Morning Bulletin - 12.11.2025

Spot Bitcoin ETFs in the U.S. recorded $524 million in net inflows during yesterday’s trading session, with BlackRock receiving $224 million and Fidelity attracting $165 million in investments.

Ether spot ETFs ended the day with $107 million in net outflows.

The decentralized futures platform Lighter raised $68 million in funding at a $1.5 billion valuation.

At the time of writing, Bitcoin (BTC) is trading at $103,309, while Ethereum (ETH) stands at $3,446.

The Fear and Greed Index is at 26, indicating fear.

Key developments to watch today:

Aptos (APT): Unlock of 11.5 million tokens will take place.

Pump (PUMP): Unlock of 2.1 billion tokens will take place.