A special purpose acquisition company (SPAC) associated with a certain CEX announced the launch of a search for M&A targets, with target company valuations reaching up to $10 billion, primarily focusing on enterprises in the crypto sector. The SPAC has completed a $345 million IPO and is advancing plans for a CEX listing with an estimated valuation of approximately $20 billion.

Gate News bot message, according to March 11 update data, Bitcoin ETFs recorded a daily net inflow of 3,392 BTC ($238.46 million) and a 7-day net inflow of 3,543 BTC ($249.1 million). Ethereum ETFs showed a daily net outflow of 1,207 ETH ($2.49 million) and a 7-day net outflow of 21,846 ETH ($45 m

On March 10th, among the top 100 cryptocurrencies in the market, Shiba Inu rose by 9.10%, ranking first in gains. Among the top five declines, MemeCore and Humanity Protocol both dropped by 4.96%.