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Bitcoin ETFs Draw $462M as BTC Briefly Hits $73K

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Crypto Breaking News

US spot Bitcoin ETFs saw renewed demand on Wednesday, with inflows broad-based across major issuers as BTC briefly breached the $73,000 level. Net inflows into spot BTC funds reached $462 million for the day, marking the third consecutive day of net buying and lifting the weekly total to about $1.1 billion, according to data tracked by Farside. The streak comes after a period of notable redemptions earlier in the year, when funds collectively shed roughly $3.8 billion over five weeks. Ether funds also attracted buyers, drawing roughly $169 million after minor outflows the day before, underscoring a broader appetite for crypto exposure beyond Bitcoin. Bitcoin’s price action remained volatile, trading near $72,214 at the time of writing, after a move that briefly pushed it above $73,000 earlier in the session.

Ether (ETH) funds drew inflows of $169 million on Wednesday following a dip into negative territory the prior day, signaling that capital is rotating back into top-tier digital assets even as traders weigh the macro backdrop. This pattern of inflows across the sector helped flip several ETFs into net-positive territory for the year-to-date period, suggesting that a shift in sentiment could be taking hold after weeks of uneven performance.

Key takeaways

  • Spot Bitcoin ETFs posted $462 million in net inflows on Wednesday, extending a multi-day buying cycle and lifting the week-to-date total to roughly $1.1 billion.
  • BlackRock’s iShares Bitcoin Trust ETF led the flow with about $307 million, followed by the Fidelity Wise Origin Bitcoin Fund with $48 million and the Grayscale Bitcoin Mini Trust with roughly $32 million.
  • With the latest inflows, year-to-date Bitcoin ETF flows have turned net positive for most issuers, reversing a prior stretch of heavy outflows from February through March.
  • Ether funds joined the rally, drawing $169 million as investors rotated into ETH alongside BTC exposure.
  • Market sentiment improved modestly, reflected in a jump in the Crypto Fear & Greed Index over the past 24 hours, even as the overall index remains in the Fear territory.

Tickers mentioned: $BTC, $ETH, $IBIT, $FBTC, $BRRR, $GBTC, $ARKB

Sentiment: Neutral

Market context

Wednesday’s flow dynamics align with a broader recovery in Bitcoin ETF positioning, as a growing subset of funds has moved back into positive year-to-date territory. The data come amid a cautious but improving risk tone in crypto markets, with the Crypto Fear & Greed Index rebounding by 12 points over 24 hours, signaling a tentative thaw in risk appetite after a tougher February–March period. While Bitcoin remains subject to macro headlines and sector-specific catalysts, the renewed ETF interest underscores ongoing demand for regulated, transparent access to the crypto space via traditional investment channels.

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Why it matters

For investors, the persistent inflows into US spot Bitcoin ETFs signal a shift toward greater mainstream adoption of regulated crypto exposure. The fact that inflows have been widespread—across leading issuers and several product types—suggests that buyers are increasingly confident in the ability of these vehicles to offer direct BTC exposure with familiar oversight and structure. The magnitude of inflows also matters for market signals, as sizable daily allocations can influence short-term price dynamics and liquidity, particularly in a market that still reacts sensitively to macro cues and liquidity conditions.

From a market structure perspective, ETF demand plays into the evolving ecosystem of regulated crypto products. The presence of major players like BlackRock (via IBIT) and Fidelity (FBTC) demonstrates continued institutional interest in offering diversified exposure to digital assets through familiar investment vehicles. That interest can help support liquidity and potentially reduce the premium or discount disparities seen in some other BTC tracking instruments, contributing to a more efficient price discovery process in the US ETF landscape.

For the broader crypto economy, steady ETF inflows can bolster confidence in the asset class and encourage additional product development. The inflow backdrop, coupled with a renewed risk-on mood reflected in sentiment metrics, may attract further institutional capital into BTC and ETH, potentially lifting on-chain activity and driving more robust price action in the months ahead. Yet, market participants remain vigilant to volatility drivers—from regulatory developments to macro shifts—that could quickly alter the flow-into-price dynamic that has characterized much of 2024 so far.

