According to data from SoSoValue, Ethereum spot ETFs saw a net outflow of $41.8274 million yesterday (February 18th, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow was BlackRock ETF ETHA, with a net outflow of $29.9343 million. ETHA's historical total net inflow has reached $11.97 billion. This was followed by Fidelity ETF FETH, with a net outflow of $8.2252 million. FETH's historical total net inflow has reached $2.479 billion. As of press time, the total net asset value of Ethereum spot ETFs was $11.121 billion, with an ETF net asset value ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 4.75%. The historical cumulative net inflow has reached $11.655 billion.

According to data from SoSoValue, Bitcoin spot ETFs saw a net outflow of $133 million yesterday (February 18th, Eastern Time). The BlackRock ETF (IBIT) experienced the largest single-day net outflow, at $84.1949 million, while IBIT's historical total net inflow has reached $61.403 billion. This was followed by the Fidelity ETF (FBTC), with a net outflow of $49.0749 million, while FBTC's historical total net inflow has reached $10.939 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $83.625 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.31%, and a historical cumulative net inflow of $54.091 billion.

Odaily Planet Daily reports that U.S. Senator Bernie Moreno stated that the CLARITY Act, a bill structuring the crypto market, is expected to pass Congress before April. In an interview with CNBC, Moreno said that the bill's progress has now found a clear path. Coinbase CEO Brian Armstrong, in the same interview, stated that while there were previous disagreements regarding stablecoin interest terms and regulatory jurisdiction, all parties are now seeking a "win-win" solution. The report notes that stablecoin yield terms are one of the main points of contention in the bill's progress. Moreno also stated that he does not believe the midterm election results will affect the bill's passage. Previously, White House officials also expressed positive expectations for the bill's progress earlier this year. (Cointelegraph)

According to Odaily Planet Daily, crypto journalist Eleanor Terrett wrote on the X platform that the third stablecoin yield conference is scheduled to be held at the White House tomorrow morning at 9:00 AM Eastern Time. A small group of representatives from the cryptocurrency industry and the banking sector are expected to attend.

Three researchers from the Federal Reserve System published a paper on February 12th, arguing that data from the prediction market platform Kalshi can reflect macroeconomic expectations more in real time and should be included in the Fed's decision-making framework. The authors include Fed Chief Economist Anthony Diercks, research assistant Jared Dean Katz, and Johns Hopkins University researcher Jonathan Wright. The study compared Kalshi data with traditional surveys and market-implied expectations, concluding that Kalshi provides high-frequency, continuously updated probability distributions for measuring the risk-neutral probability of macroeconomic indicators such as interest rate decisions. The researchers noted that Kalshi reacts more quickly after major policy statements or economic data releases. However, the report emphasizes that the Fed's research paper is for internal discussion and does not represent a formal policy stance. (Cointelegraph)