Daily Market Wrap | Jan. 09

Hot Topics

• U.S. spot Bitcoin ETFs post $399M outflows on Thursday, extending three-day negative streak.
• Florida lawmakers file 2026 bills to create state-managed Bitcoin reserve.
• JPMorgan says crypto de-risking is likely over as ETF flows and positioning stabilize this month.

Market Updates

• SharpLink stakes $170M ETH on Linea for enhanced yields via restaking and incentives.
• Truebit's TRU token crashes 99.9% after $26.6M exploit drains 8,535 ETH via old contract flaw.