What to watch next

  • Follow next week’s ETF flow updates to see whether inflows sustain or accelerate across the major BTC funds.
  • Monitor any new filings or product launches from large issuers seeking to expand regulated BTC exposure in different wrappers (e.g., additional trusts or futures-linked products).
  • Watch BTC price action around key support and resistance levels near $73,000 as ETF inflows translate into price momentum or consolidation.
  • Assess year-to-date net flows by issuer to gauge whether the positive trend broadens beyond the current leaders (IBIT, FBTC, BRRR) and which funds might flip back to outflows if risk sentiment shifts.

Sources & verification

  • Farside ETF flow data for US spot Bitcoin funds, including daily inflows and weekly totals.
  • Bloomberg ETF analyst commentary on year-to-date net flows across Bitcoin funds and outliers.
  • Crypto Fear & Greed Index data from Alternative.me for sentiment context.
  • CoinGecko price reference for Bitcoin price as of the reporting period.

Bitcoin ETF inflows resume as demand broadens across US funds

US spot Bitcoin (CRYPTO: BTC) ETFs logged a fresh round of inflows on Wednesday, with a broad-based pickup among major issuers. The day’s inflows amounted to $462 million, marking the third consecutive session of positive flows and lifting the weekly total to about $1.1 billion. This rebound followed a period during which the sector faced outflows totaling roughly $3.8 billion over five weeks, underscoring how quickly investor sentiment can shift in response to macro signals and market volatility. The renewed interest underscores a shift back toward regulated, traceable access to BTC exposure, a trend that has gained traction as institutional players seek to balance risk with opportunity in the digital asset space. BTC moved to around $72,214 on the day, after briefly touching levels above $73,000 earlier in the session, reflecting the ongoing tug-of-war between momentum and profit-taking in a market that has become increasingly leverage-sensitive.

Within the ETF landscape, some funds attracted notably larger inflows than others. BlackRock’s iShares Bitcoin Trust ETF (EXCHANGE: IBIT) led the charge with about $307 million, signaling strong demand for the most scalable, widely supported BTC wrapper available to US investors. The Fidelity Wise Origin Bitcoin Fund (EXCHANGE: FBTC) followed with roughly $48 million, while the Grayscale Bitcoin Mini Trust ETF, trading under the BTC ticker, added about $32 million. Notably, not all funds posted inflows on the day; the CoinShares Bitcoin ETF, which trades under BRRR, recorded zero inflows, illustrating that dime-sized variations between vehicles can still occur in any given trading session. The landscape remains a reflection of a broader appetite for regulated access to BTC, rather than a uniform, across-the-board shift in every product category.

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The data also align with a broader narrative about ETF-level performance in 2024. Bloomberg ETF analyst Eric Balchunas noted that nearly all Bitcoin ETFs had turned net-positive in year-to-date flows as of Tuesday, with only a handful still showing losses. Among those lagging were the Fidelity FBTC and the Grayscale Bitcoin Trust ETF (GBTC), which had seen outflows of $1.1 billion and $648 million, respectively, as well as ARK 21Shares Bitcoin ETF (ARKB) with about $162 million in outflows. The closing gap between inflows and outflows suggests a consolidation phase where major players are reshaping exposure to BTC through increasingly diverse product lines. Eric Balchunas noted the shifting dynamics in his update, highlighting the resilience of most BTC funds in turning positive for the year.

The renewed ETF activity arrived as market sentiment showed tentative recovery. The Crypto Fear & Greed Index rose by 12 points over the prior 24 hours, signaling a shift away from the depths of fear toward a more balanced posture among crypto traders. While the index remains in cautious territory, the improvement indicates a willingness among investors to re-engage with the asset class after a period of heightened risk aversion. Against this backdrop, BTC traders and ETF investors will be watching whether the inflow momentum carries into continued price strength or simply supports a short-term bounce within a broader consolidation range. Meanwhile, the broader market has seen Ether (ETH) strength alongside BTC, with ETH inflows totaling $169 million as investors rotated into the second-largest cryptocurrency by market cap.

