Trader T分析称，北美黄金 ETF 资管规模在20 年内达到 1400 亿美元，而比特币 ETF仅用时340 天便达到这一里程碑。 昨日消息，K33 研究主管 Vetle Lunde 表示，“在美国，比特币 ETF 的管理资产规模（1293 亿美元）已超过黄金 ETF（1289 亿美元）。黄金虽然有 20 年的先发优势，但如今已被反超。”

According to BlockBeats, recent data monitored by Trader T indicates that the U.S. Bitcoin spot ETF experienced a substantial net inflow of $743.98 million on December 18. This significant movement in the market highlights growing investor interest and confidence in Bitcoin-related financial products. The influx of capital into the Bitcoin spot ETF suggests a positive sentiment among investors, potentially driven by broader market trends and the increasing acceptance of cryptocurrencies in mainstream finance. This development is noteworthy as it reflects the ongoing evolution of the cryptocurrency market and its integration into traditional investment portfolios. As the cryptocurrency landscape continues to mature, the performance of Bitcoin spot ETFs will likely remain a key indicator of market dynamics and investor behavior. The substantial inflow observed on December 18 underscores the importance of monitoring such financial instruments to understand the shifting trends in the digital asset space.

According to Odaily, Aave co-founder Stani recently shared his views on a controversial proposal by the Polygon team regarding the investment of user funds from the Polygon bridge into decentralized finance (DeFi) without adequate risk protection. The proposal, developed with the assistance of undisclosed partners, has sparked dissatisfaction among Polygon users, who are concerned about the dual use of their funds, drawing parallels to fractional banking practices. Aave service providers, including risk providers, have been made aware of the proposal's implications, especially considering that 40% of Polygon's total value locked (TVL) is deposited in Aave. Aave's primary governance functions operate on Polygon, and the existing safety module provides insurance for the market on Polygon. This proposal significantly impacts Aave's risk management strategies. In response, Aave Chan Initiative (ACI) has initiated discussions to adjust risk parameters to safeguard user funds, taking into account past incidents like the Harmony bridge hack. Notable contributors, such as Andre Cronje, have also voiced similar concerns during governance discussions. The Polygon team has since retracted their proposal, attributing its failure to Aave's leadership and making inaccurate claims about Aave's infrastructure. Aave clarified that its infrastructure supports custom markets, as demonstrated by Lido's creation of one. Aave also supports immutable governance if needed and allows governance using one's own tokens under its friendly fork policy. If Polygon seeks better control over bridge asset investment strategies, it can easily establish a tailored market with additional security assurances, which other protocols lack. Aave is a flexible lending infrastructure and capital efficiency system designed to accommodate various use cases, with V4 expected to be an even more exciting product. The primary feedback from Polygon users is their dissatisfaction with the network's unauthorized use of their funds for high-risk investments. Aave's proactive discussions and actions to protect users align with the responsibilities of a decentralized autonomous organization (DAO). Characterizing Aave DAO's proposal as anti-competitive is inaccurate and diverts attention from the real issue: user safety. Aave DAO is not interested in inheriting third-party protocol risks without DAO consent, and ACI has taken necessary steps to define the future development of the Polygon market. Previously, the Aave community received a proposal from contributor team Aave Chan, led by founder Marc Zeller, to withdraw lending services from Polygon's PoS chain. This was in response to another proposal from the Polygon community to generate returns using over $1 billion in bridged assets. Zeller's proposal aims to phase out Aave's lending protocol to protect it from potential future security risks. He suggested adjusting risk parameters on Aave protocol versions 2 and 3 on the Polygon PoS chain to mitigate threats posed by bridged stablecoins and generate returns if Polygon's proposal is approved. His proposal recommends stringent measures to counter potential risks in the Aave lending market on the Polygon PoS chain, including setting a 0% loan-to-value ratio for all assets and increasing the reserve factor to 85%, effectively preventing further deposits or users from borrowing against collateral.

