Daily Market Recap: Oct 10th

**Market Highlights:** US spot Ethereum ETFs saw a recent shift in investor sentiment, with outflows totaling $8.7 million after an eight-day inflow streak exceeding $1.97 billion. While BlackRock’s ETHA ETF contributed a positive $39.3 million, other funds experienced losses. Bitcoin saw a dip below the $121,000 mark as gold and silver retreated from recent highs, with broader altcoins also experiencing a decline in tandem with the US government shutdown affecting markets. BlackRock’s IBIT surpassed 800,000 BTC, PayPay secured 40% of Binance Japan, JPMorgan predicts significant Solana ETF inflows, and Kraken added CME futures while Ocean Protocol exits an AI token alliance. **News Round Up:** Monero’s ‘Fluorine Fermi’ update enhances user privacy by refining peer selection to mitigate connections with potentially malicious spy nodes. The Layer-1 blockchain Monad will open its token airdrop claims portal on October 14th, but details regarding the allocation of tokens are yet to be disclosed. The project’s token is valued at $0.12, and a total FDV of $12 billion is anticipated.**