The momentum of ETFs reshapes the crypto market

robot
Abstract generation in progress

ME News, April 28 (UTC+8): GSR launched its first ETF containing BTC, ETH, and SOL—BESO—making active adjustments to asset allocation. Bank of America delays implementation of the Genius Act. Bitcoin price could break above $80,000. MSTR added 3,273 BTC. The Kelp DAO incident led to a $130 billion evaporation of DeFi market capitalization. In the coming week, there will be FOMC and earnings reports from major tech companies. Morgan Stanley and Goldman Sachs are leading the institutional ETF wave. Spot Bitcoin ETF net assets exceed $102 billion. The Ethereum ETF achieved the longest 10-day inflow record. Five factors could drive Bitcoin past $80,000. (Source: MLion)

BTC-1.68%
ETH-1.66%
SOL-1.81%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin