SoSoValue
SOSOOne-stop financial research platform for Crypto Investors
News Heat Trend
Project Overview
SoSoValue is an AI-powered investment and research platform that combines the efficiency of CeFi with the transparency of DeFi, addressing challenges like information overload and cross-chain asset management in the cryptocurrency market.
Analysis: Bitcoin Holds at $77,000 Range, Powell's "Final FOMC" Adds Market Uncertainty
Odaily Bitcoin remained consolidating above $77,000 on Wednesday, with markets cautious ahead of the Federal Reserve's interest rate decision. According to market data, Bitcoin fluctuated within the range of approximately $75,689 to $77,837 during the session, and is currently trading around $77,100.This FOMC meeting is seen as a pivotal event. Markets widely expect interest rates to remain unchanged, but the real focus is on whether Federal Reserve Chairman Jerome Powell will signal a "higher-for-longer" hawkish stance. Additionally, this meeting may be his last as Fed Chair, with markets simultaneously pricing in uncertainty regarding policy direction and potential power transitions.On the capital front, U.S. spot Bitcoin ETFs saw a reversal after nine consecutive days of net inflows. SoSoValue data shows that on April 28, ETFs recorded net outflows of approximately $89.68 million. Among them, BlackRock's IBIT saw a single-day outflow of about $112 million. Meanwhile, Ethereum ETFs also logged net outflows of $21.8 million.On-chain data also signals caution. CryptoQuant noted that on April 27, exchange net inflows reached 9,905 BTC, the largest single-day inflow in nearly 30 days. Exchange reserves have also rebounded recently. If these inflows are not quickly absorbed, prices could retest the support range of $74,000–$75,000.On the macroeconomic front, fluctuations in crude oil prices and shifts in the Middle East energy landscape continue to influence inflation expectations. Some analysts believe this could limit the Fed's room for future easing. Meanwhile, market liquidity continues to weaken, with institutional trading volumes and perpetual contract activity both at low levels. This means any policy surprise could amplify price volatility.Overall, Bitcoin remains in a "low liquidity + high event risk" structure and may continue to oscillate within the $72,000 to $80,000 range in the short term, awaiting further clarity on the Fed's policy path. (The Block)
Ethereum spot ETFs saw a total net outflow of $21.8019 million yesterday, with BlackRock's ETHA leading at $13.1697 million net outflow
according to SoSoValue data, yesterday (Eastern Time April 28) Ethereum spot ETFs recorded a total net outflow of $21.8019 million.The Ethereum spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF ETHA, with a single-day net outflow of $13.1697 million. Currently, ETHA's historical total net outflow has reached $55.642 million.The next was Grayscale's Ethereum Trust ETF ETHE, with a single-day net outflow of $6.9149 million. Presently, ETHE's historical total net outflow has reached $5.254 billion.As of press time, the total net asset value of Ethereum spot ETFs stands at $13.571 billion, with an ETF net asset ratio (market cap relative to Ethereum's total market cap) of 4.9%, and the historical cumulative net inflow has reached $12.026 billion.
Bitcoin spot ETFs saw total net outflows of $89.6754 million yesterday, with BlackRock's IBIT leading at $112 million in net outflows
According to SoSoValue data, as of yesterday (Eastern Time, April 28), Bitcoin spot ETFs recorded total net outflows of $89.6754 million.The Bitcoin spot ETF with the highest single-day net inflow was the ARKB ETF from Ark Invest and 21Shares, with a net inflow of $41.2021 million. Currently, the historical total net inflow for ARKB stands at $1.608 billion.The Bitcoin spot ETF with the largest single-day net outflow was BlackRock's IBIT ETF, with a net outflow of $112 million. As of now, IBIT's historical total net inflow is $78.118 million.As of press time, the total net asset value of Bitcoin spot ETFs is $100.390 billion, with the ETF net asset ratio (market cap relative to Bitcoin's total market cap) at 6.56%. The historical cumulative net inflow has reached $58.211 billion.
The total net inflow of US XRP spot ETFs in a single day was $2.2018 million
according to SoSoValue data, yesterday (Eastern Time April 28) the total net inflow of XRP spot ETFs in a single day was $2.2018 million.Yesterday, only the Canary XRP ETF (XRPC) saw net inflows, with a single-day net inflow of $2.2018 million. The total historical net inflow has now reached $424 million.As of press time, the total net asset value of XRP spot ETFs stands at $1.053 billion, with an XRP net asset ratio of 1.23%. The historical cumulative net inflow has reached $1.293 billion.
