U.S. stock night market fluctuations: Grayscale Bitcoin Trust surged 3% overnight, Zcash ETF application attracts market attention?

U.S. Stock Night Market Movements Grayscale Bitcoin Trust BTC rose 3.00% in the night market. Based on recent key news: On December 26, Grayscale's Bitcoin holdings decreased as investors took profits or reallocated their portfolios, causing Bitcoin prices to fluctuate under supply pressure. Source: Odaily On December 27, Grayscale submitted a registration application to convert the Zcash Trust into the first ZEC ETF, marking an important step for Zcash in the investment market. Source: Grayscale On December 28, analysts pointed out that the Bitcoin market is experiencing a "dead cat bounce," with recent capital inflows continuing to decline, and ETF net outflows nearing $1 billion, suggesting that the market rebound may be driven by leverage rather than spot demand. Source: PANews The cryptocurrency market's volatility is increasing, and risks need to be monitored. Stocks with High Trading Volume in the Industry A SPAC III Acquisition fell 8.37% in the night market, with a trading volume of $407,200, and no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Galaxy Digital rose 2.22%. Based on recent key news: On December 28, Galaxy Digital CEO Mike Novogratz stated that the crypto market is entering a structural transformation phase, emphasizing that tokens primarily relying on speculation and community momentum will no longer be rewarded in the future. This statement may affect investor confidence in Galaxy Digital, driving the stock price up. Source: Zhitong Finance On December 28, Galaxy Digital predicted that U.S. spot crypto ETFs, including Ethereum, will see over $50 billion in net inflows by 2026, with an expected $23 billion in 2025, due to increased institutional adoption. This prediction may enhance market optimism towards Galaxy Digital. Source: Wall Street Insight On December 27, Mike Novogratz emphasized that crypto projects need to demonstrate their importance in the real world over the next two years, or they may disappear as the industry matures. This viewpoint may prompt investors to reassess Galaxy Digital's long-term potential. Source: Jinshi Data The crypto market is undergoing structural transformation, with increased institutional adoption. Destiny Tech100 rose 0.10% in the night market. Based on recent news, On December 28, the global market is facing a crisis of trust and challenges in technological innovation, requiring companies to adapt flexibly to new policies and the AI wave. This news has sparked market interest in tech stocks, driving up Destiny Tech100's stock price On December 27, significant changes to the U.S. H-1B visa program forced companies to reassess their hiring strategies, particularly large tech companies like Apple and Amazon. This policy change may lead to some business operations moving overseas, affecting the overall performance of tech stocks. On December 26, the Japanese government significantly increased its investment in semiconductors and artificial intelligence in the new fiscal budget, demonstrating its emphasis on cutting-edge technology. This move will drive up the stock prices of related tech companies. Tech stocks performed strongly, and the market is confident in the AI supercycle