crypto

Yaël Bizouati-Kennedy4/24/25

Spot bitcoin ETFs see biggest inflows since Trump’s inauguration

Global inflows to spot bitcoin ETFs already total $2.4 billion this week, making it the strongest week since January 17.

“We saw a further $1 billion inflows yesterday alone,” CoinShares Head of Research James Butterfill told Sherwood News.

Bloomberg Intelligence analyst Eric Balchunas posted on X yesterday that spot bitcoin ETFs are going into “Pac-Man mode,” and followed up today saying the ETF “bitcoin bender” has “consumed nearly 25,000 btc in three days.”

BlackRock’s iShares Bitcoin Trust — winner of the 2025 ETF.com award for Best New ETF — gained the most, attracting $643 million in single-day inflows yesterday. This represents the largest bump since December 5, 2024, according to Farside Investors data. Other gainers included ARK 21Shares Bitcoin ETF, which recorded $129.5 million in inflows on April 23, and Fidelity Wise Origin Bitcoin Fund, with $124.4 million.

More Crypto

Yaël Bizouati-Kennedy

Solana rises as Solmate announces “aggressive” acquisition plans and spot ETF filings grow

Solana ETFs take the lion’s share of the ETF filings, with 23 waiting to be approved, per Bloomberg analyst Eric Balchunas.

Sunshine and Waves

Ethereum treasury firms surpass bitcoin treasury companies by percentage of total supply

Asia’s institutional conviction for the second-largest cryptocurrency deepens as Tokyo-listed Quantum Solutions scoops up about 2,000 ethereum tokens through its subsidiary.

Spaceship

Yaël Bizouati-Kennedy

Standard Chartered: Bitcoin’s dip below $100,000 is “inevitable”

Participants in prediction markets are also betting that bitcoin will dip below $100,000 this year.

Bitcoin ice carving

crypto

Sage D. Young10/21/25

XRP treasury firm trend grows as Evernorth, backed by Ripple Labs, enters the arena

The fifth-largest cryptocurrency by market cap, XRP, is getting a new treasury firm: Evernorth.

The firm will list on the Nasdaq and expects to raise over $1 billion in gross proceeds from SBI, Ripple Labs, Pantera Capital, Kraken, and GSR, according to a press release. Chris Larsen, cofounder and executive chairman of Ripple, also announced investing 50 million XRP tokens worth $124.5 million. Net proceeds are dedicated for open-market acquisitions of XRP.

Evernorth joins a number of firms stockpiling XRP, such as VivoPower International, Trident Digital Tech Holdings, and Webus.

The announcement comes during a fragile period for crypto markets, but the latest news has boosted XRP’s price and the asset is back to flat over the last seven days.

BitMine acquires an additional $820 million of ethereum

Meanwhile, investment management firm VanEck filed for a staked ethereum ETF with decentralized finance giant Lido.

Man Using Vending Machine

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