Bitcoin Market Reacts to ETF Flows; BlackRock's Bitcoin ETF Records Zero Inflows, Ethereum ETF Filings Adjusted
The Bitcoin market is heavily influenced by ETF flows, with spot Bitcoin ETFs seeing modest net inflows and BlackRock's Bitcoin ETF experiencing zero inflows for the first time on record. Ethereum ETF filings by BlackRock and Grayscale are being adjusted, signaling hopes for approval. The market overview shows Bitcoin trading below $67K, with top gainers including TON, SOL, and ETH. US Bitcoin ETFs hold $58.3bn in total AUM, surpassing US Gold ETFs by 55.8%. NFTs on ETH and BTC chains are experiencing price movements, with notable gains in various NFT projects.
Sources
Cointelegraph
🗞️ Top5 Crypto News from Today 👇 @Consensys sues @SECGov over #Ether regulation Boomers to invest $300B in #crypto markets @stripe revives #crypto payments with #stablecoin @SECGov reviews Bitcoin options rules @Square merchants can convert up to 10% of sales to #Bitcoin
Bitcoin.com News #StandardChartered Alters Prediction: Doubts SEC Will Approve Spot #Ether ETFs in May https://t.co/QBD1hVbR8u
CoinDesk .@BlackRock's #bitcoinETF fell out of favor on Wednesday, drawing no inflows for the first time on record, data from @FarsideUK show. https://t.co/gv1LtGmth5
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