BitMine still holds a $9.15 billion cash reserve, available for further ETH purchases

On January 9, Ethereum co-founder Vitalik Buterin shared a message stating: “From the start, I’ve supported Tornado Cash co-founder Roman Storm’s work—both because I believe privacy is important and because I actively use privacy tools, including those he built. Many people assume by default that personal privacy can be violated by the public, and that governments, law enforcement, and intelligence agencies should have access to everyone’s information to ensure security. I firmly reject this idea. In reality, government databases are often hacked, and the data frequently ends up in the hands of hostile foreign actors. I’ve personally used his software to make transactions, and when I buy software for personal use, I don’t want my name on the company’s records. His apps still run smoothly even years after development stopped.”

On January 9th, the public sale for cross-chain aggregation DeFi platform Infinex is set to end in 23 hours. The project has raised roughly $3.18 million to date, hitting 63.6% of its $5 million fundraising target.

On January 9, the U.S. Dollar Index (DXY) climbed above 99 for the first time since December 10 of last year, posting an intraday gain of 0.14%, according to IG.

Bitcoin ETFs kicked off 2026 with a strong start, drawing over $1 billion in net inflows in their first two trading days, CoinDesk reported on January 9. Analysts noted this signals a rebound in investor risk appetite. However, the funds have since posted a cumulative net outflow of $1.128 billion over the past three trading days—nearly offsetting the $1.16 billion in net inflows from their first two sessions of the year. Put simply, Bitcoin ETFs’ net capital flows are nearly flat year-to-date, with initial optimism giving way to actual asset performance. This trend signals lukewarm confidence among institutional investors, dimming the bullish outlook tied to the early-month inflows. Upcoming U.S. employment data and a Supreme Court ruling could further sway market dynamics and investor sentiment, with volatility likely to pick up later Friday.

On January 9th, per LookOnChain monitoring, Metalpha withdrew another 6,000 ETH from Kraken 3 hours ago—valued at roughly $18.67 million.