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According to Odaily, Bloomberg Senior ETF Analyst Eric Balchunas posted on X that despite bitcoin's price experiencing a 40% drop, resulting in many investors facing unrealized losses, only about 6% of assets have actually flowed out of bitcoin ETFs, with 94% of positions remaining intact. In contrast, veteran bitcoin investors (OGs) might behave differently under similar market conditions. This trend indicates that the new generation of ETF investors is more committed to a long-term holding strategy.

Gelonghui, February 4th - SanDisk fell nearly 11%, Western Digital dropped more than 8%, Micron Technology fell more than 7%, and Seagate Technology dropped more than 5%.

According to Odaily, Spain's second largest bank, BBVA, has announced its participation in Qivalis, becoming the 12th member bank of this Amsterdam-based stablecoin project. Qivalis aims to launch a euro-pegged regulated stablecoin, providing digital euro payment and settlement options for the EU market, while also challenging the dominance of US dollar stablecoins. Current members of the project include a certain exchange and other major EU banks. The goal is to issue stablecoins through a banking network, offering enterprises and consumers payment channels that do not rely on third parties outside the blockchain or the traditional financial system. Currently, the global stablecoin market is about 30 billions USD, of which only 860 millions USD is pegged to a single euro. US dollar stablecoins remain dominant: USDT from a certain exchange has a market cap of about 18.5 billions USD, and USDC from a certain exchange has a market cap of about 7 billions USD. (CoinDesk)