Bitcoin Spot ETFs See Net Inflows for 9 Consecutive Days, Total Inflows Reaching Approximately $2.1 Billion
according to data monitoring from SoSoValue, Bitcoin spot ETFs recorded net inflows for the 9th consecutive trading day on April 24, with a single-day inflow of $14.45 million. The total cumulative inflows during this continuous period amounted to approximately $2.1 billion, marking the longest net inflow streak since September 2025. Last week, ETFs saw total inflows of $823.7 million, with BlackRock's IBIT recording weekly inflows of $983 million, hitting a new high in nearly six months.CryptoQuant founder Ki Young Ju stated that the current Bitcoin market is driven by futures, with open interest continuing to rise. However, aside from ETF inflows and MicroStrategy purchases, on-chain apparent demand remains negative. The chief analyst at CEX.IO pointed out that the recent price increase has been notably driven by short squeezes. Since April 13, the total amount of short liquidations has reached approximately $2.8 billion, far exceeding the $1.8 billion in long liquidations. Part of the ETF demand may stem from basis trading strategies, specifically buying IBIT while shorting CME futures to capture the spread. This strategy is market-neutral and not purely bullish. Currently, the options market's 25-delta skew is in negative territory, indicating that investors are paying a premium to seek downside protection.
US SOL Spot ETF Records a Net Daily Outflow of $1.1736 Million
Odaily According to SoSoValue data, yesterday (Eastern Time April 24), SOL spot ETFs recorded a total net daily outflow of $1.1736 million.Among them, the Fidelity Solana Fund ETF (FSOL) saw a net daily inflow of $255,700, bringing its historical total net inflow to $158 million.The VanEck Solana ETF (VSOL) experienced a net daily outflow of $1.4293 million, with its historical total net outflow now standing at $299,100.As of press time, the total net asset value of SOL spot ETFs is $883 million, with a SOL net asset ratio of 1.77%, and the historical cumulative net inflow has reached $1.019 billion.
Related news
Analysis: Bitcoin Holds at $77,000 Range, Powell's "Final FOMC" Adds Market Uncertainty
Odaily Bitcoin remained consolidating above $77,000 on Wednesday, with markets cautious ahead of the Federal Reserve's interest rate decision. According to market data, Bitcoin fluctuated within the range of approximately $75,689 to $77,837 during the session, and is currently trading around $77,100.This FOMC meeting is seen as a pivotal event. Markets widely expect interest rates to remain unchanged, but the real focus is on whether Federal Reserve Chairman Jerome Powell will signal a "higher-for-longer" hawkish stance. Additionally, this meeting may be his last as Fed Chair, with markets simultaneously pricing in uncertainty regarding policy direction and potential power transitions.On the capital front, U.S. spot Bitcoin ETFs saw a reversal after nine consecutive days of net inflows. SoSoValue data shows that on April 28, ETFs recorded net outflows of approximately $89.68 million. Among them, BlackRock's IBIT saw a single-day outflow of about $112 million. Meanwhile, Ethereum ETFs also logged net outflows of $21.8 million.On-chain data also signals caution. CryptoQuant noted that on April 27, exchange net inflows reached 9,905 BTC, the largest single-day inflow in nearly 30 days. Exchange reserves have also rebounded recently. If these inflows are not quickly absorbed, prices could retest the support range of $74,000–$75,000.On the macroeconomic front, fluctuations in crude oil prices and shifts in the Middle East energy landscape continue to influence inflation expectations. Some analysts believe this could limit the Fed's room for future easing. Meanwhile, market liquidity continues to weaken, with institutional trading volumes and perpetual contract activity both at low levels. This means any policy surprise could amplify price volatility.Overall, Bitcoin remains in a "low liquidity + high event risk" structure and may continue to oscillate within the $72,000 to $80,000 range in the short term, awaiting further clarity on the Fed's policy path. (The Block)
Ethereum spot ETFs saw a total net outflow of $21.8019 million yesterday, with BlackRock's ETHA leading at $13.1697 million net outflow
according to SoSoValue data, yesterday (Eastern Time April 28) Ethereum spot ETFs recorded a total net outflow of $21.8019 million.The Ethereum spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF ETHA, with a single-day net outflow of $13.1697 million. Currently, ETHA's historical total net outflow has reached $55.642 million.The next was Grayscale's Ethereum Trust ETF ETHE, with a single-day net outflow of $6.9149 million. Presently, ETHE's historical total net outflow has reached $5.254 billion.As of press time, the total net asset value of Ethereum spot ETFs stands at $13.571 billion, with an ETF net asset ratio (market cap relative to Ethereum's total market cap) of 4.9%, and the historical cumulative net inflow has reached $12.026 billion.
