Market Update: Bitcoin ETF Flows Reverse as Fed Data Impacts Sentiment
Market Update: Bitcoin ETF Flows Reverse as Fed Data Impacts Sentiment
🎢 Bitcoin ETFs Hit Turbulence
Bitcoin ETPs experienced mixed flows with $47M inflows offset by $940M outflows, marking end of post-US election positive sentiment
OpenSea security alert: Over 7 million email addresses from a 2022 leak have resurfaced, creating potential phishing risks for users
MicroStrategy, currently holding 447,470 BTC, hints at expanding their Bitcoin position
Context: This follows last week's strong performance where Bitcoin ETFs saw $900M+ daily inflows, totaling $1.9B for the week
Key Action Points:
- Monitor ETF flow trends
- Secure OpenSea accounts
- Watch for MicroStrategy's next move
SUSHI Token Now Available for Cross-Chain Transfers on BRIDGERS
BRIDGERS has integrated SUSHI token into its non-custodial cross-chain protocol. Users can now transfer SUSHI between different blockchains using: - Smart contract-powered execution - Aggregated liquidity from multiple sources - Secure, non-custodial transfers - User-authorized transactions The integration expands BRIDGERS' growing token ecosystem, which recently added support for USD1, NOT, and several other tokens. Visit [dapp.bridgers.xyz](http://dapp.bridgers.xyz) to start transferring SUSHI across chains.
ELLIPAL X Card Partnership Announcement & Giveaway
SWFT is partnering with ELLIPAL to promote their new X Card - the first air-gapped card wallet for cold storage. The partnership includes a 48-hour giveaway of customized X Cards. Key Details: - Air-gapped design for enhanced security - Simple card vault system - Customization options available To participate in giveaway: 1. Follow both @SwftCoin and @ellipalwallet 2. Like and retweet the announcement 3. Share thoughts on the X Card wallet *Contest ends in 48 hours*
SEC Announces Third Crypto Policy Roundtable Focusing on Custody
The SEC will host its third crypto policy roundtable on April 25, focusing on digital asset custody. Industry leaders from **Kraken**, **Fidelity**, **Fireblocks**, and **Anchorage** will participate. Key discussion points: - Wallet security protocols - Brokerage trading frameworks - Investment advisor regulations This follows the April 11 roundtable on trading regulations, which featured Commissioner Mark Uyeda, Hester Peirce, and other notable industry figures. The series of discussions signals increased regulatory engagement with the crypto sector, particularly around custody and trading infrastructure.
Daily GM Report - April 17, 2025
The web3 community continues its daily tradition of greeting each other with 'gm'. Today's greeting was 'gm gm' with a sunny emoji, maintaining the consistent pattern observed since February 2025. Historical data shows a mix of 'gm frens' and 'gm gm' greetings, with sunny weather emojis being the predominant choice, occasionally alternating with coffee emojis. - Pattern consistency since Feb 2025 - Majority sunny emoji usage - Community engagement remains steady
Bitcoin Spot ETFs See Strong Inflows, Zero Outflows
Bitcoin Spot ETFs recorded $76.42M in net inflows with no outflows on April 16, marking a positive shift after a previous 7-day outflow streak. - BlackRock's IBIT led with $38.22M inflows - ARK & 21Shares ARKB followed with $13.42M - Total ETF AUM reached $93.72B - ETFs now represent 5.62% of total BTC supply This performance indicates renewed institutional interest in Bitcoin exposure through regulated products.