US Bitcoin spot ETF ushered in a net inflow of US$108 million, while Ethereum ETF has no capital flow On April 18, according to SoSoValue data, the total net inflow of Bitcoin spot ETF yesterday was nearly US$108 million, ushering in the first day of net inflow of funds. Among them, BlackRock's Bitcoin ETF IBIT ranked the most inflows in a single day with US$80.96 million. Currently, the cumulative net inflow of IBIT has reached US$39.75 billion. The second is Fidelity Bitcoin ETF FBTC, with a single-day net inflow of US$25.9 million. Currently, the cumulative net inflow of FBTC has reached US$11.28 billion. The Hashdex Bitcoin ETF DEFI recorded a net inflow of US$965,500 per day, bringing its cumulative net inflow to US$213. The other 9 Bitcoin ETFs did not see any capital flow yesterday. As of now, the total net asset value of Bitcoin spot ETFs is US$94.51 billion, accounting for 5.59% of the total market value of Bitcoin, and the cumulative net inflow is US$35.37 billion. On the same day, nine Ethereum spot ETFs did not see any capital flow on the first day after seven consecutive days of capital outflows. As of press time, the total net asset value of Ethereum spot ETF was US$5.27 billion, accounting for 2.76% of Ethereum's total market value, and the cumulative total net inflow was US$2.244 billion. #Bitcoin ETF #Ethereum ETF #Fund flow

US Bitcoin Spot ETF and Ethereum ETF both recorded net capital outflow yesterday On April 17, according to SoSoValue data, the total net outflow of Bitcoin spot ETFs in a single day was nearly US$170 million yesterday, recording the first-day net outflow after two consecutive days of net inflows. Among them, Fidelity Bitcoin ETF FBTC and Ark & 21shares Bitcoin ETF ARKB recorded US$11.38 million and net inflows of last 1,133 in a single day respectively. Currently, FBTC and ARKB achieved cumulative net inflows of US$11.26 billion and US$2.48 billion respectively. It is worth noting that BlackRock Bitcoin ETF IBIT ranked first in net inflow yesterday, with a single-day net inflow of US$30.58 million. Currently, the cumulative net inflow of IBIT has reached US$39.67 billion. As of now, the total net asset value of Bitcoin spot ETFs is US$93.65 billion, accounting for 5.6% of Bitcoin's market value, and the cumulative total net inflows reaches US$35.27 billion. On the same day, the total net outflow of Ethereum spot ETF was US$12.01 million, recording a net outflow of funds for seven consecutive days. Among them, Grayscale Ethereum Trust ETF ETHE ranked first in outflows with US$8.2 million in a single-day net outflow, and currently ETHE has accumulated net inflows of US$4.24 billion. BlackRock Ethereum ETF ETHA and Franklin Ethereum ETF EZET recorded net outflows of $4.27 million and $1.78 million respectively in a single day. However, the Grayscale Ethereum Mini Trust ETF ETH has a single-day net inflow of US$2.24 million in a single-day, and the current total net inflow of ETH has reached US$570 million. As of now, the total net asset value of Ethereum spot ETFs is US$5.25 billion, accounting for 2.76% of Ethereum's total market value, and the cumulative total net inflow is US$2.24 billion. #Bitcoin ETF #Ethereum ETF #Fund flow

Peter Schiff: Selling Bitcoin and Investing in Gold Mining Stocks in a Time of Turbulence in Cryptocurrency Market High-profile economist Peter Schiff advises investors to sell Bitcoin in the event of current turbulence in cryptocurrency markets and invest in gold mining stocks. Peter Schiff, the gold advocate who became famous for accurately predicting the 2008 financial crisis, has once again criticized Bitcoin. He called Bitcoin a "risk asset" and believed that investing in gold mining stocks in a situation where market uncertainty is "the best deal at the moment." Schiff pointed out that Bitcoin is still facing difficulties, with the cryptocurrency market falling generally, while gold prices continue to hit new highs, and gold prices broke through the historical high of $3,300 yesterday. However, although Bitcoin has shown some resilience in recent market volatility, Schiff still believes that Bitcoin still lacks intrinsic value and predicts that the next major economic recession will herald the demise of Bitcoin. In fact, Schiff has always questioned Bitcoin, criticized it for a long time as a speculative asset that lacks intrinsic value, and insisted that in a major economic crisis, the value of Bitcoin will definitely collapse, and gold is the safe haven in economic turmoil. However, he also admitted that Bitcoin performed better than expected when global trade tariffs triggered sharp market fluctuations on April 4. Stocks, commodities and cryptocurrencies were all hit at that time, and although Bitcoin fell 5.7%, it performed better than the Nasdaq and Russell 2000. Schiff, who is the head of European Pacific Capital, once said that the 2008 financial crisis gave birth to Bitcoin. If you want to replace traditional banking and financial business, the next major economic recession (perhaps related to the ongoing tariff war) is Bitcoin’s “doomsday.” Meanwhile, despite the recent 90-day temporary tariff extension, giving the market a brief respite, Schiff believes that the tariffs have caused long-term damage to global trade momentum and investor confidence, which further strengthens his opposition to cryptocurrencies as sustainable investment. Finally, during a period of volatile cryptocurrency markets, would you choose to sell Bitcoin? Or are you more inclined to invest in gold mining stocks? Leave your opinions in the comment section! #Bitcoin #Gold Mining Stocks #Investment Strategy

