Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks April 26, 2025, 1:29 am
Spot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.On April 25, the 11 spot Bitcoin (BTC) ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over five consecutive inflow days, according to Farside data. The last time spot Bitcoin ETFs had a full week of inflow days was the week ending March 21. Strong inflow week turns April into positive monthETF analyst Eric Balchunas said in an April 24 X post that “ETFs are on a Bitcoin bender.” “What’s really notable here is just HOW FAST the flows can go from 1st gear to 5th gear,” Balchunas said, forecasting that some of those flows may be due to the “basis trade back in effect.” Source: Satoshi StackerAmid ongoing financial and macroeconomic uncertainty, spot Bitcoin ETFs have experienced a volatile April, with nine out of the total 18 trading days so far being outflow days. However, a strong surge of inflows over the past week has turned the month positive, bringing total net inflows for April to approximately $2.26 billion. On the same day, Strategy founder Michael Saylor reportedly said at the Bitwise Invest Bitcoin Corporations Investor Day that BlackRock’s iShare Bitcoin ETF “will be “the biggest ETF in the world in ten years.” Related: 5 Bitcoin charts predicting BTC price rally toward $100K by May Just two days prior, on April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. IBIT was also the recipient of Crypto ETP of the year. Meanwhile, Bitcoin’s spot price continues to hover around the $95,000 price level, currently trading at $94,613 at the time of publication, according to CoinMarketCap data. Institutions are continuing to raise their bullish price targets. Billion-dollar asset manager ARK Invest recently raised its “bull case” Bitcoin
Bitcoiner Jack Mallers vows not to let Twenty One distract from Strike April 25, 2025, 10:18 pm
Strike CEO Jack Mallers said his new role as CEO of Bitcoin treasury firm Twenty One Capital won’t distract him from heading Strike, revealing the platform processed over $6 billion in volume in 2024.“This is not a shift in my commitment; it’s an extension of it,” Mallers said in an April 25 letter to Strike investors. Every decision based on if it is “good for Bitcoin”“If Bitcoin wins, humanity wins. Every business decision I make starts with one question: Is this good for Bitcoin? Twenty One exists because I believe it is good for Bitcoin and, therefore, good for the world,” Mallers said. Mallers explained that Strike, a Bitcoin payments platform, and Twenty One Capital have different goals. He said Strike focuses on making “Bitcoin accessible globally,” while Twenty One aims to increase “Bitcoin ownership per share (BPS) and pioneer Bitcoin-native financial tools.” “These are separate companies, but they share the same ethos: Bitcoin wins, we win,” he said. Source: Jack MallersIt comes after Twenty One Capital announced its launch on April 23, with the backing of Tether, SoftBank and Cantor Fitzgerald. The firm is looking to challenge Michael Saylor’s Strategy to become the “superior vehicle for investors seeking capital-efficient Bitcoin exposure.” It revealed its plans to launch with 42,000 Bitcoin (BTC). Source: Michael SaylorMallers shared key metrics for Strike publicly for the first time, revealing that in 2024, the firm posted over $6 billion in volume, recorded 600% year-on-year growth, maintained an 85% gross profit margin, and reported zero customer acquisition costs. Mallers said that despite maintaining a team of 75 employees, the company expects to “generate 8-9 figures in net profit in 2025.” Several crypto enthusiasts had taken to social media to ask how the logistics would work for Mallers, being the CEO of Strike and Twenty One Capital. Related: 5 Bitcoin charts predicting BTC pri
Price predictions 4/25: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX April 25, 2025, 7:03 pm
Key points:Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000. Institutional investor demand is back, suggesting that the bearish trend could be over. Select altcoins could break above their respective overhead resistance levels if Bitcoin remains strong Bitcoin (BTC) bulls are trying to sustain the price above $95,000, but they are likely to face significant resistance from the bears. Will buyers succeed in pushing the price toward the psychologically important level of $100,000, or is a pullback around the corner? That is the big question on the traders’ minds. A positive sign is that inflows for US spot Bitcoin exchange-traded funds have increased since April 21, per Farside Investors data. Coinbase Institutional