Global Markets

Gate News bot message, according to the March 12 update, Bitcoin ETFs recorded a 1-day net inflow of 1,965 BTC (approximately $138.48 million) and a 7-day net inflow of 321 BTC (approximately $22.65 million). Ethereum ETFs showed a 1-day net inflow of 19,243 ETH (approximately $39.99 million), but

Circle's stock price has risen approximately 126% recently, significantly outperforming other cryptocurrency companies, reflecting the resilience of USDC's market share and its leading position in stablecoin infrastructure. Analysts believe stablecoins may become the dominant standard for cross-border payments.

On March 12, Bitcoin's ratio against gold displayed bullish divergence, indicating weakened selling pressure and potentially serving as a reference point for Bitcoin's long-term trend bottom. Bitcoin ETF net inflows reached approximately $906 million, while gold ETF experienced single-day outflows of $3 billion, forming a notable divergence. Despite ETF trading volume being lower than US equities, there remains significant room for institutional capital entry. Historically, Bitcoin has often rebounded following geopolitical turmoil.

Gate News reports that on March 12, according to Gate data, oil prices continued to rise, with WTI crude oil April futures gaining over 10% intraday, breaking through $96 per barrel.

Goldman Sachs becomes largest holder of XRP ETFs.  The entity now holds a total of $153.8 million in holdings.  This shows a promising future for the price of XRP. The crypto community is thrilled to see the slight rise in crypto prices today. Presently, the price of Bitcoin (BTC), the p

Iran's Supreme Leader announced that the Strait of Hormuz will remain closed, causing geopolitical tensions and raising international oil prices. U.S. oil stocks and crude oil ETFs surged significantly. Whale address neoyokio.eth opened a 4x leveraged long position on crude oil on the Hyperliquid platform, investing 5.2 million dollars, with current unrealized gains of 32,000 dollars.

On March 12, the price of gold fell to $5,166.58 per ounce, and the price of silver fell to $86.445 per ounce. The volatility indices for Bitcoin and Ethereum were 54.47 and 74.31, respectively. The US dollar declined against the Chinese yuan and rose against the Japanese yen. European stock indices generally declined, while WTI and Brent crude oil rose. The Gate platform supports trading of various financial assets.

Exchange-traded funds (ETFs) tracking the cryptocurrency XRP have attracted approximately $1.4 billion in cumulative inflows since their launch, according to recent data from analysts at Bloomberg Intelligence. The figures suggest sustained investor interest in XRP-based investment products

Analyst Dara Doyle stated that following Mujtaba Khamenei's election, his hawkish rhetoric indicates Iran is not prepared to make concessions to the US and Israel, will continue to close the Strait of Hormuz, and threatens to open new fronts. This has intensified market concerns about oil supply disruptions, leading to rising oil prices and US Treasury yields, falling stock markets, and the US dollar index reaching intraday highs.

Gate News reported that on March 12, U.S. stocks opened significantly lower. The Dow Jones fell 1.15%, the S&P 500 index fell 0.9%, and the Nasdaq fell 0.92%.

Gate News reports that on March 12, spot gold experienced an intraday decline that briefly expanded to $25 following the announcement of Iran's new Supreme Leader statement, currently trading at $5172.2 per ounce.

Gate News reports that on March 12, market data shows spot silver gained 2.00% intraday, currently trading at $87.42 per ounce.

BlackRock officially launched its first "Staking Ethereum ETF (ETHB)," addressing market demand for cryptocurrency yield. The fund not only provides exposure to Ethereum spot prices but also engages in staking to earn rewards, attracting retail and institutional investors. With management fees as low as 0.12%, BlackRock has captured 95% of capital inflows in the digital assets space and emphasizes that the sector remains in early adoption stages.

The ABA chair-elect warns that rising stablecoin use could harm U.S. banks by reducing deposits, impacting rural lending and community loans. Without regulation, banks may need to innovate to retain depositors and support local economies.

Robert Kiyosaki warned on X platform that 2026 will see the biggest stock market crash in history, and accused BlackRock of being a "Ponzi scheme." He advised investors to purchase Bitcoin, Ethereum, and tangible assets like gold, even suggesting skipping meals to buy silver if lacking funds. He emphasized the importance of taking action and criticized current societal trends.

Mega Bank conducted a practical comparison between stablecoins and traditional banks for cross-border remittances. The results indicate that stablecoins are faster and cheaper for small transfers, but when the amount exceeds approximately $7,000, banks have a significant cost advantage. Stablecoin cross-border remittances are impacted by regulatory restrictions in multiple countries, and real-world application scenarios still require further investigation. Dong Ruibin emphasized that traditional banks possess irreplaceable infrastructure in fund settlement and compliance management.

The Bank of Canada completed the "Project Samara" trial, successfully issuing 100 million CAD in tokenized government bonds, becoming the first case of bonds using distributed ledger technology. Participating institutions include multiple banks, aiming to improve financial market efficiency. The trial demonstrated that blockchain can shorten settlement times but requires overcoming regulatory challenges and exploring integration with existing systems. Financial institutions worldwide are increasingly concerned about tokenized assets, and Canada is also establishing a corresponding regulatory framework.

Monex Europe analyst report indicates that the Iran conflict is driving safe-haven flows toward the US dollar, and the dollar may continue to be supported in the short term due to rising oil prices and the Federal Reserve maintaining a tight monetary policy. However, in the long term, receding energy price concerns could expose the dollar to downside risks.

BlackRock launched the iShares Staked Ethereum Trust ETF (ETHB) on March 12, which will trade on Nasdaq starting March 13. The ETF will hold spot Ethereum and stake a portion of its assets, charging a 0.25% fee, with a 0.12% discount for the first $2.5 billion in assets, expanding its digital asset product line.

Gate News: On March 12, Nasdaq-listed company Cosmos Health announced an investment of $600,000 to increase its Bitcoin holdings. To date, the company's total digital asset reserve investment has reached $3.1 million, holding Ethereum in addition to Bitcoin. (Source: Globenewswire)