Gate News bot message, according to March 11 update data, Bitcoin ETFs recorded a daily net inflow of 3,392 BTC ($238.46 million) and a 7-day net inflow of 3,543 BTC ($249.1 million). Ethereum ETFs showed a daily net outflow of 1,207 ETH ($2.49 million) and a 7-day net outflow of 21,846 ETH ($45 m

Gate News: On March 11, Zhao Changpeng posted questioning Forbes' valuation methods, suggesting they may be biased. He pointed out that ByteDance's estimated annual revenue is $150 billion, with its founder Zhang Yiming's estimated net worth at $69 billion; meanwhile, a certain CEX estimates annual revenue at $5 billion, but Zhao's personal estimated net worth is as high as $110 billion. Zhao further stated that if he claims his assets are higher, he might be ranked lower or even removed from the list. Forbes seems to prefer estimating the opposite scenario.

Institutional funds are flowing back into the Bitcoin market, with the US stock spot Bitcoin ETF recording a net inflow of $167 million, while investments in Ethereum and others are continuously withdrawing. The current price of Bitcoin is approximately $71,000. Analysts believe that under the influence of the macro environment and geopolitical factors, institutions prefer Bitcoin. Long-term institutional holdings are still increasing, with future target prices possibly ranging from $110,000 to $170,000. On the technical side, $72,000 is an important resistance level, and a drop below $65,000 could trigger a correction.

According to the recent Forbes list, Trump's net worth has reached $6.5 billion, a year-over-year increase of $1.4 billion, ranking him at 645th place, mainly thanks to his cryptocurrency business. Through his crypto enterprise World Liberty Financial's issued tokens, he has a net income of approximately $550 million.

Gate News reports that on March 11, according to Arkham monitoring, Circle has issued a net increase of over 8 billion USDC since early February and has added them to the circulating supply. This means that Circle has injected over 8 billion USDC stablecoins into the market in the past month.

Ethereum network activity reaches a new all-time high, with multiple indicators showing a significant increase in daily active addresses and smart contract calls. However, ETH price has fallen about 30% over the past six months, indicating a net capital outflow. Analysis suggests that capital flows have a greater impact on price. Despite Ethereum hosting a large amount of stablecoins, its value capture has not kept pace with the growth in network usage.

Ethereum network activity reaches a record high, but ETH prices have not risen accordingly, and on-chain transaction fee revenue has not significantly increased. Transaction data shows that the correlation between on-chain activity and price has weakened, with new demand not translating into higher ETH valuation, leading to net capital outflows from the market. Stablecoins still dominate the Ethereum ecosystem, but overall economic activity is dispersed across layer 2 networks, indicating a separation between network usage and asset value capture.

On March 11, Farside Investors reported a net inflow of $246.9 million into the U.S. Bitcoin spot ETF, with BlackRock, Fidelity, and Bitwise as the main contributors. At the same time, the Ethereum spot ETF saw a net inflow of $12.6 million.

On March 10th, XRP spot ETF experienced a net outflow of $3,880,300 in a single day, mainly from the Bitwise XRP ETF. The total net asset value is currently $981 million, with a historical net inflow of $1.214 billion.

Gate News Report, March 11 — According to crypto analyst Trader T's monitoring, on March 10, the US Ethereum spot ETF saw a net inflow of $3.82 million. Among them, Fidelity's FETH had the most significant net inflow of $16.22 million; 21Shares' TETH had a net inflow of $1.01 million; Grayscale's