As always, readers should be aware that ETF flows are just one gauge of market health. They often precede or coincide with shifts in price, but can be influenced by fund- specific factors such as redemption risk, share class conversions, and issuer-specific strategies. The coming weeks will reveal whether this latest wave of inflows signals a durable revival in BTC demand or a temporary reprieve within a longer cycle of volatility.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Crypto World

Bitcoin’s (BTC) drawdown hasn’t shaken institutional investors yet, says CoinShares

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BTC long-term bull case remains, says Fabian Dori

The first phase of bitcoin’s recent drawdown has not triggered panic among institutional investors, according to crypto asset management firm CoinShares.

Professional allocators reduced exposure modestly but largely maintained their positions compared with last year. Advisors trimmed holdings while hedge funds scaled back alongside the broader leverage unwind and shifting opportunities in other markets, the crypto investment manager said in a Tuesday report.

Longer-duration investors kept accumulating. “Endowments, pensions, and sovereigns continued to build quietly,” wrote analyst Matt Kimmell.

Bitcoin has struggled to regain momentum since hitting a record high near $125,000 in early October. The world’s largest cryptocurrency was trading around $72,370 at publication time.

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Crypto markets have delivered muted performance in recent months as a mix of macro and market-specific pressures weighed on prices. Higher interest rates and a stronger dollar have dampened appetite for risk assets, while leveraged positions built earlier in the rally have been unwound. At the same time, profit-taking from long-term bitcoin holders and uneven flows into spot exchange-traded funds (ETFs) have limited momentum, leaving the sector struggling to regain a sustained upward trend.

Despite bitcoin falling about 23% during the period, global bitcoin ETF flows remained positive, suggesting the sell-off in the fourth quarter was driven more by long-time holders taking profits than by new institutional money exiting the market, Kimmell said.

Historically, crypto bear markets have redistributed supply from short-term traders to long-term holders. According to Kimmell, the emergence of ETFs now offers a new way to observe whether institutional capital follows the same pattern.

So far, the data points in that direction. A roughly 25% quarterly drawdown did not trigger broad institutional capitulation, the report said, with most declines in assets under management reflecting price moves rather than large investor outflows.

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Still, CoinShares cautioned that the sample size remains small. The firm said the real test may appear in upcoming regulatory filings, which will capture institutional behavior during sharper moves, including bitcoin’s slide toward $60,000 and a single-day 17% drop.

Bitcoin and the broader crypto market moved higher this week, rebounding after weeks of choppy trading. The rally was driven in part by renewed risk appetite across markets and steady demand for bitcoin ETFs, helping the largest cryptocurrency regain momentum and lift major altcoins alongside it. Traders also pointed to short covering and positioning resets following the recent sell-off as factors behind the move.

Read more: CEO of crypto investment firm Keyrock says bitcoin is undervalued, entering ‘transition year’

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Revolut Files for US Bank Charter and Names Former Visa Executive Cetin Duransoy as New US CEO

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR:

  • Revolut has filed for a US bank charter with the OCC and FDIC to offer full banking services in America. 
  • Former Visa executive Cetin Duransoy has been named Revolut’s new CEO for United States operations. 
  • Revolut plans to invest $500 million in the US over three to five years covering capital, marketing, and hiring. 
  • Revolut’s global valuation reached $75 billion following a secondary share sale completed in November 2024.

Revolut has officially filed for a U.S. bank charter, marking a major move into the American financial market. The British fintech giant also named former Visa executive Cetin Duransoy as its new United States CEO.

With around 70 million clients across 40 markets, Revolut is targeting the U.S. as a core part of its global expansion.

The applications have been submitted to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation for review.

Revolut Eyes US Banking Approval to Expand Financial Services

If regulators approve the applications, Revolut plans to gather deposits and issue loans in the U.S. The company also intends to offer credit cards and facilitate payments for American customers.

This would represent a full-scale banking operation, moving beyond its current limited U.S. presence. Revolut currently serves American users primarily through payment and foreign exchange services.

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Revolut founder and CEO Nik Storonsky made the company’s intentions clear in a recent statement. “The United States is a key pillar of our global growth strategy,” Storonsky said.

He added that a stronger U.S. presence is necessary to reach 100 million global customers. The company is expected to invest $500 million in the U.S. over the next three to five years.

That $500 million figure covers bank capital, marketing, and new hiring across the country. Outgoing U.S. CEO Sid Jajodia confirmed the investment scope in a recent interview.

