Connect with us
DAPA Banner

Crypto World

Spot Bitcoin ETFs Add $996M as Flows Near Record High

Published

on

Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • U.S. spot Bitcoin ETFs recorded $996.4 million in net inflows last week, marking the strongest weekly intake since mid-January.
  • The three-week inflow streak added more than $1.8 billion and pushed year-to-date flows above $1 billion.
  • BlackRock’s IBIT led weekly inflows with $906 million, capturing the majority of new allocations.
  • Morgan Stanley’s MSBT posted $71 million in inflows during its first full trading week after launch.
  • Ethereum spot ETFs recorded $275.8 million in net inflows over the same period.

U.S. spot Bitcoin ETFs attracted $996.4 million in net inflows last week, marking the strongest intake since mid-January. The three-week streak pushed total additions above $1.8 billion and lifted year-to-date flows past $1 billion. Cumulative net flows now stand near $58 billion, closing the gap with the $62.8 billion peak.

Bitcoin ETFs Draw Fresh Capital as Weekly Inflows Surge

U.S. spot Bitcoin ETFs extended their inflow streak for a third straight week as capital returned to the sector. The products recorded $996.4 million in net inflows, according to market data. This weekly total marked the highest level since mid-January and reversed earlier redemptions.

BlackRock’s IBIT led weekly issuance with $906 million in net inflows. Meanwhile, Morgan Stanley’s MSBT recorded $71 million during its first full trading week after its April 8 launch. Ethereum spot ETFs also reported $275.8 million in net inflows over the same period.

Morgan Stanley’s MSBT posted $116 million in net inflows during its first week on the market. The fund carries a 0.14% fee and competes in a crowded ETF segment. The firm manages $1.9 trillion in assets, according to public disclosures.

Accumulation Pace Lifts Cumulative Flows Toward Peak

ETF issuers purchased 8,572 BTC on Friday alone as demand accelerated. Over ten days, net accumulation reached 24,197 BTC across U.S. products. Total ETF holdings now sit 3.71% below the October 10, 2025 peak.

Advertisement

Cumulative net flows across spot Bitcoin ETFs approach $58 billion. The category reached a peak of $62.8 billion before recent volatility. The current gap between cumulative and peak flows stands near $5 billion.

Market data shows that ETF demand absorbs a large share of newly mined bitcoin supply. Mining issuance remains limited compared with ETF accumulation rates. This imbalance continues to shape liquidity across spot trading venues.

Flow concentration remains visible across larger products. IBIT captures the majority of weekly allocations within the category. Smaller funds report uneven participation, although MSBT recorded early traction.

Price trends continue to align with ETF flow regimes. Periods of inflows often coincide with stronger bid support in spot markets. Conversely, redemption phases reduce demand absorption across exchanges.

Advertisement

Global exchange-traded products reflect a similar direction in cumulative demand. Institutional allocators continue to add exposure through regulated vehicles. ETF holdings remain close to record levels despite recent price declines.

Source link

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Coinbase’s x402 Launches Marketplace Platform for AI Agents

Published

on

Coinbase’s x402 Launches Marketplace Platform for AI Agents

Coinbase-backed artificial intelligence payments standard x402 has launched a marketplace for apps and services to boost the usefulness of AI agents.

Coinbase product lead Nick Prince said in a video posted on X on Monday that the idea behind the platform, called Agentic.market, was to “give humans and their agents access to thousands of services, with zero API keys required.”

Prince, in a separate post, said the market was a “storefront for discovering, comparing, and using x402 services” and offers access to a wide variety of apps and websites that AI agents can use, such as CoinGecko, Google Flights and the social media site X.

He added that hundreds of thousands of AI agents have transacted hundreds of millions in volume, but AI agent users have “relied on fragmented sources and word-of-mouth” to find compatible services.

Advertisement

The x402 protocol, launched by Coinbase in May 2025, allows AI agents to make internet payments using stablecoins and has seen growing support as many companies believe AI technology will become more involved in commerce.

Prince said the marketplace has a web interface “for humans to browse and evaluate services” and a programming layer that allows AI agents access to the platform to “search, filter, and integrate new capabilities autonomously at runtime without a human in the loop.”

The platform provides an AI agent with “skills,” or code on how to use a service, along with a wallet that gives it the ability to “buy services and also sell services,” Prince added.

Related: Coinbase is testing AI agents that show up on Slack and email

The x402 protocol, named after the rarely used HTTP status code “402 Payment Required,” received support earlier this month from Google, Microsoft and Amazon Web Services, which backed the creation of the x402 Foundation to govern the protocol.

Advertisement

American Express, Mastercard, Visa, Cloudflare, Shopify, Stripe, Circle, Base, Polygon Labs, the Solana Foundation, Thirdweb and KakaoPay also expressed their “initial intent and support” of the foundation.

Coinbase CEO Brian Armstrong said at the time that “there will be more AI agents transacting online than humans very soon,” echoing Circle CEO Jeremy Allaire, who in January said that “literally billions of AI agents” will be transacting on blockchains in three to five years.

Magazine: AI agents will kill the web as we know it: Animoca’s Yat Siu