Announcements Gate Research: Global Active Wallets Exceed 400M, BTC & ETH ETFs Record 10 Days of Consecutive Inflows

Gate Research: Global Active Wallets Exceed 400M, BTC & ETH ETFs Record 10 Days of Consecutive Inflows

2024-12-12 10:43:45 UTC 12343 Read

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Gate Research Weekly Review & Outlook: This week, BTC faced resistance in its upward movement, with prices fluctuating around $100,000. The total inflow of ETH ETFs set a new record at $698 million, and BlackRock increased its ETH holdings by $500 million. AI Meme coins led the altcoin sector, with ELIZA and ai16z rising by 80.33% and 45.17%, respectively. Riot Platforms completed $525 million in financing, further advancing its Bitcoin acquisition plans. The number of active global wallet addresses surpassed 400 million, indicating steady progress in crypto adoption. Gaming infrastructure and publisher Xterio launched a large-scale $XTER points reward campaign. Stacks will deploy the first phase of its sBTC Bitcoin deposit function on December 16.

![](https://gimg2.gateimg.com/image/article/1734051430wz_en_2x.webp)

**Market Analysis**: Bitcoin prices showed significant volatility, trading between $94,000 and $101,000. The altcoin market displayed mixed performance, with notable gains in key sectors—AI Meme rose 42.1%, Perpetuals gained 22.6%, and The Boy's Club increased 15.2%—demonstrating strong market performance.

**Weekly Spotlights**: BlackRock acquired $500 million in ETH, doubling its Ethereum ETF holdings. HashKey Chain launched its $50 million Atlas Grant program to identify high-quality Web3 projects.

**Data Highlights**: Active global wallet addresses have surpassed 400 million, reflecting increased global adoption, continuous technological innovation, and deeper integration with traditional financial systems. Meanwhile, spot ETF demand remains strong despite market corrections, maintaining net inflows for over 10 consecutive days.

**Market Opportunities**: This week's notable airdrop is Xterio, a gaming infrastructure and publisher. On December 12, Xterio launched a large-scale $XTER points reward campaign. Participants can earn points by completing tasks through interactions with the Xterio AI Agent, which may be redeemable for future airdrop benefits.

**What to Watch Next Week**:  Bitcoin scaling solution Stacks will deploy the first phase of its sBTC Bitcoin deposit function on December 16. On December 17, the U.S. will release November's retail sales month-on-month data, reflecting changes in consumer spending during November.

Deep Dive into This Week's Review 👉🏻  [Gate Research: Global Active Wallets Exceed 400M, BTC & ETH ETFs Record 10 Days of Consecutive Inflows](https://www.gate.io/learn/articles/gate-research-global-active-wallets-exceed-400m-btc--eth-etfs-record-10-days-of-consecutive-inflows/5068?ch=GSW_ann_20241212&utm_campaign=TR_Fu7lwm8l&utm_content=&utm_medium=CPM&utm_source=CH_79kTf7RP&utm_term=)

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Gate.io Team
December 13th, 2024

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