Overview
- CoinShares reported Monday that digital asset funds drew $1.2 billion last week, lifting crypto assets under management to $155 billion, the highest since February.
- After Monday’s run toward $79,400, bitcoin slipped to about $76,900 on Tuesday as Brent crude pushed above $109 a barrel and talks over the Strait of Hormuz showed little progress.
- Spot bitcoin ETFs now hold more than 1.3 million BTC with over $102 billion in assets, and U.S. funds bought 18,991 BTC over five days, while corporate buyer Strategy added roughly $3.9 billion in April, all of which reduces coins available to trade.
- Market swings have been sharp as leverage meets thin order books, with Bybit tallying $593 million in short liquidations and futures positioning still skewed to shorts, a mix that can trigger squeezes and quick reversals.
- Ethereum is seeing a different backdrop, with about $155 million moving into spot ETH ETFs in the week of April 20–24 and on-chain data showing accumulation and record smart‑contract deployment even as the price sits roughly 50% below its October 2025 peak.