Crypto Currency

Bitcoin, XRP, ETH Steady as BTC ETFs Attract $590M Inflows

Рынки Поделиться Поделиться этой статьей Скопировать ссылку X icon X (Twitter) LinkedIn Facebook Электронная почта Bitcoin, XRP, ETH Steady as BTC ETFs Attract $590M Inflows “We are bullish on BTC in the medium term due to expectations of monetary and fiscal easing in response to tariff-driven slowdowns,” one trader said. Автор Shaurya Malwa Обновлено 29

Рынки

Поделиться этой статьей

X iconX (Twitter)LinkedInFacebookЭлектронная почта

Bitcoin, XRP, ETH Steady as BTC ETFs Attract $590M Inflows

“We are bullish on BTC in the medium term due to expectations of monetary and fiscal easing in response to tariff-driven slowdowns,” one trader said.

(Shutterstock)

Что нужно знать:

  • Bitcoin and crypto markets remained stable, with ETFs attracting over $590 million in inflows, marking a week-long streak.
  • BlackRock’s IBIT led with $970 million in inflows, while Ark’s ARKB saw a $200 million outflow.
  • Traders are watching economic data releases for market cues as Bitcoin holds above $94,000, with potential to reach $100,000.

Bitcoin and broader crypto markets were little changed in the past 24 hours with exchange-traded funds (ETFs) tracking the asset attracting over $590 million in inflows on Monday, extending a six-day streak.

jwp-player-placeholder
Продолжение Читайте Ниже
Не пропустите другую историю.Подпишитесь на рассылку Crypto Daybook Americas сегодня. Просмотреть все рассылки

That marked a week of inflows for the first time since late March, coming as bitcoin’s appeal as a safe-haven asset continues to gain favor among investors. BlackRock’s IBIT led flows at $970 million, while Ark’s ARKB lost $200 million. BTC held above $94,000 in Asian morning hours on Tuesday, a resistance level whose break traders say could clear the path to a move toward $100,000.

XRP, ether

, Cardano’s ADA and BNB Chain’s BNB remained flat, while Solana’s SOL was down 2%. Monero

dropped 8.5% after a sudden 40% surge on Monday, a move that came as a hacker swapped over $330 million of BTC to the privacy-focused token, per prominent blockchain sleuth ZachXBT.

Among mid-caps, Nexo

zoomed 8% after announcing it would return to the U.S. after a two-year regulatory hiatus with a focus on AI applications.

Some traders eye data releases in the week ahead for cues on positioning, with market sentiment generally dented after U.S. tariffs.

“Bitcoin and the broader crypto market have sustained gains made last week. Right now, traders are waiting for GDP, unemployment data, and a number of other economic data indicators set to be released in the US this week, so not much has changed yet,” Jeff Mei, COO at BTSE, told CoinDesk in a Telegram message.

“The US dollar continues to dip, as institutional investors diversify their holdings into other currencies. This could explain why demand for Bitcoin has been strong as well,” Mei added. The widely-tracked dollar index, a measure of the greenback against six global currencies, is down nearly 6% in the past month — its biggest fall since 2022.

Elsewhere, a correlation between bitcoin and an increase in M2 money supply is gaining traction among some traders. However, responses to viral online posts overlaying the two charts appear to be overblown in their eventual impact on prices.

M2 supply is the total amount of money in an economy, including cash, checking accounts, savings accounts, and other easily accessible funds. Bitcoin prices can rise if M2 increases because people may buy BTC to protect their wealth from inflation. Conversely, if M2 shrinks, bitcoin prices might drop since investors shy away from riskier bets.

“One of the recent and prevailing narratives suggests that BTC is about to break higher as a delayed reaction to the increase in M2 money supply,” Augustine Fan, head of insights at SignalPlus, told CoinDesk in a Telegram message.

“While we are not strict subscribers to this view as there are a lot more nuances behind the data, we are bullish on BTC in the medium term due to expectations of monetary and fiscal easing in response to tariff-driven slowdowns,” Fan added.

Shaurya Malwa

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.

X icon

Shaurya Malwa

Latest Crypto News
Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash)

American Bitcoin, Backed by Eric and Donald Trump Jr, Pulls In $220M to Accumulate BTC

ASIC Miners (Sandali Handagama/CoinDesk)

Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion

MSTR, S&P 5srcsrc, BTC (TradingView)

Strategy’s Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion

Profit-taking on BTC network accelerates. (Pixabay)

Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

ARK Invest Sold $95M of Coinbase Shares After COIN’s Surge to Record Highs

Flag of Germany with Euro notes.

Germany’s Public Savings Bank Network Sparkassen to Offer Bitcoin Trading to Clients: Report

Top Stories
Bull and Bear (nosheep/Pixabay)

Bitcoin Carried Crypto Markets in 2025’s First Half as Altcoins Crumbled. What’s Next?

dollar bill

Robinhood, Kraken-Backed Global Dollar (USDG) Comes to Europe

(AnaFox_photo/Getty images)

Bitcoin ETP With DeFi Yield Goes Live in Europe

Flag of Germany with Euro notes.

Germany’s Public Savings Bank Network Sparkassen to Offer Bitcoin Trading to Clients: Report

Sen. Cynthia Lummis (Jesse Hamilton/CoinDesk)

Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill

MSTR, S&P 5srcsrc, BTC (TradingView)

Strategy’s Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion

!–>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

The U.S. Military Is Running a Bitcoin Node, Admiral Paparo Reveals

Bitcoin Magazine The U.S. Military Is Running a Bitcoin Node, Admiral Paparo Reveals The U.S. military is actively running a Bitcoin node and testing the protocol’s cryptographic architecture as a tool for securing and protecting networks, according to INDOPACOM commander Admiral Samuel Paparo. This post The U.S…

Bitcoin Magazine

The U.S. Military Is Running a Bitcoin Node, Admiral Paparo Reveals
The U.S. military is actively running a Bitcoin node and testing the protocol’s cryptographic architecture as a tool for securing and protecting networks, according to INDOPACOM commander Admiral Samuel Paparo.
This post The U.S…
Read More

Continue Reading
Crypto Currency

Interactive Brokers Lets Clients Trade Crypto Without Liquidating Holdings

Interactive Brokers said clients can now transfer existing cryptocurrency holdings into accounts linked to its platform, allowing them to trade digital assets without selling them first.Singapore Summit: Meet the largest APAC brokers you know (and those you still don’t!).The broker has expanded its crypto offering in recent years…

Interactive Brokers said clients can now transfer existing
cryptocurrency holdings into accounts linked to its platform, allowing them to
trade digital assets without selling them first.Singapore
Summit: Meet the largest APAC brokers you know (and those you still don’t!).The broker has
expanded its crypto offering in recent years…
Read More

Continue Reading
Crypto Currency

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from

Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from offering yield “directly or indirectly” for holding stablecoins or assets that function like bank deposits…
Read More

Continue Reading
Crypto Currency

Fugitive Canadian Hacker, Released by Serbia, Seeks Pardon from Trump

Andean Medjedovic, suspected of stealing tens of millions of dollars in cryptocurrency but released from custody in Serbia, has hired a US lobbying firm to help him obtain a pardon from US President Donald Trump…

Andean Medjedovic, suspected of stealing tens of millions of dollars in cryptocurrency but released from custody in Serbia, has hired a US lobbying firm to help him obtain a pardon from US President Donald Trump…
Read More

Continue Reading