据 Farside Investors 数据，昨日美国比特币现货 ETF 净流入 4.9648 亿美元，连续 14 个交易日净流入。

稳定币,美股T+1结算加速时代：亚太投资者的困局与传统机构争借稳定币打造跨境实时清算新机遇 金色财经,全球稳定币格局正以一种奇妙的方式悄然蜕变。

据 Tree News 监测，昨日贝莱德 IBIT 净流入 7.336 亿美元。

Aave 联创 Stani于X发布对 Polygon 桥接基金投资提案的看法： 1. Polygon 团队（在合作伙伴的帮助下）提出了一项提案，将用户的资金从 Polygon 桥接中取出，并在没有足够风险保护的情况下将其投资到 DeFi 中。他们秘密选择了合作伙伴，有人说他们获得了一笔巨额代币交易。 2. 阅读提案后，Polygon 用户理所当然地对他们的资金被双重使用感到不满，这类似于部分银行业务。 3. Aave 服务提供商（包括风险提供商）了解了该提案，鉴于 Polygon TVL 的 40% 存入 Aave，Aave 的主要治理功能在 Polygon 上运行，现有的安全模块为 Polygon 上的市场提供保险，该提案对 Aave 的风险管理产生了重大影响。 4. ACI 采取行动，围绕调整风险参数以保护用户资金展开讨论（考虑到 Harmony 桥接黑客攻击造成的创伤后应激障碍）。其他著名贡献者，如Andre Cronje，在治理讨论中表达了类似的担忧。 5. Polygon 团队放弃了使命，迅速编造了不支持该提案的叙述，并将提案的失败归咎于 Aave 的领导层。 他们还对 Aave 的基础设施提出了一些不准确的主张。 特此澄清： Aave 的基础设施支持定制市场（Lido 创建了一个此市场）。如果需要，Aave 支持不可变治理。Aave 甚至允许在其友好的分叉政策下使用您自己的代币进行治理。如果 Polygon 想要更好地控制桥接资产的投资策略，那么可以轻松催生一个量身定制的市场，并额外保证大型高效的安全模块，这是其他协议所没有的。 Aave 是灵活的借贷基础设施和资本效率系统，旨在满足不同的用例。V4 将是一个更令人兴奋的产品。 Polygon 的主要反馈是 Polygon 用户对网络未经同意使用他们的资金进行高风险投资感到不满。Aave 开启讨论并采取行动保护用户的事实正是 DAO 应该做的。 将 Aave DAO 的提议定性为反竞争行为是不准确的，并且转移了对真正问题的注意力：用户安全。在未经 DAO 同意的情况下继承第三方协议的风险并不是 Aave DAO 感兴趣的事情，ACI 采取了必要的步骤来定义 Polygon 市场的下一步发展。” 此前消息，Aave 社区收到了贡献者团队 Aave Chan 的一项提案，要求其从 Polygon 的 PoS 链上撤回借贷服务。这是对 Polygon 社区另一项提议的回应，该提议利用超过 10 亿美元的过桥资产来产生收益。 该提案由 Aave Chan 创始人 Marc Zeller 撰写，旨在逐步淘汰 Aave 的借贷协议，以保护该协议免受未来潜在的安全风险。他要求调整 Polygon PoS 链上 Aave 协议版本 2 和版本 3 的风险参数，以减少使用桥接稳定币可能带来的威胁，并在 Polygon 的提案获得批准后产生回报。 他的提案建议采取严格措施来抵消 Polygon PoS 链上 Aave 借贷市场的潜在风险。这些措施包括为所有资产设定 0%的贷款价值比，并将准备金率提高到 85%，从而有效地阻止进一步存款或阻止用户用抵押品借贷。

Congressman Derek Merrin introduced the Ohio Bitcoin Reserve Act, allowing the state treasurer to invest in Bitcoin without mandatory requirements. source: https://coincu.com/297509-ohio-bitcoin-reserve-act-now-paved-to-2025

