Two whales bought 292,934 HYPE IBIT shares today, ranking among the top 5 ETFs this year

Headlines

▌Two whales bought 292,934 HYPE tokens today, worth $10.09 million

According to Lookonchain monitoring, two whales bought 292,934 HYPE tokens today, worth $10.09 million. Address 0x24aB spent 8.09 million USDC to buy 235,553 HYPE tokens in the past 8 hours, with an average price of $34.35; Address 0xFa0F spent 2 million USDC to buy 57,381 HYPE tokens in the past hour, with an average price of $34.85.

▌IBIT has received $10.7 billion in inflows so far this year, ranking in the top 5 among more than 4,200 ETFs

Nate Geraci, president of The ETF Store, posted on the X platform that iShares Bitcoin ETF (IBIT) has received inflows on 28 of the past 29 trading days, with nearly $8.5 billion in new funds. It has received $10.7 billion in inflows so far this year, ranking in the top 5 among more than 4,200 ETFs. IBIT's total assets now exceed $70 billion. It ranks in the top 25 among all ETFs.

Market

As of press time, according to Coingecko data:

BTC's latest transaction price is $107,773, with a daily increase or decrease of +0.2%;

ETH's latest transaction price is $2,498.48, with a daily increase or decrease of -1.2%;

BNB's latest transaction price is $664.60, with a daily increase or decrease of +0.3%；

SOL's latest transaction price is 172.21 US dollars, and the intraday increase or decrease is -1.2%；

DOGE's latest transaction price is 0.2222 US dollars, and the intraday increase or decrease is -2.2%；

XPR's latest transaction price is 2.31 US dollars, and the intraday increase or decrease is -0.1%.

Policy

▌Plume Network met with the US SEC to propose the establishment of a DeFi sandbox and the development of new rules for tokenized securities

According to Cointelegraph, Plume Network met with the US Securities and Exchange Commission (SEC) to propose the establishment of a DeFi sandbox and the development of new rules for tokenized securities

▌U.S. Treasury Secretary Bessant: We will vigorously develop digital assets

U.S. Treasury Secretary Bessant said on the show that the United States will vigorously develop digital assets. Blockchain is the most important financial technology of this era. Under the leadership of U.S. President Trump, the United States will become a global leader in this new financial frontier. The United States has begun to develop a next-generation framework to support innovation, security and economic dominance in the field of digital assets.

Blockchain Applications

▌Sui team releases zero-knowledge authenticator "Zero-Knowledge Authenticator"

According to Cointelegraph, Sui team released Zero-Knowledge Authenticator, which aims to surpass the scalability of existing solutions such as zkLogin, Plasma and Lightning Network.

▌Cetus releases community update: aggregator service has been restored and is simulating different fund recovery plans

Cetus, which was hacked and stolen $223 million, released a community update, mainly disclosing the following: 1. The affected funds consist of two parts: one part is within Sui, and the other part is mainly bridged outside the ecosystem in the form of ETH. 2. Data recovery work for the Cetus protocol is in progress and is expected to take dozens of hours. 3. Aggregator services have been restored online and support exchange through partners such as Phantom and Binance Alpha. It has been confirmed that the Cetus CLMM pool that was not affected in this incident will resume operation after the accurate position data is fully restored. 4. Active discussions are underway with the Sui Foundation and other community members to finalize key details of the recovery. 5. Two directions are being advanced simultaneously: (1) Resolving the issue as soon as possible through white hat negotiations; (2) Actively collecting clues and evidence to recover funds through legal channels. 6. Different recovery plans are being simulated and technically feasible fund recovery and compensation plans are being designed. 7. A protocol upgrade has been proposed through PoS voting to unlock and return most of the stolen funds currently frozen in the attacker Sui wallet.

▌Swiss watchmaker Franck Muller launches Solana watch series

Swiss watchmaker Franck Muller has launched a series of 1,111 watches that are linked to the Solana wallet, and the linking is done through a QR code on the watch. Each watch is individually numbered and priced at 20,000 francs (about 24,356 US dollars).

Cryptocurrency

▌Altcoin Seasonal Index fell to 22

According to Coinmarketcap data, the Altcoin Seasonal Index is now at 22, down 1 point from yesterday (yesterday was 23). The index shows that in the past 90 days, about 22 projects in the top 100 cryptocurrencies by market value have outperformed Bitcoin, and the market is still in a Bitcoin-dominated season. It is reported that the CMC Cryptocurrency Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to Bitcoin in the past 90 days.

▌Spot Bitcoin ETF weekly turnover reached US$25 billion, a new high in 2025

As of the week of May 24, the US spot Bitcoin ETF recorded the highest weekly trading volume since 2025, with a total transaction volume of US$25 billion and a net inflow of US$2.75 billion, the second highest single-week net inflow for such products since their listing in early 2024. BlackRock's IBIT currently holds 3.3% of the global Bitcoin supply, with a net asset value of more than US$71 billion, about three times that of the second-ranked FidelityFBTC. During the same period, Ethereum spot ETFs saw net inflows of about $250 million, the highest level since early February, despite a slight decline in trading volume.

▌Viewpoint: Ethereum may test the lower limit of the range at $2,380 again

According to @ali_charts analysis, Ethereum may test the lower limit of the previous range-bound area at $2,380 again.

Important Economic Dynamics

▌Survey shows that Trump's tariff measures may cause dissatisfaction among American consumers

A survey conducted by Harris shows that US President Donald Trump is facing difficulties in convincing American consumers of the benefits of his trade war. Most American adults (56%) said that their family finances would be better off if Trump's tariffs were not implemented. About 52% of respondents said that the benefits promised by the tariffs were not enough to offset the economic costs they paid. The assessment comes after Trump's "Liberation Day" tariff plan became the largest U.S. trade protectionist action since the 1930s, pushing U.S. taxes on imported goods to the highest level in nearly a century. The tariffs were rolled out, roiling financial markets and raising new concerns that the U.S. could fall into a recession.

Golden Encyclopedia

▌What is RISC-V?

RISC-V is a modern open source instruction set architecture (ISA) based on the principles of Reduced Instruction Set Computer (RISC). In simple terms, it is like a blueprint that defines a set of instructions that a processor can execute. RISC-V is designed to be highly modular, efficient, and flexible. Originally developed by the University of California in 2010, this open source framework gives developers the flexibility to customize its features and use cases, and saves costs compared to proprietary ISAs such as ARM or x86. RISC-V has a wide range of uses, from supercomputers to smartphones, and now blockchains such as Ethereum. On April 20, 2025, Ethereum co-founder Vitalik Buterin announced a "radical" new expansion plan that will replace the Ethereum Virtual Machine (EVM) with the RISC-V instruction set architecture, aiming to improve the speed and efficiency of the network execution layer. The idea is that RISC-V is the best solution to the scalability limitations of blockchains.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.