slightly above expectations; however, the adjusted EBITDA loss widened to approximately $257 million to $267 million, which is weaker than previous forecasts.

Mizuho believes that Gemini's announced plan to cut about 25% of its workforce and its strategy to exit the UK, EU, and Australian markets are expected to improve the cost structure and drive the company towards profitability in the medium to long term. The analyst's bull case scenario of $43 and bear case scenario of $8 are both above the current stock price.

Odaily News: Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), and Commissioner Hester Peirce stated that the regulatory body is considering introducing an "innovation exemption" for on-chain securities. This initiative aims to promote the adoption of tokenized securities in the U.S. capital market in a gradual manner.

Atkins pointed out at the ETHDenver event that this exemption mechanism would allow limited trading of certain tokenized securities on new platforms, while accumulating practical experience for the establishment of a long-term regulatory framework. Peirce reiterated that tokenized securities are inherently still within the scope of securities and should be advanced cautiously under the existing legal system.

Over the past year, traditional financial institutions including Nasdaq and DTCC, as well as several crypto companies, have explored tokenized stock businesses. If the SEC approves the relevant path, crypto platforms may be able to offer blockchain-based traditional stock trading, creating competition with traditional brokerages.

Currently, global demand for tokenized stock trading continues to heat up. Kraken reported that the cumulative trading volume of its xStocks product has reached $25 billion; Robinhood's RWA blockchain project also saw its trading volume exceed 4 million transactions in its first week of launch. The SEC stated it will adopt a "step-by-step" approach to balance innovation with investor protection.

Odaily News: On-chain prediction market platform Polymarket has announced the acquisition of prediction market API startup Dome, with the transaction amount undisclosed. This marks Polymarket's second official acquisition.

Dome is a Y Combinator Fall 2025 incubated project, providing a unified prediction market API that helps developers build applications, trading bots, and data dashboards capable of connecting to multiple platforms such as Polymarket and Kalshi simultaneously. The company previously received a $500,000 investment from YC and completed a $4.7 million seed funding round.

Polymarket currently holds a valuation of approximately $9 billion and has been continuously expanding its business footprint through mergers, acquisitions, and partnerships. It previously acquired the US-licensed derivatives exchange QCEX to facilitate its re-entry into the US market. Concurrently, the company has established distribution partnerships with entities including Major League Soccer (MLS), the National Hockey League (NHL), and media platform Substack.

Odaily News Kraken announced that since its launch last year, the cumulative total trading volume of its tokenized stock product xStocks has exceeded $25 billion, with approximately $3.5 billion originating from trading activities on chains such as Solana, Ethereum, and TON.

Currently, the number of unique addresses holding xStocks on-chain exceeds 80,000, and the Assets Under Management (AUM) is close to $225 million. Kraken emphasized that each xStock token is fully backed 1:1 by the corresponding stock or ETF assets held by licensed custodians.

Kraken is currently advancing the transaction to acquire Backed, the issuer of xStocks.

Odaily News According to the latest data from Gate, the price of gold has risen to $4,977.5 per ounce, with an intraday increase of 0.90%; the price of silver has climbed to $78.46 per ounce, with an intraday gain of 2.51%.

Regarding volatility indices, the BVIX (BTC Volatility Index) is currently reported at 54.64, up 5.34% intraday; the EVIX (ETH Volatility Index) is currently reported at 69.51, up 1.53% intraday.

In the commodities sector, WTI crude oil rose 4.07% intraday to $66.27 per barrel; Brent crude oil rose 3.93% intraday to $71.72 per barrel.

Gate enables users to directly trade traditional financial market products within the platform, offering one-stop access to multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate's TradFi-related features are fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms. This unlocks more strategies and opportunities beyond the crypto market, continuously enhancing the diversified asset allocation experience.

Odaily News According to market sources, CME Group will launch 24/7 cryptocurrency futures and options trading on May 29.