Tracking the Hong Kong stock concept | Market warming up, US Bitcoin ETF attracted nearly $1 billion in a single day. How to interpret the follow-up trend? (with concept stocks)

The US Bitcoin spot ETF rebounded last Friday (January 3rd) after experiencing continuous outflows of funds last month, with a net inflow of funds of 9.081 billion US dollars, setting a single-day record since the end of November last year. According to data from the UK asset management company Farside Investors, this nearly 1 billion US dollar fund inflow marks a reversal of the continuous fund outflow trend that started last month and continued into early 2025, including a 2.423 billion US dollar fund outflow last Thursday. The rebound in fund inflows on Friday pushed the total inflow for three days to a positive value of 6.658 billion US dollars. Furthermore, the optimistic sentiment continued on Monday, with the US Bitcoin spot ETF seeing a net inflow of 9.7821 billion US dollars. After encountering setbacks last month, Bitcoin has resumed its uptrend. Investors are betting that the crypto-friendly Trump administration will relax regulations on digital currencies. In addition, some investors are pushing up the price of Bitcoin as it is increasingly being used as an inflation hedge tool. The Fed expects inflation to reach 3% in 2025, above the 2% target. According to data compiled by etf.com, there are currently 11 Bitcoin spot ETFs in the US, holding a total of 1.1 million bitcoins, accounting for approximately 5.5% of the circulating supply of Bitcoin. 2024 was a year of great success for cryptocurrencies, with the world's largest digital asset Bitcoin soaring over 120%, surpassing $100,000. Analysts point out that Bitcoin's trend may rise to over $125,000 in the first quarter, or drop to around $77,000, depending on whether President-elect Donald Trump will quickly fulfill his promises to the cryptocurrency industry after taking office. Whether Trump's promises in the cryptocurrency industry can be fulfilled immediately after his inauguration will have a major impact on Bitcoin prices. His series of public statements and commitments supporting Bitcoin and the cryptocurrency industry, such as hinting at plans to establish a strategic reserve of Bitcoin, have raised expectations in the market for his support of digital assets and his plan to make the US a leading force in the global crypto industry. At the same time, another key catalyst for Bitcoin prices in January may be the portfolio rebalancing of financial institutions. Hedge funds and asset management companies typically rebalance their portfolios in January to develop annual strategies, adapt to market conditions, and optimize tax implications, which could have a pushing or inhibiting effect on Bitcoin prices. Related concept stocks: BOYAA (00434): BOYAA recently announced that between November 19th and November 28th, 2024, they exchanged about 14,200 ethers for about 515 bitcoins. The total market value of this exchange is approximately $49.48 million, with the original cost of the ETH used being approximately $39.45 million. After the exchange, BOYAA Group accumulated about 3,183 bitcoins with an average holding cost of about $57,724 per bitcoin. MEITU (01357): MEITU announced that on December 4, 2024, Meitu Investment sold a total of about 15,703.94 units of ether and 470.19 units of bitcoin for a total cash price of approximately $55.49 million and $44.85 million, respectively. Including previous sales in November 2024 and the aforementioned sales on December 4, the group has sold a total of about 31,000 units of ether and 940 units of bitcoin for a total cash price of about $100 million and $80 million, respectively. The group made substantial profits in the cryptocurrency sales, with a profit of about $79.63 million. SINOHOPE TECH (01611): Formerly known as Huobi Technology, the company is currently one of the largest cryptocurrency platforms globally. SINOHOPE TECH mainly provides virtual asset trading and technical solution services, including providing virtual asset lending asset management to clients and an over-the-counter trading platform. OSL GROUP (00863): The company is involved in a pilot issuance of investment-grade subscription certificate tokens with UBS Group in Hong Kong, China, covering the entire product issuance cycle. The project involves UBS Group using the Ethereum public chain to issue subscription certificate tokens linked to OSL digital asset securities and stocks.