PANews reported on December 22nd that, according to SoSoValue data, Ethereum spot ETFs saw a net outflow of $644 million in the week of December 15th to 19th, with none of the nine ETFs recording net inflows. BlackRock's ETHA saw the largest net outflow at $558 million, followed by Grayscale's ETHE at $32.36 million. The current total assets of these ETFs are $18.21 billion, representing 5.04% of Ethereum's total market capitalization.

BlockBeats News, December 22 – According to Bloomberg, Hong Kong plans to promote new regulations for cryptocurrencies and infrastructure to guide insurance industry investments, with insurance regulators imposing a 100% risk charge on crypto assets. Documents indicate that the risk charge for stablecoin investments will be determined based on the fiat currency pegged by Hong Kong-regulated stablecoins. The regulator's proposal may still be adjusted and will undergo public consultation from February to April before being submitted for legislative procedures.

BlockBeats news, December 22, sources @polymarketbet summarized key information recently disclosed by Polymarket team member Mustafa in the Discord community, with the main points as follows:1. Polymarket plans to migrate away from Polygon and intends to launch its own Ethereum L2 service POLY. Launching POLY is a "top priority." (Polymarket operations were affected by Polygon's outage on December 18.)2. Polymarket plans to abandon all third-party vendors (GoldSky, Alchemy, etc.). "These guys are all terrible—we will migrate as soon as possible."3. This week, Polymarket will launch 5-minute markets.

PANews reported on December 22 that, according to a Snapshot page, the Aave DAO has launched the "ARFC] $AAVE token alignment. Phase 1 - Ownership" proposal. This proposal aims to transfer the "Aave" brand naming rights, domain names (including aave.com), social media accounts (X, Discord, Instagram, etc.), and online organizations (GitHub, npm) to a legal entity controlled by the DAO, and establish an anti-abuse and legal recourse mechanism. The proposal requires current holders (such as Aave Labs, BGD Labs, etc.) to transfer the relevant assets; the voting window is from 10:40 AM on December 23 to 10:40 AM on December 26 (UTC+8). The proposal was authored by Ernesto Boado (co-founder of BGD Labs).

PANews reported on December 22 that the Guangzhou Municipal Committee of the Communist Party of China released its proposals for formulating the 15th Five-Year Plan for National Economic and Social Development of Guangzhou. The proposals include accelerating the construction of a strong financial city. This involves building a modern financial service system that is more internationally competitive and commensurate with the core engine function of the Greater Bay Area. This includes strengthening platforms such as Zhujiang New Town and the International Financial City, promoting the Guangzhou Futures Exchange to enrich its futures and options offerings, and supporting the growth and strengthening of legal financial institutions. The proposals also call for intensified reforms in the financial sector, building a comprehensive, full-chain technology financial service system, promoting the effective integration of green finance and transitional finance, improving the policy "toolbox" for financial support for micro and small enterprises, establishing a provincial-level demonstration model for elderly care finance, and expanding the application scenarios of the digital RMB. Furthermore, the proposals include improving the mechanism for cultivating companies to go public, supporting mergers and acquisitions of listed companies, accelerating the development of innovative business models such as investment advisory and asset management, and building a wealth and asset management center for the Greater Bay Area. Finally, the proposals also include improving the local financial regulatory system and strengthening central-local regulatory coordination.

BlockBeats News, December 22nd, crypto KOL @ingalvarezsol combined factors such as Polymarket (USD 2-3 billion), OTC point price (USD 90 per point), and pre-market token LIT price (USD 3.4) to forecast Lighter's valuation:USD 1.5 billion is the minimum valuation (bear market range, influenced by venture capital funding rounds). USD 3-4.2 billion is the bear market baseline (derived from prediction market/pre-market/point price reverse-calculated market cap). Optimistic expectations are above USD 7.5-12.5 billion (final valuation).@ingalvarezsol emphasized that Hyperliquid and Lighter are fundamentally not in the same category of products: Hyperliquid is building a Web3-native liquidity layer, primarily profiting from retail trading fees (plus ecosystem dynamics). Lighter is building decentralized trading infrastructure, aiming to integrate fintech companies/brokers/professional market makers over time while maintaining extremely low retail execution costs (including 0% fees on certain spot markets). A key catalyst that could drive Lighter's valuation upward in the future lies in RWA asset trading.

BlockBeats news, December 22, Aave community will start the ARFC proposal vote "Transfer of Brand Asset Control to Token Holders" on Snapshot tomorrow at 10:40, and the voting will last until December 26. The proposal includes clearly defining the ownership and usage rights and related terms of Aave's brand assets and intellectual property (domain names, social accounts, naming rights, etc.), and granting the DAO control over them.

BlockBeats news, December 22, according to Onchain Lens monitoring, a whale "1011" was liquidated for $17.94 million in the plunge. However, last night it deposited another $3 million for a 10x long position on HYPE.Additionally, the whale also holds small long positions in BTC, ETH, and SOL, with a total position value exceeding $10 million.

ChainCatcher news, Yilihua posted that after Japan's interest rate hike, the last major bearish factor has been exhausted. Recent volatility has been dominated by futures contracts, especially with short sellers making their final efforts, but in the face of the future bull market trend, these are all short-term behaviors. For investment rather than trading, now remains the best spot investment zone. Next year, the crypto industry will see significant positive developments, particularly in crypto policies, interest rate cuts and liquidity easing, and financial on-chain integration—these three decisive factors. If you want to achieve returns of several thousand dollars, you must endure fluctuations of a few hundred dollars. Winners in financial markets must first overcome human weaknesses.

PANews reported on December 19th that, according to The New Arab, Libyan authorities have intensified their crackdown on the cryptocurrency mining industry. In November 2025, prosecutors indicted nine people operating Bitcoin mining equipment at a steel plant in Zlitan, sentencing them to three years in prison and ordering the confiscation of their equipment and the recovery of illicit profits. Despite the Central Bank of Libya banning cryptocurrency transactions in 2018 due to concerns about money laundering and terrorist financing, such mining activities have continued. Legal expert Nadia Mohammed stated, "Libyan law does not explicitly criminalize cryptocurrency mining. Miners are often brought to court not for the act of mining itself, but for the series of illegal activities that often accompany it, such as illegal use of electricity, importing prohibited equipment, or using the proceeds for illegal purposes such as money laundering. The central bank should issue licenses and authorizations to regulate this activity, rather than leaving it unchecked."