According to SoSoValue data, yesterday (June 8, Eastern Time), SOL spot ETFs saw a total net outflow of $471,600.

The Fidelity Solana Fund ETF (FSOL) recorded a single-day net inflow of $795,400, bringing its historical total net inflow to $795,400.

The Bitwise Solana Staking ETF (BSOL) saw a single-day net outflow of $1.4638 million, with its historical total net inflow reaching $892 million.

As of press time, the total net asset value of SOL spot ETFs stands at $773 million, with a SOL net asset ratio of 1.98%. The historical cumulative net inflow has reached $1.126 billion.

According to SoSoValue data, yesterday (June 8, Eastern Time) the HYPE spot ETF had a total net inflow of $2.4681 million in a single day.

The HYPE spot ETF with the highest daily net inflow was Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $1.7928 million, bringing its historical total net inflow to $89.2879 million.

Second was the Grayscale Hyperliquid Staking ETF (HYPG), with a single-day net inflow of $675,300, bringing its historical total net inflow to $5.3726 million.

As of press time, the total net asset value of HYPE spot ETFs stood at $178 million, with a net asset ratio to HYPE of 1.25%. The historical cumulative net inflow has reached $151 million.

According to on-chain analyst Ember Monitoring, 7 wallets have sold 249 million H on-chain in the past 7 hours, cashing out $31.3 million (including 17,800 ETH and 2,715 BNB). The tokens sold mainly originated from unlocks. H has dropped 83% in price over the past 7 hours due to large-scale selling.

Odaily Odaily Planet Daily News An internal memo shows that Elon Musk's artificial intelligence company, xAI, has "borrowed" an executive from SpaceX's Starlink satellite internet service division to lead the model training team for the Grok chatbot.

The team was previously led by a young engineer, Diego Pasini. The newcomer is Jack Garabedian, who has worked as an engineer on the Starlink project at SpaceX since 2021. After joining xAI, he will take over the "human data team," which consists of hundreds of experts responsible for training Grok across various fields, from finance to science. Pasini and Garabedian did not respond to requests for comment, and representatives from SpaceX and xAI also did not respond. (Jin Shi)

Odaily reported that a Spanish La Liga football club faced the risk of relegation before the final match of the season. To hedge against the loss of ticket and broadcasting rights revenue that would result from relegation, the club's owner placed millions of dollars in bets on the prediction market Kalshi, wagering on the club's own demotion.

Ultimately, the club lost the final match 1-0 but still managed to avoid relegation. According to sources, the counterparty to the trade was quantitative trading firm Susquehanna, which profited over $1 million from the deal. The transaction was facilitated by Game Point Capital, an institution that assists professional and college sports teams in managing risk, with brokerage services provided by Greenlight Commodities. (semafor)

Odaily reported that a source from a nuclear power central enterprise stated, “Alibaba has approached us to discuss the construction of small nuclear reactors. Alibaba’s Hangzhou Renhe Data Center has a significant electricity demand.” The Renhe Data Center is the first cloud computing data center in Zhejiang, providing computing power support for AI companies such as BrainCo and Rokid. (China Business Journal)

Odaily reports, according to Onchain Lens monitoring, a newly created address deposited $1.19 million USDC into HyperLiquid, opened a 20x leveraged long position of 11,475 ETH and a 10x leveraged long position of 11,225 HYPE, with a total position value of $19.8 million.

Odaily reported that Humanity founder Terence has confirmed that a private key belonging to a member of the Humanity Foundation has been leaked. As a precautionary measure, please refrain from interacting with any cross-chain bridges or liquidity pools until safety is confirmed. The foundation is working with security experts and exchange partners to address the matter and will provide further updates.

Previous report: The outflow of funds from addresses associated with the Humanity Protocol is ongoing, with losses now exceeding $31 million.

1. Serenity: Should view Bank of America's bearish stance with caution; a flood of negative news often arises due to institutional liquidity needs.

2. The ratio of the US stock market's total value to GDP has risen to 238%, a new all-time high.

3. "Set 10 Big Goals" closed half of its BTC position, securing a profit of $4.88 million.

4. Bitwise deposited 50,480 HYPE tokens into FalconX, valued at $3.28 million.

5. A whale added another $23.29 million to its position; the total value of its BTC and ETH holdings now exceeds $142 million.

6. The fund drain from addresses associated with Humanity Protocol is continuing, with losses now exceeding $31 million.

7. Arthur Hayes: Rising oil prices, AI-related IPOs, and Trump's anti-AI rhetoric could burst the AI bubble and drag down the crypto market.

