ETF momentum reshapes the crypto market

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ME News, April 28 (UTC+8): GSR launched its first ETF that includes BTC, ETH, and SOL — BESO — for an active asset allocation adjustment. Bank of America postponed the implementation of the Genius Act. The price of Bitcoin could break through $80,000. MSTR added 3,273 BTC. The Kelp DAO incident caused a $130 billion DeFi market cap wipeout. In the coming week, the FOMC and earnings reports from major tech companies will be released. Morgan Stanley and Goldman Sachs are leading the institutional ETF wave. Spot Bitcoin ETFs’ net assets exceed $102B. Ethereum ETFs set a record for the longest 10-day inflow. Five factors could drive Bitcoin above $80,000. (Source: MLion)
BTC1.06%
ETH3.44%
SOL2.23%
BAC1.23%
MSTR-2.06%
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