head of strategy John D’Agostino said in a recent interview with CNBC that several institutions purchased Bitcoin in April to hedge against currency inflation and macro uncertainty as Bitcoin mirrors “the characteristics of gold. Crypto market data daily view. Source: Coin360However, some analysts doubt the sustainability of the current Bitcoin rally. One of the red flags is that the sentiment, as measured by the Crypto Fear & Greed Index, slipped from a score of 72 out of 100 on April 23 to 60 on April 25, though Bitcoin is trading close to $95,000. Select analysts expect Bitcoin to pullback toward $87,000. Could Bitcoin sustain above $95,000, triggering buying in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out. Bitcoin price predictionBitcoin has been trading near the $95,000 level, suggesting that the bulls are holding on to their positions as they anticipate a move higher. BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day exponential moving average ($87,437) is sloping up, and the relative strength index (RSI) is near the overbought zone, signaling that the bulls are in command. A close above $95,000 could drive the BTC/USDT pair to $100,000. Sellers will try to halt the up move at $
Here’s what happened in crypto today April 25, 2025, 6:00 pm
Today in crypto, SEC chair Paul Atkins speaks at the agency’s roundtable. Circle executive Dante Disparte denies reports that the company is pursuing a US federal bank charter, and ARK Invest projects Bitcoin could reach as high as $2.4 million by 2030.SEC chair suggests 'huge benefits' in agency's third crypto roundtableIn one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had contributed to market and regulatory uncertainty. “I look forward to engaging with market participants and working with colleagues in President Trump’s administration and Congress to establish a rational fit-for-purpose framework for crypto assets,” said Atkins. SEC chair Paul Atkins addressing the April 25 crypto roundtable. Source: SECSome critics of US President Donald Trump see Atkins’ nomination to lead the SEC as a nod to the crypto industry, acting on campaign promises to remove Gensler — the former chair resigned the day Trump took office — and cut back on regulation. Democratic lawmakers on the Senate Banking Committee questioned Atkins on his ties to the industry, potentially presenting conflicts of interest in his role regulating crypto. Circle executive denies claims of seeking US banking licenseAn executive at major stablecoin issuer Circle denied reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer and head of global policy, Dan
Traders still offloading TRUMP holdings after dinner announcement — Nansen April 25, 2025, 5:51 pm
Though the identities of many of the top holders of US President Donald Trump’s memecoin were still unknown, blockchain data showed significant outflows over the past seven days — during which time he announced a dinner and White House tour for certain tokenholders. According to data from blockchain analytics firm Nansen as of April 25, the TRUMP memecoin had seen more than $869 million in outflows in the last seven days compared to roughly $96 million in inflows among the top 500 changes. Some of the changes followed Trump announcing that the top 220 TRUMP holders could apply to meet him at a golf club dinner in Washington, DC, with fewer opportunities for a White House tour. “It’s clear that more people took the opportunity to offload their Trump tokens than new buyers came in,” said Nansen. “There still appears to be some interest — either A) to secure the dinner ticket, or B) to capitalize on price volatility. As a result, a few new wallets have entered the top 250 holders, while some previous holders seem to have taken the opportunity to exit their positions.” Top TRUMP memecoin holders as of April 25. Source: TRUMP tokenLaunched in January before Trump took office, his memecoin, and that of his wife, Melania, have seen criticism from US lawmakers and leaders in the crypto industry for potential conflicts of interest. At the time of publication, the identity of many of the top tokenholders and those who might apply to attend the dinner were unknown. Who is investing in Trump’s memecoin?As of April 25, the top tokenholder had 1,176,803 TRUMP memecoins worth roughly $16 million at the time of publication. The wallet holder, under the username “Sun,” had led to speculation that Tron founder Justin Sun — a Trump supporter and investor in the Trump family-backed crypto firm World Liberty Financial — could be among the dinner attendees. Cointelegraph reached out to Sun’s team for comment but had not received a response at the