Jajodia will transition into a global chief banking officer role as Duransoy steps in. Duransoy’s background at Visa brings strong financial industry experience to Revolut’s U.S. operations.

Revolut’s strategy involves attracting users first as a secondary bank account. Services like payments and foreign exchange act as entry points for new customers.

Over time, the company woos users with perks and subscription-based offerings. This model has already proven effective across Europe and other international markets.

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Revolut’s US Push Comes Amid Growing Neobank Competition

Revolut is not alone in pursuing a U.S. banking license among global neobanks. Brazil’s Nubank is currently awaiting full approval for its own U.S. banking license.

Spain’s Santander launched a digital bank in the U.S. in 2024 and recently announced an acquisition. These moves show that international digital banks are actively competing for U.S. customers.

To raise brand awareness in the U.S., Revolut plans to pursue sponsorship opportunities. The company already sponsors the Audi Formula 1 team, soccer clubs, and music festivals globally.

Similar partnerships in the U.S. could help boost its visibility among American consumers. Marketing investment is built into the $500 million U.S. spending plan.

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On the topic of a potential IPO, Jajodia declined to comment on any timeline. He noted that private market capital remains available and accessible for the company.

Revolut completed a secondary share sale in November, valuing the company at $75 billion. That valuation places Revolut among the most valuable private fintech companies in the world.

Revolut’s U.K. bank continues to operate under some restrictions during a mobilization phase. The restrictions are tied to the bank’s size as it scales its operations.

However, the company appears focused on moving forward with its international growth plans. The U.S. charter application is the clearest sign yet of that ambition.

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New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day

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Berkshire CEO Greg Abel on succeeding Warren Buffett: I still check in with him nearly every day
Berkshire CEO Greg Abel on succeeding Warren Buffett: I still check in with him nearly every day

Berkshire Hathaway CEO Greg Abel said he still speaks with Warren Buffett nearly every day, underscoring the continued presence of the legendary investor at the sprawling conglomerate, even after handing over the top job at the start of the year.

Buffett, who stepped down as CEO after more than six decades at the helm, remains chairman of the Omaha-based company and continues to come into the office regularly, Abel said.

“He’s in the office every day, so we’re talking every day if I’m in Omaha, we’re always connecting,” Abel said on CNBC’s “Squawk Box” Thursday. “If I’m traveling, like I was yesterday, I often check in just to catch up on what he’s seeing, what he’s hearing, what am I feeling. So if it’s not every day, it’s every couple days.”

Abel also acknowledged the challenge of stepping into Buffett’s role as Berkshire’s chief communicator to shareholders, particularly when writing his first annual letter to investors.

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“The shoes to fill are tough on all fronts, but Warren is an exceptional communicator,” Abel said. “It was not easy. I’ve told Warren, ‘listen, the responsibilities transferred are great, but as far as the work and the task I had to do, that was the toughest.’”

Abel used the letter to shareholders to outline a clear framework of foundational values centered on financial strength and disciplined investing, vowing to preserve the blueprint Buffett carefully orchestrated since the 1960s.

Buffett offered little comfort, Abel added with a laugh. “When we were discussing it, he said, ‘the second letter doesn’t get any easier.’”

On investing, Abel said Berkshire is unlikely to move into cryptocurrencies, echoing Buffett’s longstanding skepticism of the asset class.

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“I don’t think you’ll see crypto … I just don’t see it,” Abel said.

He left the door open to investments tied to technology, however.

“What I do see is that when it comes to technology, even from an operational perspective, where we’re seeing how we use it, the impact it’s having, it does allow us to develop strong views and a better knowledge base around certain companies that are technology companies, or how we’re using the technology. So technology will always be on the table,” Abel said.

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ETH, XRP, ADA, BNB, and HYPE

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eth_price_chart_0503261

This Thursday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.

Ethereum (ETH)

With $2,000 support secured, Ethereum has a good shot at testing the $2,400 resistance in the near future. This also allowed the price to close the week with a 2% gain.

The current PA shows a clear reversal pattern, with a bullish engulfing candle indicating buyers are back in control. To secure their dominance, they will need to break above $2,400 as well.

Looking ahead, the most important resistance on the chart is found at $2,800. Thus, bulls may be able to keep Ethereum in a rally until then. Once there, sellers could return in force.