Bitcoin spot ETFs saw total net outflows of $89.6754 million yesterday, with BlackRock's IBIT leading at $112 million in net outflows
According to SoSoValue data, as of yesterday (Eastern Time, April 28), Bitcoin spot ETFs recorded total net outflows of $89.6754 million.The Bitcoin spot ETF with the highest single-day net inflow was the ARKB ETF from Ark Invest and 21Shares, with a net inflow of $41.2021 million. Currently, the historical total net inflow for ARKB stands at $1.608 billion.The Bitcoin spot ETF with the largest single-day net outflow was BlackRock's IBIT ETF, with a net outflow of $112 million. As of now, IBIT's historical total net inflow is $78.118 million.As of press time, the total net asset value of Bitcoin spot ETFs is $100.390 billion, with the ETF net asset ratio (market cap relative to Bitcoin's total market cap) at 6.56%. The historical cumulative net inflow has reached $58.211 billion.
The cryptocurrency market continues to pull back, with BTC falling to $76,000, while only the AI and GameFi sectors remain relatively resilient
According to SoSoValue data, the cryptocurrency market continues to correct, with Bitcoin (BTC) dropping 0.66% to above $77,000, and Ethereum (ETH) declining 0.24% to below $2,300. The AI sector performed notably, rising 0.96% in 24 hours, with Bittensor (TAO) up 4.20%, Unibase (UB) up 18.84%, and SkyAI (SKYAI) up 35.11%. Additionally, the GameFi sector gained 0.40%, with Axie Infinity (AXS) and GALA rising 2.64% and 2.45% respectively.In other sectors, the Layer 2 sector fell 0.06% in 24 hours, but Celestia (TIA) rose 4.05%; the CeFi sector declined 0.44%, with Aster (ASTER) gaining 2.55%; the Layer 1 sector dropped 0.88%, while Humanity (H) surged 26.66% intraday; the Meme sector fell 1.17%, with Pump.fun (PUMP) bucking the trend to rise 6.66%; the PayFi sector decreased 1.21%, with Safe (SAFE) remaining relatively firm, up 1.75%; and the DeFi sector fell 1.48%, with Block Street (BSB) rising sharply by 18.11%.Crypto sector indices reflecting historical sector performance show the ssiGameFi index rising 0.52%, while the ssiMeme and ssiNFT indices fell 2.38% and 2.34% respectively.
The total net inflow of US XRP spot ETFs in a single day was $2.2018 million
according to SoSoValue data, yesterday (Eastern Time April 28) the total net inflow of XRP spot ETFs in a single day was $2.2018 million.Yesterday, only the Canary XRP ETF (XRPC) saw net inflows, with a single-day net inflow of $2.2018 million. The total historical net inflow has now reached $424 million.As of press time, the total net asset value of XRP spot ETFs stands at $1.053 billion, with an XRP net asset ratio of 1.23%. The historical cumulative net inflow has reached $1.293 billion.
Bitcoin Spot ETFs See Net Inflows for 9 Consecutive Days, Total Inflows Reaching Approximately $2.1 Billion
according to data monitoring from SoSoValue, Bitcoin spot ETFs recorded net inflows for the 9th consecutive trading day on April 24, with a single-day inflow of $14.45 million. The total cumulative inflows during this continuous period amounted to approximately $2.1 billion, marking the longest net inflow streak since September 2025. Last week, ETFs saw total inflows of $823.7 million, with BlackRock's IBIT recording weekly inflows of $983 million, hitting a new high in nearly six months.CryptoQuant founder Ki Young Ju stated that the current Bitcoin market is driven by futures, with open interest continuing to rise. However, aside from ETF inflows and MicroStrategy purchases, on-chain apparent demand remains negative. The chief analyst at CEX.IO pointed out that the recent price increase has been notably driven by short squeezes. Since April 13, the total amount of short liquidations has reached approximately $2.8 billion, far exceeding the $1.8 billion in long liquidations. Part of the ETF demand may stem from basis trading strategies, specifically buying IBIT while shorting CME futures to capture the spread. This strategy is market-neutral and not purely bullish. Currently, the options market's 25-delta skew is in negative territory, indicating that investors are paying a premium to seek downside protection.