Tornado Cash case sparks controversy again: U.S. Treasury Department's regulatory transparency is questioned The U.S. Treasury Office of Overseas Assets Control (OFAC) removed Tornado Cash's smart contract from the sanctions list in March, but the deal developer Roman Semenov still faces sanctions as North Korean hackers used it. This "continuous" accountability not only sets a dangerous precedent for the market, but also intensifies public doubts about regulatory impartiality and transparency. It is worth noting that when OFAC lifting contract sanctions, it emphasizes that it is an independent decision rather than a court decision, and this statement implies that regulators are trying to retain the greatest discretion. In fact, the Ministry of Finance is adopting a "technical response" strategy: on the one hand, it limits the court's judgment to the narrow category of "immutable contracts", and on the other hand, it continues to advocate sanctions on variable agreements and their developers. This operation has put the entire DeFi industry, especially privacy protocol developers, into greater uncertainty. However, the regulatory dilemma reflected in this case is far more complicated than it seems. This is essentially a foundation for the principle of technology neutrality when regulators require developers to predict and guard against all potential uses of code on the grounds of national security. What is even more worrying is that OFAC has not yet given clear standards on the boundaries between "development behavior" and "criminal assistance", which has also turned open source code contributions into a roulette that bets against the law. The final ruling of the district court has not yet been released, but regardless of the result, the case has had a profound impact on the crypto ecosystem. Many privacy protocol developers should also start reevaluating the legal risks of projects, and some teams are even considering turning to a completely anonymous development model. This regulatory tug-of-war is not only about the survival of an agreement, but also about redefining the boundaries between technological revolution, innovation and compliance in the digital age. Therefore, in this collision between technological evolution and regulatory framework, how to balance privacy protection and crime prevention and control is still an urgent issue of the times. #Cryptocurrency #OFAC #TornadoCash

The rise in Bitcoin market has not triggered short-term speculation, and institutional dominance and liquidity tightening may be the main reason Bitcoin (BTC) has risen recently, but the market is extremely calm. Unlike previous bull market speculation, this rise lacks the enthusiasm of retail investors. According to CryptoQuant data, the percentage of BTC held for one week to one month is lower than in the past cycle, indicating that the influx of new participants is no longer obvious. Analysis points out that the current market trend is mainly caused by the influence of macroeconomic changes and the transfer of market dominance from retail investors to institutions. Because in the current environment of tight liquidity and high interest rates, the willingness to inflow in capital has weakened and the difficulty of price fluctuations and rising prices has increased. In addition, with the approval of the US Bitcoin ETF, institutional investors have become the market leader, and the market trend is more structured and gradual due to its more cautious capital flow. This structural evolution has also created a more cautious market atmosphere. Some analysts believe this is a sign that the cycle has peaked, but CryptoQuant believes it is still too early to draw this conclusion. According to QCP Capital's report, Bitcoin's wind reversal is biased towards put options, indicating that traders have a moderate and cautious position in the short term. However, the more at this time, retail investors are more important than pursuing rapid growth. It is worth noting that as of now, there are more than 800 calls in the cryptocurrency options market with expiration dates of US$100,000 on March 27, 2026. This differentiated attitude of "short-term wait-and-see, long-term optimistic" is a typical feature of the institutional market. Currently, the Bitcoin market price continues to consolidate in the range of 80,000 to 90,000 US dollars. The uncertainty of the global tariff pattern has made most market participants adopt a "waiting and watching" attitude. When Bitcoin becomes institutionally dominant, will we never see the crazy fluctuations we once did again? Do you think this "boring bull market" market will be the norm in the future? #Bitcoin #Cryptocurrency #Market Analysis

