- Trump Rejects Iran’s Proposal to End the War:

U.S. President Donald Trump rejected Iran’s counter-proposal to end the war, describing it as “completely unacceptable.” It appears that Trump’s response has raised concerns among global markets, which were expecting a potential final peace agreement under the fragile ceasefire.

Media reports said the latest proposal included recognition of Iran’s sovereignty over the Strait of Hormuz and compensation for war damages. Despite Trump’s rejection, the spokesperson for Iran’s Ministry of Foreign Affairs, Ismail Baghayi, stated that all terms of the proposal are “reasonable” and “generous” in serving Iran’s national interests, as well as stability in the region and the world, according to a CNN report.

The challenges facing the cryptocurrency market indicate that investors are on edge and are likely to remain cautiously optimistic.

Spot Bitcoin ETF funds recorded strong inflows of $623 million last week. However, these products listed in the United States saw outflows of $278 million on Thursday and $146 million on Friday, suggesting increasing caution among institutional investors.

Spot Bitcoin ETF inflows | Source: SoSoValue

Interest in spot Ethereum ETF funds remained relatively stable last week, with total inflows of $71 million as of Friday. Thursday saw outflows of $104 million, according to SoSoValue data. The average cumulative inflows are $12.09 billion, while net assets under management reached $13.73 billion.

Ethereum ETF inflows | Source: SoSoValue

XRP ETF funds saw a notable improvement last week, with inflows rising to $34.21 million after registering marginal outflows of about $35 thousand in the previous week. Total inflows are currently $1.32 billion, while the average net assets under management are $1.12 billion.

XRP ETF inflows | Source: SoSoValue
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