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According to monitoring by AiCoin, there was a large outflow of funds from the US spot BTC ETF market yesterday, with a net outflow reaching $545 million. Among them, the largest outflow was from IBIT, with a single-day net outflow of $373 million; followed by FBTC, with a total of $86.4 million. According to the [Spot BTC ETF Tracking] live trading strategy developed by AiCoin, ETF fund inflows have a significant positive correlation with the price of BTC. You can subscribe to the indicator to enable the program to automatically place orders based on fund flows. Data is for reference only.

Glonghui, February 5th｜JPMorgan released a research report stating that AMD's performance and guidance for the last quarter were mixed. Revenue for the fourth quarter last year was solidly above expectations, but this was mainly due to an unexpected income of nearly $400 million. Although the adjusted gross margin was slightly better than expected, this was completely offset by operating expenses that were about $200 million higher than guidance, marking several consecutive quarters where AMD's expenses exceeded expectations. Therefore, despite the first quarter guidance also beating expectations, AMD's ability to generate operating leverage remains in question and may become a short-term pressure on the stock price until the company can deliver convincing performance (most likely in the second half of this year), especially as the MI450/Helios chips are set for mass production later this year, which may pose downside risks to gross margins. In terms of supply chain capabilities, the bank believes AMD appears to be well prepared for the large-scale deployment of the MI450 later this year and will continue to expand supply chain investment in 2026 to cope with subsequent deployment growth. The bank remains neutral on AMD, as the current valuation already fully reflects its value, maintaining a target price of $270 and a "Neutral" rating.

ChainCatcher reported that digital asset custody platform Fireblocks has announced an integration partnership with the Bitcoin Layer2 network Stacks. The two parties will open up native Bitcoin DeFi service channels for institutional users, with this feature expected to officially launch in Q1 2026. This integration will allow Fireblocks’ more than 2,400 institutional clients to participate in the Stacks-based DeFi ecosystem without having to sell their BTC holdings. Services include custody of STX tokens, sBTC minting and cross-chain operations, BTC-collateralized lending via Zest and Granite, as well as participation in Hermetica’s BTC yield vaults and Bitflow’s native trading and liquidity services.