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Quick Take U.S. spot bitcoin ETFs recorded $381.4 million in net inflows on Monday, marking their largest daily inflow since Jan. 30. Bitcoin held steady while major U.S. stock indexes and the dollar declined on the day.
Quick Take Global crypto funds recorded minor net inflows of $6 million last week, with XRP investment products overcoming outflows from Bitcoin and Ethereum ETPs, according to asset manager CoinShares. Sentiment toward the asset class remains mixed but is showing “signs of recovery,” Head of Research James Butterfill said.
Quick Take DoubleZero co-founder Austin Federa explains how the public internet bottlenecks blockchain performance — and how his firm is seeking to address this by building a dedicated global fiber network.
Quick Take Metaplanet CEO Simon Gerovich said that, despite concerns over the company’s share price, its goal is to “create long-term corporate value,” not to achieve returns based on short-term stock price fluctuations. Gerovich said Metaplanet’s bitcoin treasury strategy is already demonstrating results, but the firm is “just getting started.”
Quick Take Galaxy Digital swapped over $100 million worth of ETH for SOL in the past two weeks, Lookonchain said. This coincides with ETH dominance dropping to its all-time low earlier today, to under 7%.
In Brief Pi Network has potential to reach $5, supported by significant investor withdrawals. Technical indicators show positive trends, urging cautious monitoring from investors. Anticipated exchange listings could further influence market dynamics for Pi Coin.
- 17:40Trump: Will Use Tariffs to Pressure Countries to Open UpAccording to Jinshi reports, U.S. President Trump stated that he will use tariffs to threaten countries to open up.
- 17:40Zhao Changpeng: Bitcoin Investment Is Simple, Just Avoid Panic SellingChangpeng Zhao stated that investing in Bitcoin is simple, as long as you avoid panic selling.
- 17:36US stocks surge in the short term as Trump says it's best to buy stocks quickly nowAccording to Jinshi reports, U.S. stocks surged in the short term, with the Dow Jones Industrial Average rising to 1.27%, the Nasdaq up 1.6%, and the S&P 500 Index up 1.2%. Trump stated that now is the best time to quickly buy stocks.