Ethereum ETFs Record Inflows: There has been a significant influx into Ethereum spot ETFs, with a record-breaking $855 million in net inflows during the week of December 9–13, 2024. Blackrock's ETHA ETF and Fidelity's FETH have been at the forefront of this trend, suggesting a growing investor interest in Ethereum compared to Bitcoin, which saw outflows during the same period. MOCA's Surge on Upbit: The cryptocurrency MOCA, associated with the Moca Network under Animoca Brands, experienced a 350% increase in value after listing on Upbit, South Korea's largest digital asset exchange. This listing has sparked discussions on the potential of MOCA and the impact of major exchange listings on crypto valuations. Fukuhedrons NFT Collection's Success: The Fukuhedrons, a 10,000-piece Ordinals PFP collection by Nakamigos, has seen its value skyrocket from $200 to over $1000 post-minting. It has quickly become one of the top traded NFTs across all blockchain platforms, showcasing strong community support and enthusiasm for this project. Trump's DeFi Project: World Liberty Financial, a project linked to Donald Trump, has been actively investing in various cryptocurrencies, spending approximately $45 million. This activity has sparked discussions about the project's strategy and its potential influence on the DeFi market, focusing on Ethereum, Coinbase Wrapped BTC, and other tokens. These trends underline a dynamic week in the blockchain sector, with significant movements in ETF investments, NFT valuations, and high-profile financial activities influencing the market.
