Jan 3, 2026 · 9:00 PM PST
Influencer Desk — Narrative Briefing
Bitcoin: ~$91,300
24h Range: ~$89.4k → $91.3k (range expansion to the upside)
Narrative Shift
Influencer discourse pivoted decisively today — away from moral debate and toward macro power dynamics. Bitcoin is no

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Wall Street bank Morgan Stanley recently officially filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, further expanding its strategy to penetrate the market...

Morgan Stanley has filed an application to launch an Ethereum spot ETF.

Author: Yuanshan Insights
Data Source: Farside Investors, SoSoValue, Fed H.4.1 Report, CryptoQuant

On the first trading day of 2026, BTC ETF saw a net inflow of $471 million.

What does this figure mean?

In November and December, the combined net outflow of spot BTC ETFs was approximately $4.57 billion; with a net outflow of approximately $1.09 billion in December alone.

Many people frantically sold at a loss above 93K, and institutions bought back about one-tenth of that amount on January 2nd alone.

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