Swell 宣布 Wavedrop 2 已结束，奖励代币申领截至 1 月 10 日。Wavedrop 3 已开始，团队即将提供有关如何最大化 SWELL 奖励的更多详细信息。 此前消息，Swell 于 X 宣布 Wavedrop 3 将发放 125,000,000 枚 SWELL 真实代币奖励，不再有积分。代币将通过新的奖励机制流入对应钱包，取代了黑珍珠（Black Pearls）和生态系统积分。从 12 月 17 日起，这些积分将停止累积。用户届时将能够以 wSWELL 在链上跟踪 Wavedrop 收入。

According to Odaily, Ryan Sean Adams, co-founder of Bankless, recently expressed his views on Ethereum's significance as a currency. In a post on X, Adams emphasized the importance of Ethereum (ETH) as a foundational currency, stating that without it, the entire concept loses its meaning. He argued that if a Layer 1 blockchain supports decentralized finance (DeFi) but can be shut down through government intervention, it merely functions as financial technology with additional steps. Adams highlighted the need for a genuine internet sovereign currency system, which has been a focal point in the cryptocurrency sector. He pointed out that for such a system to exist, a substantial economic asset is necessary to serve as the base currency, capable of competing with the G7 currencies. Adams believes that Ethereum must reach a market capitalization of ten trillion dollars to fulfill this role effectively, or else the entire endeavor becomes meaningless.

According to PANews, the cryptocurrency market experienced a day of mixed performance with several tokens showing significant gains and others facing notable declines. Leading the gainers, Litecoin (LTC) is currently priced at $127.14, marking a 9.92% increase within the day. Hedera (HBAR) follows with a price of $0.289, reflecting a 4.24% rise. Additionally, MANTRA (OM) is trading at $4.0042, up by 3.85%, while Uniswap (UNI) stands at $16.06, with a 2.23% increase. Chainlink (LINK) also saw a modest gain, priced at $27.891, up by 1.00%. On the other hand, several tokens experienced declines. Stacks (STX) is currently priced at $2.190, showing a significant drop of 7.72% for the day. NEAR Protocol (NEAR) follows with a price of $6.271, down by 5.78%. Blur (BLUR) is trading at $0.329, reflecting a 5.48% decrease. ZRO is priced at $6.436, experiencing a 4.57% decline, and Satoshi (SATS) is at $0.000000209, down by 4.47%. These fluctuations highlight the volatile nature of the cryptocurrency market, with investors closely monitoring the performance of various tokens.

The US Senate Banking Committee has cancelled Caroline Crenshaw’s renomination, ending her tenure as SEC commissioner. Known for her anti-crypto stance, Crenshaw opposed Bitcoin ETFs and pushed for stricter crypto oversight. While the crypto community celebrates, is the victory premature?

2025 年，以太坊将受益于几大趋势。其中最大的趋势之一是：价值 100 万亿美元的现实世界资产市场。

金色财经推出加密货币和区块链行业早报《金色早8点》第2542期，为您提供最新、最快的数字货币和区块链行业新闻。

「DeFi 本质上是回归到金融的最本质，就是一个信息网络。」

金色财经推出《金色Web3.0日报》，为您提供最新、最快的游戏、DeFi、DAO、NFT和元宇宙行业新闻。

特朗普的DeFi项目WLFI在12月大举购入加密资产，累计支出接近4500万美元，其中包括ETH、cbBTC、LINK、AAVE、ENA及最新的ONDO。

虚拟货币,香港,香港虚拟资产指数如何改变亚洲加密货币市场？ 金色财经,港交所新指数能否为亚洲加密市场带来稳定和信心？

过去 10 年里加密货币曾 8 次出现「圣诞老人反弹」。

其他板块猛烈上涨，BTC 生态相关、NFT 以及 GameFi 却是无动于衷，这些赛道还有未来吗？