Bitcoin spot ETF has net capital inflows for 2 consecutive days, and Ethereum ETF has net capital outflows for 6 consecutive days. On April 16, according to SosoValue data, the total net inflow of Bitcoin spot ETF in a single day was US$76.42 million yesterday, recording a net inflow of funds for two consecutive days. Among them, Blackrock's Bitcoin ETF IBIT ranked first in net inflow yesterday, with a single-day net inflow of US$38.22 million. Currently, the cumulative net inflow of IBIT has reached US$39.64 billion. The second is Ark Invest & 21Shares' ETF ARKB, with a single-day net inflow of US$13.42 million. Currently, the total net inflow of ARKB has reached US$26 in history. Bitwise Bitcoin ETF BITB and Grayscale Bitcoin Mini Trust ETF BTC and Franklin Bitcoin ETF EZBC yesterday had net outflows of $10.98 million, $8.93 million and $4.87 million respectively. The other 7 Bitcoin ETFs have not seen any capital flow in a single day. As of now, the total net asset value of Bitcoin spot ETFs is US$93.72 billion, accounting for 5.62% of the total market value of Bitcoin, and the cumulative net inflow has reached US$35.44 billion. On the same day, the total net outflow of Ethereum spot ETFs was US$14.18 million in a single day, recording a net outflow of funds for six consecutive days. Among them, Grayscale Ethereum ETF ETHE had the largest net outflow yesterday, with a single-day net outflow of US$10.57 million. Currently, ETHE's cumulative net outflow has reached US$4.24 billion. The second is Fidelity Ethereum ETF FETH, with a net outflow of US$3.61 million in a single day. Currently, the total net inflow of FETH in history has reached US$1.36 billion. The other 7 Ethereum ETFs have not seen any capital flow in a single day. As of now, the total net asset value of Ethereum spot ETFs is US$5.36 billion, accounting for 2.78% of Ethereum's total market value, and the cumulative total net inflow is US$2.26 billion. #Bitcoin ETF #Ethereum ETF #Fund flow

White House plans to explore gold and tariff revenues to support Bitcoin strategic reserves According to Bo Hines, executive director of the President's Digital Assets Advisory Committee, the White House is studying the establishment of national Bitcoin reserves through innovative fiscal means. The core of the plan is that the government increases its holdings by bit through tariff revenue and reevaluating the US gold reserve pricing method without increasing taxpayers. The current gold certificate held by the Ministry of Finance is still priced at $42.22 per ounce in 1973. If adjusted to the current market price of about $2,300, it will generate hundreds of billions of dollars in book income. This part of the "paper profit" can be used for Bitcoin procurement. In addition to gold revaluation, the government is considering using future tariff revenue specifically for the construction of cryptocurrency reserves. This "out of the budget" funding arrangement can not only avoid squeezing existing financial resources, but also maintain operational flexibility. It is worth noting that the plan has formed a policy echo with the Bitcoin Act 2025 proposed by Senator Senator Cynthia, which aims to establish a legal framework for government holding digital assets. The initial reserves are expected to come primarily from cryptocurrencies seized by law enforcement, a practice that has become practiced in the Justice Department's actions in recent years. Behind this ambition is led by the White House’s accelerated national strategic goal of digital assets. In addition, the White House is developing a national digital asset framework to clarify federal government policies on key crypto issues such as tokenization, staking and stablecoins. Hines emphasized in particular that the government’s goal is not only to accumulate Bitcoin reserves, but also to systematically reshape the US financial infrastructure and make blockchain technology a core tool to improve payment efficiency and enhance fiscal transparency. However, these ideas still need to cross the threshold of Congress legislation. Some lawmakers have questioned the accounting treatment of "gold revaluation", worried that it may set a precedent for unconventional fiscal operations. Some market insiders also pointed out that the large-scale holding of Bitcoin by the government may change the supply and demand structure of the cryptocurrency market and even affect its price discovery mechanism. What do you think? Do you agree with the government in establishing Bitcoin reserves without the need for additional taxpayers? #Bitcoin Reserve #Cryptocurrency Policy #Blockchain Technology

Bitcoin Spot ETF Net inflows of US$1.47 million yesterday, Ethereum ETF Net outflows for 5 consecutive days On April 15, according to SoSoValue data, the total net inflow of Bitcoin spot ETF yesterday was US$1.47 million, a net inflow of funds on the first day after seven consecutive days of net outflows. Among them, BlackRock's Bitcoin ETF IBIT has a single-day net inflow of US$36.72 million, and the current cumulative net inflow of IBIT has reached US$39.6 billion. Fidelity's Bitcoin ETF FBTC showed a single-day net outflow of US$35.25 million yesterday, and the current cumulative net inflow of FBTC has reached US$11.37 billion. It is worth noting that the other 10 Bitcoin ETFs did not see capital flow on that day. As of now, the total net asset value of Bitcoin spot ETFs is US$94.69 billion, accounting for 5.62% of the total market value of Bitcoin, and the cumulative total net inflow has reached US$35.36 billion. On the same day, the total net outflow of Ethereum spot ETFs was US$5.98 million, recording a net outflow of funds for five consecutive days. Among them, Fidelity's Ethereum spot ETF FETH has a net outflow of US$7.78 million in a single day, and the current cumulative net inflow of US$1.36 billion. CETH, 21Shares' Ethereum ETF, recorded a net inflow of US$1.8 million in a single day. Currently, the total net inflow of CETH in history has reached US$15.14 million. As of now, the total net asset value of Ethereum spot ETFs is US$5.47 billion, accounting for 2.77% of Ethereum's total market value, and the cumulative total net inflow has reached US$2.27 billion. Conclusion: In summary, Bitcoin ETFs ushered in the first day of capital return after experiencing continuous net outflows, while Ethereum ETFs continue to face pressure on continuous capital outflows. This differentiation may reflect the market's different expectations for the future trend of Bitcoin and Ethereum. However, while investors' confidence in Bitcoin appears to have rebounded and cautious about Ethereum remains uncertain. #Bitcoin ETF #Ethereum ETF #Fund flow