8. A suspected newly created Bitmine wallet received 25,000 ETH from Kraken, valued at $42.03 million.

9. Israeli media: Trump is pressuring Netanyahu to stop expanding strikes on Iran.

10. OpenAI has revealed that it has secretly submitted an IPO application.

Odaily reports that the Commodity Futures Trading Commission has canceled its planned relocation to a new headquarters, opting instead to extend its existing lease for five years. This decision ensures sufficient office space to accommodate 100 new employees. The CFTC recently offered a deferred resignation plan to approximately 50 staff members, as the agency's total workforce has decreased by nearly 25% compared to 2024 levels.

According to a recent White House executive order, the CFTC has reclassified 25 positions that previously enjoyed civil service protections, including policy advisors and senior advisors. Additionally, the agency anticipates a significant increase in workload due to the boom in prediction markets and the potential passage of digital asset market structure legislation by Congress, which would establish the CFTC as the primary regulator for the crypto industry. (Bloomberg)

Odaily reports that Apollo and Blackstone have raised $35 billion in financing for the Anthropic chip project. (FT)

Odaily Odaily reports that Serenity posted on platform X, noting that for those currently citing Bank of America's bearish views, one should remember that in March of this year, Bank of America claimed that EWY/KOSPI, representing South Korean memory chip stocks like SK hynix and Samsung, was in an extreme bubble state. At that time, Bank of America attributed the rise to retail investors, implied they should sell South Korean memory chip stocks, and even compared the situation to the 2008 financial crisis, the internet bubble, and the decline in silver prices. Serenity stated that shortly after retail investors sold their long positions, memory chip stocks instead surged to all-time highs.

Serenity remarked that institutions are not your friends; typically, when an unusually large amount of negative news emerges, it is because institutions need liquidity. Previously, BofA Securities indicated that investors should remain cautious about US stocks, as a growing number of bear market signals suggest the market is approaching a top. A team of strategists led by Savita Subramanian wrote in a report dated June 5 that approximately 70% of bear market signals have now been triggered, consistent with the average level seen at historical market tops. The S&P 500 shows statistically significant overvaluation in 17 out of 20 valuation metrics, with 8 of these metrics exceeding levels seen during the tech bubble. Furthermore, high price-to-earnings ratio stocks have significantly outperformed low-valuation stocks, which strategists view as a sign of excessive speculation. Within the tech sector, the gap between the best and worst-performing quintiles has widened to its highest level since February 2000.

Odaily Odaily News, according to the latest Gate data, the gold price has fallen to $4,319.99 per ounce, with a daily decline of 0.23%. The silver price has dropped to $67.698 per ounce, with a daily increase of 0.43%. The latest quote for BVIX (Bitcoin Volatility Index) is 46.72, with a daily decline of 4.28%. The latest quote for EVIX (Ethereum Volatility Index) is 61.1, with a daily decline of 5.67%. In the forex market, the USD/CNH exchange rate fell 0.02% intraday, with the current rate at 6.78303. The USD/JPY exchange rate rose 0.07% intraday, with the current rate at 160.238. Regarding global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 1.37% intraday to 6,054.84 points; the UK FTSE 100 Index (UK100) fell 0.02% intraday to 10,332.3 points; and the German DAX 40 Index (GER40) fell 0.08% intraday to 24,509.4 points. In the commodities sector, WTI crude oil fell 0.31% intraday to $92.58 per barrel. Brent crude oil fell 0.07% intraday to $96.28 per barrel. Gate supports users in directly trading traditional financial market products on the platform, achieving deep integration of crypto assets and traditional financial assets with a one-stop coverage of multiple asset classes including precious metals, foreign exchange, global stock contracts for difference (CFDs), major indices, and commodities. The Gate TradFi-related features are now fully integrated into the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.

Odaily Planet Daily News The Kobeissi Letter posted on X platform, stating that the ratio of U.S. stock market capitalization to GDP has risen to a record high of 238%. The current total stock market value stands at $75.7 trillion, far exceeding the economic scale of approximately $31.8 trillion.

Since the S&P 500 bottomed on March 30, this ratio has increased by 38 percentage points, and is now 90 percentage points higher than the peak level of about 148% during the dot-com bubble in 2000. Since the 2008 financial crisis, the growth rate of the U.S. stock market has been 5 times that of the underlying economy.