Bitcoin ETF flows, Trump Media transfer and BTC technicals
Spot BTC ETFs saw modest net inflows despite IBIT outflows, ETH ETFs ended a seven-day outflow streak, and Trump Media moved 4,259 BTC to Crypto.com.
What we know
Spot BTC ETFs took $74.6M while IBIT shed $201.2M; ETH ETFs added $53M. Trump Media moved $343.7M of BTC to Crypto.com. An account on X sees bull divergences off $75K support, and a 10x LINK long of $5.18M appeared on Hyperliquid. Goats-source accounts were upbeat, e.g. November making coins cool again.
How the story developed
Spot BTC ETFs saw modest net inflows despite IBIT outflows, ETH ETFs ended a seven-day outflow streak, and Trump Media moved 4,259 BTC to Crypto.com.
The SEC's Corp Fin division issued a no-action letter treating Canton Coin as a digital commodity, Coinbase and Shopify launched stablecoin checkout on Base, and Block reached a deferred DOJ money laundering agreement.
Anthropic's FlashProve ZK prototype drew crypto attention, including a Starknet mention, while market commentators debate AI growth, capex, and funding.
Bitmine keeps accumulating ETH, OKX reserves show rising BTC/ETH, Ark trades crypto equities, and NYSE adds tokenized-securities transfer agents.
BTC trades around $76K–$80K with heavy ETF outflows and realized losses, while Strive and Bitmine keep accumulating.
The $6B+ Binance theft triggered record-sized ETF outflows, but BTC only fell ~5% and sentiment is mixed between dip-buying and short setups.
Starknet's community voted 93% in favor of researching a fully post-quantum secure L1, citing accelerating AI and quantum computing risks.
Despite the largest hack in crypto history, BTC realized volatility remained a subdued 61%, and analysts see the dip as a potential relief-bounce setup — though caution around a bull trap persists.
A prominent trader is short BTC, ZEC, and $PUMP simultaneously, calling the ZEC and PUMP rallies artificial; meanwhile an Ethereum OG dumped ~$5M of ETH into Coinbase after 3 years dormant.
Google previewed a multi-party compute crypto custody service for banks, while Ripple and Coinbase announced RLUSD stablecoin integration across multiple chains including Ethereum, Base, and XRP Ledger.
Sources
“Spot bitcoin ETFs reported $74.6 million in net inflows on Wednesday”
View post →“Trump Media moved 4,259 BTC ($343.7 million) to Crypto.com”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.