Spot Bitcoin ETFs registered $442 million in net inflows on April 24, marking five consecutive trading days of positive flows and pushing the cumulative inflow above $2.5 billion for the week.
Spot Bitcoin (CRYPTO: BTC) ETFs recorded a total net inflow of $917 million on April 23, marking four consecutive days of positive flows, fueled by macro relief and institutional demand.
The shares of Strategy Inc. (NASDAQ:MSTR) plunged 9.24% during the Monday pre-market trading session as Bitcoin (CRYPTO: BTC) tumbled 7% amid President Donald Trump‘s tariff woes.
As Ethereum (CRYPTO: ETH) continues its downward slide since Eric Trump recommended buying the second-largest cryptocurrency, renowned economist Peter Schiff cautioned against taking investment advice from the Trump family on Sunday.
XRP led altcoin inflows last week with $6.7 million, followed by Solana with $6.4 million. Polygon and Chainlink posted more modest gains, attracting $400,000 and $200,000, respectively.
Lower burns indicate reduced network activity, which has slowed for Ethereum recently as traders migrate to cheaper alternatives such as Solana and Tron.
Ethereum (CRYPTO: ETH), the second-largest cryptocurrency by market capitalization, has charted a diametrically opposite trajectory when compared to its older sibling, Bitcoin (CRYPTO: BTC), over the past year.
Some Stocktwits users are skeptical whether the address will bring about substantive policy changes, viewing it as more political posturing than meaningful action.
Robinhood currently offers trading in stocks, ETFs, futures and options, and crypto, among other things. It has 27 cryptocurrencies available for trading on its platform.
The approval, Ripple’s first in the Middle East, will allow the payments company to tap into the UAE’s $40 billion remittance and $400 billion international trade markets.
However, existing Ethereum ETFs are facing headwinds. Investor withdrawals have totaled $130.4 million over four consecutive days, according to Farside data.
Data from Coinglass shows that $288.35 million in crypto positions were wiped out in just four hours, with nearly $250 million coming from leveraged long bets.