Stripe opens testing for new stablecoin product following Bridge acquisition April 25, 2025, 5:32 pm
Stripe, a global payments platform, is building a new US dollar stablecoin product for companies based outside the United States, the United Kingdom and Europe in a move that may further expand the footprint of the dollar around the world.Stripe CEO Patrick Collison confirmed the product on X, posting an invitation for companies interested in testing the solution. The move gained traction after Stripe recently received regulatory approval to acquire the stablecoin payments network Bridge. Bridge's network competes with banks and companies that use the SWIFT system, a global financial messaging network that facilitates international wire transfers. Two former Coinbase executives, Zach Abrams and Sean Yu, co-founded the company in 2022. Source: Patrick CollisonRelated: Former Square, Coinbase execs raise $58M for Bridge stablecoin network Stablecoin adoption grows in 2025Stripe has a long-standing history with crypto, becoming the first major payments processor to integrate Bitcoin (BTC) in 2014. However, it discontinued support due to Bitcoin’s long transfer times and high transaction fees. The company began rebuilding its crypto team in 2021 as part of a renewed push into the space. Stripe has recently accelerated that push. In October 2024, the company introduced a stablecoin payment option, which users adopted in over 70 countries on the first rollout day. In June that year, Stripe partnered with Coinbase to offer fiat-to-crypto conversions. Collison noted on X that Stripe's latest crypto initiative is something the company has "wanted to build for around a decade." Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to assets like fiat currencies. In the United States, USD-backed stablecoins have increasingly gained attention at the federal level, with figures like US Federal Reserve Chair Jerome Powell calling for dedicated legislation. PayPal launched its own stablecoin in 2023 and recently announced that it would begin offering yield to holders of its token. As of Apr
Semler Scientific buys another $10M worth of BTC April 25, 2025, 5:00 pm
Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement. The company purchased 111 Bitcoin (BTC) for $10 million at an average price of roughly $90,000 per coin, Semler said. It holds a total of more than 3,300 Bitcoin worth approximately $300 million in aggregate. Semler said its Bitcoin purchases have earned stockholders a Bitcoin yield of 23.5% in the year to date. Bitcoin yield measures the ratio of BTC holdings to outstanding shares, reflecting growing exposure per share for investors. “Semler Scientific uses BTC Yield as a [key performance indicator] to help assess the performance of its strategy of acquiring bitcoin in a manner Semler Scientific believes is accretive to stockholders,” it said. Semler bought 111 BTC since Feb. 14. Source: Eric SemlerThe company said it acquired its Bitcoin treasury for an average price of nearly $89,000. As of April 25, Bitcoin trades at approximately $95,000 per coin, according to data from Cointelegraph. Semler Scientific is a healthcare technology company that develops and sells medical diagnostic products, with a primary focus on detecting chronic diseases. The company has partially financed its Bitcoin purchases by issuing roughly $125 million in new stock, it said. Semler also announced plans to raise $75 million through the private offering of convertible senior notes in January. Corporations are among the biggest Bitcoin buyers. Source: BitcoinTreasuries.NET Related: Bitcoin, showing 'signs of resilience', beats stocks, gold as equities fold — Binance Corporate Bitcoin buyingIn 2024, Bitcoin’s surging price pushed Michael Saylor’s Strategy (formerly MicroStrategy) up more than 350%, according to data from FinanceCharts. Strategy’s success has inspired dozens of other companies, such as Semler, to start accumulating Bitcoin treasuries. Public companies are now among the largest institutional B
SEC chair suggests 'huge benefits' in agency's third crypto roundtable April 25, 2025, 4:16 pm
