News

ChainCatcher reports that an exchange has released a report indicating that BTC ETF recorded net inflows of 69.4 million US dollars and 114 million US dollars respectively, ending the previous two-week outflow trend. However, the structure is still dominated by ARK Invest and Fidelity, with limited capital inflow into BlackRock's IBIT, reflecting that institutional demand remains cautious. In addition, funding rates in the derivatives market remained negative for most of the first quarter, showing that bearish sentiment prevails and traders still prefer to pay for downside risk. Currently, there is a liquidation cluster below approximately 66,500 US dollars for Bitcoin. If the price rises, it may trigger a short squeeze, but overall, market confidence in this rebound remains insufficient.

ChainCatcher news, according to data from Web3 asset data platform RootData, the total amount in the crypto primary market for March 2026 was approximately $2.58 billion, a substantial increase of 286.3% compared to $644 million in February. DeFi, CeFi, and infrastructure were the top three sectors in terms of financing amount, with $1.655 billion, $320 million, and $270 million, respectively. A total of 62 project financing and investment events were disclosed this month, almost equal to last month. In addition, the top three projects in terms of financing were the on-chain prediction market Kalshi ($1 billion), the decentralized prediction platform Polymarket ($600 million), and publicly listed mining company Eightco Holdings ($125 million). Both Kalshi and Polymarket are in the prediction market sector, with a combined financing of $1.6 billion, accounting for 64.3% of the total amount disclosed for the month, making prediction markets the strongest single narrative this month. It is worth noting that if the 12 mergers and acquisitions that occurred this month are included (with a total amount of around $1.857 billion, mainly BVNK being acquired by Mastercard for $1.8 billion), the broad-based total financing amount in the crypto market in March reached around $4.279 billion. Mergers and acquisitions contributed more than 40%, highlighting the accelerated integration of traditional institutions into the crypto sector this month.

According to Odaily, Zach Pandl, Head of Research at Grayscale, stated that the current tokenization market is still in its early stages, with a scale of about $27 billion, accounting for only approximately 0.01% of the global capital market. However, it is expected to grow to nearly $19 trillion by 2033. The development of the tokenization market will advance in phases, with investment opportunities being "released gradually." In the early stage, permissioned networks likely dominated by institutions, such as Canton Network, are expected to gain traction; in the medium term, a hybrid model may emerge, and networks with subnet architectures like Avalanche are set to benefit; in the long run, Ethereum could become the foundation for global decentralized finance, although its adoption pace may be relatively slow. (CoinDesk)