[Today's Global Trending Coins] Bitcoin·Ethereum·USDC and More

Suehyeon Lee

Summary

Bitcoin (BTC) recently reported over $1 billion in capital inflows into the US Bitcoin spot ETF, bringing the cumulative net inflow to about $50 billion.
Ethereum (ETH) has seen $8.5 billion in network capital inflows this year, contrasting last year’s net outflow of $7.4 billion.
USDC's issuer Circle saw its stock price rise by over 500% following its IPO, but investment banks' target price forecasts currently range widely from $80 to $250.

According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) Top Gainers of Kaito, an AI-based Web3 search platform, as of the 5th, the top 5 keywords in the virtual asset category that have received the most attention are Bitcoin (BTC), Ethereum (ETH), USDC, Anoma, and OKB.

Bitcoin has drawn attention as its spot ETF saw capital inflows of over $1 billion over the past two days. The US Bitcoin spot ETF recorded net inflows of $407.8 million on the 2nd and $601.8 million on the 3rd, reaching a net inflow of over $1 billion in two days. As a result, the cumulative net inflow of the US Bitcoin spot ETF is reported to be about $50 billion. Meanwhile, on CoinMarketCap, Bitcoin is currently trading at $108,141.03, down 0.85% from the previous day.

Ethereum attracted attention with reports of capital inflows of $8.5 billion into the network this year. This contrasts with the net outflows of $7.4 billion reported last year. At present, Ethereum is trading at $2,514.78 on CoinMarketCap, up 2.13% from the previous day.

USDC has come under the spotlight as its issuer, Circle, is seeing a steady rise in its stock price following its IPO. On the 3rd, Circle closed the day at $188.77, up 6.07%. Since its listing on the 5th of last month, Circle's stock price is reported to have risen by over 500%. However, Wall Street analysts have mixed views on Circle's future prices. Among 10 investment banks (IBs) providing target prices for Circle since the end of last month, targets ranged from $80 to $250.

The blockchain tech company Anoma reportedly saw an increase in online mentions recently after disclosing the 'Anoma Yappers Leaderboard' in collaboration with Kaito. Anoma plans to allocate 0.7% of all tokens to 'Anoma Yappers' via the Kaito Yappers Leaderboard and the remaining 0.3% to the Kaito community.

OKB, the native token of OKX, has drawn investor attention with news of OKX's expansion in the US market. Currently, OKB is trading at $48.91 on CoinMarketCap, down 2.09% from the previous day.

Additionally, investors have shown interest in Skate (SKATE), World Liberty Financial (WLFI), Novas, Katana, and Noya.