On March 17, US spot Bitcoin ETFs experienced net inflows for the sixth consecutive trading day, driving Bitcoin prices up more than 12%. Total net inflows reached $962.8 million, primarily supported by BlackRock and Fidelity. Despite relatively modest inflow volumes, the sustained nature of the flows is strengthening, and investor sentiment is improving. Analysts believe that short-term prices are influenced by fund inflows and changes in the macroeconomic environment.
A certain crypto financial institution increased its long position in ETH by 6,000 coins when the price pulled back to around $2,300 per coin, bringing the total position value to $82.95 million with floating profits of approximately $9.4 million and a return rate of 169%. The institution is the largest ETH long on-chain, and its associated addresses also hold substantial amounts of ETH.
Gate News reported that on March 17, Polymarket, a prediction market platform, relaunched weather-related prediction events for the Hong Kong region. The settlement data source has been adjusted from Weather Underground to Hong Kong Observatory. Previously, Polymarket had delisted Hong Kong region weather-related prediction events because Weather Underground was unable to provide historical weather data for the Hong Kong region.
Gate News report: On March 17, data aggregation platform DefiLlama launched a new download center supporting rapid export of 50+ datasets. Users can download complete datasets and time series data, access multi-dimensional data across chains, protocols, categories, RWA, stablecoins, and more, with customizable column functionality and the ability to preview dataset content before subscribing.