In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had contributed to market and regulatory uncertainty. “I look forward to engaging with market participants and working with colleagues in President Trump’s administration and Congress to establish a rational fit-for-purpose framework for crypto assets,” said Atkins. SEC chair Paul Atkins addressing the April 25 crypto roundtable. Source: SECSome critics of US President Donald Trump see Atkins’ nomination to lead the SEC as a nod to the crypto industry, acting on campaign promises to remove Gensler — the former chair resigned the day Trump took office — and cut back on regulation. Democratic lawmakers on the Senate Banking Committee questioned Atkins on his ties to the industry, potentially presenting conflicts of interest in his role regulating crypto. Related: Atkins SEC era sparks massive industry optimism, crypto execs speak out The direction of the SEC under new leadership“We’ve noticed that we don’t have to be as concerned [...] about being accused of things that we’re not doing, like being broker-dealers for securities,” Exodus chief legal officer Veronica McGregor, who participated in the roundtable, told Cointelegraph on April 24.”It’s just a less scary regulatory environment in general. It is, however, still unclear what the ultimate regs are going to look like for crypto.” The SEC crypto tas
Crypto Biz: Cantor Fitzgerald crypto play, ETF inflows highlight industry’s big sentiment shift April 25, 2025, 4:00 pm
US President Donald Trump’s first 90 days in office have been miserable for Bitcoin (BTC) and the broader cryptocurrency industry. Despite positive regulatory developments, culminating in the first-ever White House crypto summit on March 7, digital asset prices have been dragged down by the currents of trade war and fear of recession.However, crypto saw a huge sentiment shift this week amid reports that Trump was backing off on his full-scale tariff war against China. It also didn’t hurt that Trump’s media empire, Trump Media and Technology Group, inked a deal with Crypto.com for its forthcoming Made in America exchange-traded funds (ETFs). This week’s Crypto Biz newsletter covers renewed inflows into Bitcoin ETFs, a potential crypto venture backed by Cantor Fitzgerald, and Coinbase’s possible pursuit of a federal banking charter. It wraps up with a look at Tesla’s decision to hold its Bitcoin position despite a disappointing earnings quarter. Bitcoin ETFs see largest inflows since JanuaryCapital is flowing back into US spot Bitcoin ETFs, highlighting a positive sentiment shift among institutional investors. According to Glassnode data, the 11 spot Bitcoin ETFs registered $381.3 million in net inflows on April 21, with the ARK21Shares Bitcoin ETF accounting for nearly a third of the total. One day later, the 11 funds registered $912.7 million in net inflows, the largest since January when Bitcoin was trading at all-time highs. The ARK21Shares, Fidelity and BlackRock Bitcoin funds saw the largest inflows on April 22. As billions flowed back into Bitcoin ETFs, spot BTC prices climbed back to $94,000 on April 23, pushing the total cryptocurrency market cap close to the $3 trillion mark again. Net inflows to US spot Bitcoin ETFs are surging again. Source: CoinglassCantor Fitzgerald is backing $3B crypto venture: ReportCantor Fitzgerald is reportedly in talks with Softbank, Tether and Bitfinex to establish a $3 billion crypto acquisition company called 21 Capital.&
Nasdaq urges SEC to treat certain digital assets as 'stocks by any other name' April 25, 2025, 3:29 pm
Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter. The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion of digital assets as “financial securities.” Those tokens, Nasdaq argued, should continue to be regulated “as they are regulated today regardless of tokenized form.” “Whether it takes the form of a paper share, a digital share, or a token, an instrument’s underlying nature remains the same and it should be traded and regulated in the same ways,” the letter said. It also proposed categorizing a portion of cryptocurrencies as “digital asset investment contracts,” to be subject to “light touch regulation” but still overseen by the SEC. Nasdaq’s April 25 letter to the SEC. Source: NasdaqRelated: Certain stablecoins aren't securities, SEC says in new guidance Regulatory U-turnThe SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January. Under the leadership of former Chair Gary Gensler, the SEC took the position that practically all cryptocurrencies, with the exception of Bitcoin (BTC), represent investment contracts and therefore qualify as securities. This stance led the agency to bring upwards of 100 lawsuits against crypto firms for alleged securities law violations. However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21 after a lengthy Senate confirmation, the SEC has claimed jurisdiction over a narrower segment of cryptocurrencies. In February, the agency issued guidance stating that memecoins — if clearly identified as purely speculative assets with no intrinsic value — do not qualify as investment contracts pursuant to US law. In April,