ETF momentum reshapes the crypto market

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ME News: On April 28 (UTC+8), GSR launched its first ETF containing BTC, ETH, and SOL—BESO—making active asset allocation adjustments. Bank of America delayed the implementation of the Genius Act. The price of Bitcoin may break above $80,000. MSTR added 3,273 BTC. A Kelp DAO incident caused a $130 billion DeFi market value wipeout. In the coming week, the FOMC and earnings reports from major tech companies. Morgan Stanley and Goldman Sachs are leading the institutional ETF wave. Spot Bitcoin ETFs’ net assets exceeded $102B. Ethereum ETFs achieved the longest 10-day inflow record. Five factors may drive Bitcoin to break above $80,000. (Source: MLion)
BTC1.19%
ETH4.56%
SOL0.79%
BAC0.18%
MSTR7.56%
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