EP 33
US Bitcoin ETFs Record $301M Inflows Amid Sideways Trading
In this episode
Crypto markets traded sideways with Bitcoin steady at $80,370.01 and BNB holding at $740.10, while the Fear & Greed Index dipped to 50 (Neutral). Binance rolled out tradfi-margined perpetuals alongside a 2% APR incentive for USDC in Futures accounts, and spot Bitcoin ETFs broke their two-week outflow streak with $301M in net inflows.
- Bitcoin traded flat at $80,370.01 (+0.10%), fighting for the $80,000 level ahead of central bank rate decisions and US earnings.
- BNB recorded a slight gain of 0.29% to reach $740.10, with BSC total value locked standing at $5.78B.
- US spot Bitcoin ETFs reversed a two-week outflow trend, ending the week with $301M in net inflows.
- Binance Futures announced the launch of multiple TradFi USDⓈ-margined perpetual contracts.
- Binance rolled out a 2% APR promotional earning program for USDC held in Futures and Portfolio Margin accounts.
- South Korea is weighing a fourth postponement of its crypto gains tax, considering a delay to 2029 to align with the OECD CARF timeline.
- India's largest crypto exchange absorbed a $16M loss resulting from an internal process failure involving a retired wallet.
- Keystone confirmed a website breach that exposed shipping addresses of hardware wallet buyers, sparking concerns of targeted scams.
- Securitize's onchain market cap fell to $208.6M in the $3.3B tokenized equities space, while Circle-linked tokens rose to $383.6M.