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eth_price_chart_0503261
Source: TradingView

Ripple (XRP)

XRP turned bullish this week and reclaimed the $1.4 support level. While the price fell by a modest 2% compared to last week, the recent buying spree sends a strong bullish signal to market participants.

The most important resistance point is at $1.6, which will need to become support if buyers want to keep XRP in a sustained uptrend. Any weakness there will quickly be exploited by sellers.

Looking ahead, after a prolonged downtrend, this cryptocurrency is finally giving signs that the selloff may be behind us and a recovery is likely.

xrp_price_chart_0503261
Source: TradingView

Cardano (ADA)

Cardano had a difficult start this week, falling by 7%. Buyers tried multiple times to reclaim the support at 28 cents, but each time they were rejected, including this week. This is a sign of weakness.

As long as ADA keeps failing to move above 28 cents, it is unlikely for any bullish momentum to form. Should selling intensify, the price may fall to 24 cents again, as it did earlier this year.

Looking ahead, this cryptocurrency is in a tough spot. While most altcoins are giving signs of a reversal, Cardano still lags behind its peers. Hopefully, this will change soon and push the price back into an uptrend.

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ada_price_chart_0503261
Source: TradingView

Binance Coin (BNB)

Binance Coin moved higher by 4% this week after buyers defended the $580 support well. Their current target is the resistance at $690, which may be challenging to break through, given the previous price action.

Even if sellers attempt to defend the current resistance, bullish momentum is intensifying and may be enough to drive a quick relief rally towards $900.

Looking ahead, BNB has a clear shot at a rally in the weeks to come, considering that since late 2025, the price has been in a downtrend. A sustained rally appears likely and may be quite significant.

bnb_price_chart_0503261
Source: TradingView

Hype (HYPE)

HYPE closed the week 12% higher and reclaimed a price above the key $30 support. As long as the price holds above this level, the bulls have the upper hand, and they may aim to break the resistance at $36 next.

While the momentum is bullish, there is a bit of lag since the price moved above $30. This should not last long since it would encourage sellers to return and put pressure on that support again.

Looking ahead, HYPE needs to break the $36 resistance to maintain a bullish bias in the coming weeks. Hopefully, buying volume will increase to sustain the current move into higher highs.

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hype_price_chart_0503261
Source: TradingView
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Cardano Gets Real-World Checkout Rails in 137 Swiss Spar Stores

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Cardano Gets Real-World Checkout Rails in 137 Swiss Spar Stores

Supermarket giant Spar has enabled ADA payment rails for customers in 137 Swiss stores, as the country moves closer to its global crypto hub ambitions.

Switzerland’s push as a crypto-friendly hub is getting a new retail test case, with Cardano’s ADA token now usable for grocery purchases at Spar stores across the country.

Cardano (ADA) users can start paying for their groceries in 137 Spar supermarkets across Switzerland after the latest Open Crypto Pay integration from Swiss fintech firm DFX.swiss, the Cardano Foundation said Thursday.

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The system is designed to process transactions in real time and allow payments directly from ADA wallets without routing through a centralized exchange. For merchants, Open Crypto pay reduces transaction costs by about two-thirds compared to traditional cards, according to the announcement.

Frederik Gregaard, the CEO of the Swiss-based Cardano Foundation, called the development the “beginning of a fundamental shift in how value moves through society,” which marks the blockchain industry’s transition from an experimental phase to “genuine financial transformation.” 

Source: Cardano Foundation

Spar first rolled out nationwide crypto and stablecoin payments in Switzerland in August 2025 for 100 stores via Binance Pay and DFX.swiss, with plans at the time to extend to 300 stores.

Related: Switzerland delays crypto tax info sharing until 2027

Tether, Lugano commit $6.4 million to global crypto hub ambitions

Separately, on Tuesday, Tether and the city of Lugano committed 5 million Swiss francs ($6.4 million) to a second phase of the city’s Plan B forum between 2026 and 2030, which aims to make Lugano a “global hub for digital asset infrastructure.”

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Lugano has already allowed residents to pay certain municipal fees in Bitcoin (BTC) and USDt (USDT) as part of an effort to embed digital assets into the local economy.