Tether and OCEAN reach cooperation to reshape the Bitcoin mining landscape with DATUM protocol Recently, stablecoin issuer Tether announced an important cooperation with the decentralized mining pool OCEAN, and will gradually deploy existing and future Bitcoin mining computing power to the OCEAN platform, focusing on expanding the African market. This strategic transformation marks Tether's shift from traditional mining operations to supporting more decentralized mining protocols, with the core of which is the adoption of the DATUM technology solution developed by the team of Bitcoin Core developer Luke Dashjr. The innovation of this protocol is that it allows miners to bypass centralized mining pools and directly build block templates independently through local nodes, which is particularly suitable for Africa where network infrastructure is relatively weak. Tether CEO Paolo Ardoino said the decision was subject to months of technical evaluation to support the fundamental resilience of the Bitcoin network. In fact, this is Tether's second important layout in Africa. Previously, the company has cooperated with Nigerian crypto platform Quidax to carry out digital asset popularization education. It aims to build a unique Bitcoin niche for emerging markets through the dual-track strategy of "technology output + localized operations". It is worth noting that with its modular architecture, the DATUM protocol can aggregate mining machine connections in low-bandwidth environments. This feature will be synchronized for Tether's mining operations in other regions such as Latin America, helping to improve mining operations efficiency in various places. Market analysts pointed out that this move is not only a beneficial attempt to combat the centralization of computing power, but also demonstrates Tether's ambition to transform from a simple stablecoin issuer to a more comprehensive blockchain infrastructure provider. However, as the pressure on miners' income increases after Bitcoin halving, such technical solutions that can reduce operating costs and enhance autonomy may gain more attention. However, under the existing monopoly structure of mining pools, whether the decentralized mining model can be truly popularized still needs to be observed in its actual implementation effect and economic benefits. Are you optimistic about Tether's mining layout in Africa? Do you pay more attention to mining income or decentralization? Do you think decentralized mining is the future development trend? Leave your opinions in the comment section! #Tether #Bitcoin Mining #Decentralization #African Market

New York State plans to legislate: State government agencies may accept payments for cryptocurrencies such as Bitcoin New York State Councilor Clyde Vanel recently proposed a breakthrough bill (A7788) that plans to allow state government agencies to accept cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) as payment methods. According to the bill, these digital assets can be used to pay various government fees such as fines, taxes, rents, etc., and the state government also has the right to charge additional handling fees to cover online transaction costs. The bill has now entered the deliberation stage of the parliamentary committee, and if passed, it will rewrite the New York State fiscal law.  It is worth noting that this is the second encryption-related legislation proposed by Vanel in a week. On April 8, he just submitted another bill (A7716) requiring the study of the application of blockchain technology in election security. These two moves highlight the surge in interest in crypto technology in the U.S. local governments. At the same time, since Trump took office in January, more than 30 states across the United States have been advancing the establishment of Bitcoin reserve bills, and federal agencies such as the SEC have also successively revoked lawsuits against Ripple and Coinbase, turning to a more friendly regulatory policy and legal framework. Once passed, the bill will have a profound impact on the cryptocurrency market, including expanding the scope of application, promoting standardization, and providing a demonstration effect for national legislation, which is also expected to fundamentally change the financial status of cryptocurrencies in the United States. However, the bill also faces difficulties such as price fluctuations risks, environmental policy conflicts and accounting system adaptation. Therefore, the core of the bill is how to balance innovation and risks and ensure that change moves forward steadily. Conclusion: From Trump's proposal of the national Bitcoin reserve concept to New York State's promotion of the crypto payment bill, the United States is advancing a "bottom-up" crypto compliance change. However, whether change can cope with key issues such as volatility and scalability is still attracting public attention. In short, although the road to change is full of challenges, every step is moving towards a more mature and stable financial future. Do you think the crypto payment bill in New York State is likely to pass? What are the advantages and disadvantages of legalizing cryptocurrency payments? See you in the comment area! #New York Crypto Act #Government Cryptocurrency Payment #Bitcoin Tax Payment #Blockchain Government Affairs