President Trump will host the White House’s inaugural crypto summit on Friday, gathering key figures from the cryptocurrency sector and government officials to discuss a strategic bitcoin reserve and regulatory frameworks for digital assets. The summit aims to promote innovation and economic liberty, with notable attendees including leaders from Ripple, MicroStrategy, and Ethereum. Trump has emphasized his commitment to making the U.S. the “Crypto Capital of the World” and plans to unveil a U.S. Crypto Reserve that may include various digital tokens alongside bitcoin and ether.
about White House Hosts Inaugural Crypto Summit with Industry Leaders and OfficialsArk Restaurants Corp.
0 in Finance and 0 in Crypto last weekBitcoin ETF Outflows Continue as Ethereum Funds Show Resilience
U.S. spot Bitcoin ETFs are experiencing a fourth consecutive week of outflows, totaling nearly $4 billion, with $143.43 million lost on March 4. In contrast, Ethereum funds are showing resilience, breaking an eight-day outflow streak with $14.58 million in inflows, led by Fidelity’s FETH, which added $21.67 million. Despite recent struggles, BlackRock’s iShares Ethereum Trust remains the top performer by cumulative net inflows.
about Bitcoin ETF Outflows Continue as Ethereum Funds Show ResilienceTrump’s Executive Order Drives 1.9 Billion in Crypto ETP Inflows
Trump’s executive order proposing a strategic crypto reserve has led to $1.9 billion inflows into cryptocurrency exchange-traded products (ETPs), marking the third consecutive week of inflows and bringing the year-to-date total to $4.7 billion. Bitcoin ETPs dominated, attracting $1.6 billion, while Ether and XRP ETPs also saw notable inflows. Despite Grayscale experiencing significant outflows, BlackRock led the inflows with $1.5 billion last week.
about Trump's Executive Order Drives 1.9 Billion in Crypto ETP InflowsRecord Inflows into Bitcoin and Ethereum ETFs Amid Market Volatility
Bitcoin and Ethereum ETFs saw record inflows of $3.26 billion and $74.43 million, respectively, over four days, despite market volatility and policy uncertainty following President Trump’s inauguration speech. On January 17, Bitcoin funds attracted $1.08 billion, while Ethereum ETFs now manage $12.07 billion in assets. Bitcoin’s price fluctuated from $106,000 to around $104,000 amid these developments, with investors seemingly seizing opportunities in the crypto market.
about Record Inflows into Bitcoin and Ethereum ETFs Amid Market VolatilityTrump Memecoin Launch May Spark New Crypto Experimentation Phase
Investor Chris Burniske suggests that Donald Trump’s launch of the TRUMP memecoin could spark a new wave of experimentation and capital flow in the crypto market, reminiscent of the 2017 ICO boom. Despite not planning to invest in TRUMP, Burniske notes its rapid rise to a $64 billion valuation and its potential to inspire similar projects. He anticipates a return to fundamental crypto principles, emphasizing Bitcoin, stablecoins, and quality staking coins amidst the expected speculative fervor.
about Trump Memecoin Launch May Spark New Crypto Experimentation PhaseBinance CEO Encourages Users to Buy Bitcoin Amid Market Decline
Binance CEO Changpeng Zhao urges crypto users to seize the current Bitcoin buying opportunity, despite a recent market downturn that saw Bitcoin drop to $89,280. He emphasizes the importance of long-term holding and encourages users to act now, stating, “Today is earlier than tomorrow.” With Bitcoin down 15% from its all-time high of $108,000, Zhao believes that valuable prospects remain for those willing to invest. Meanwhile, Bitcoin ETFs faced significant outflows, raising concerns about potential short-term price pressure.
about Binance CEO Encourages Users to Buy Bitcoin Amid Market DeclineBlackRock iShares Bitcoin ETF Launches in Canada Amid US Sector Outflows
BlackRock’s iShares Bitcoin Trust (IBIT) has emerged as a standout performer amid significant outflows in the US Bitcoin ETF market, attracting $29.5 million in inflows while the sector faced a total of $284.1 million in losses. Following its success in the US, BlackRock is expanding IBIT to Canada, offering two versions of the ETF, including a US dollar-denominated option. This move aims to provide Canadian investors with convenient access to Bitcoin investments through traditional brokerage accounts.
about BlackRock iShares Bitcoin ETF Launches in Canada Amid US Sector OutflowsBitwise CEO Highlights Growing Interest in Bitcoin ETFs Among Wealth Managers
Bitwise CEO Hunter Horsley announced that a California wealth management firm has invested 63 clients in their spot Bitcoin ETF, BITB, which now boasts $4.08 billion in assets under management. A recent survey revealed that 96% of U.S. advisors received client inquiries about crypto in 2024, marking a record high. The growing interest in Bitcoin ETFs is expected to attract millions of investors into the crypto space.
about Bitwise CEO Highlights Growing Interest in Bitcoin ETFs Among Wealth ManagersBitcoin and Ethereum ETFs Experience Significant Outflows at Start of 2025
U.S. spot Bitcoin and Ethereum ETFs began 2025 with significant outflows, reflecting waning investor interest amid market volatility. Bitcoin ETFs saw $242.3 million in outflows but maintained $109.4 billion in assets, while Ethereum ETFs experienced $77.5 million in outflows, marking a shift from previous inflows. Grayscale’s ETHE led Ethereum outflows, while Fidelity’s FBTC and Ark’s ARKB ETFs recorded inflows, indicating mixed investor sentiment.
about Bitcoin and Ethereum ETFs Experience Significant Outflows at Start of 2025Ethereum ETFs Reach Record Inflows While Bitcoin ETFs Show Resilience
Ethereum ETFs reached a record $12.12 billion in assets in December, driven by $2.08 billion in net inflows, with BlackRock’s ETHA fund leading the charge. In contrast, Bitcoin ETFs saw $4.5 billion in inflows, down from November, as mixed performances were noted across various funds. Despite challenges, both asset classes ended December positively, with significant contributions from Fidelity and BlackRock.
about Ethereum ETFs Reach Record Inflows While Bitcoin ETFs Show Resilience