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Spot Bitcoin ETFs Cross $1B Last Week In Inflows As Cumulative Flows Approach Record High

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Spot Bitcoin ETFs Cross $1B Last Week In Inflows As Cumulative Flows Approach Record High

U.S. spot bitcoin ETFs recorded net inflows of $996.4 million last week, marking the strongest weekly intake since mid-January. The move extends a three-week inflow streak that has added more than $1.8 billion to the category and pushed year-to-date flows above $1 billion after a prior stretch of net outflows.

BlackRock’s IBIT led issuance with $906 million in net inflows during the week. Morgan Stanley’s MSBT posted $71 million in inflows in its first full trading week after launch on April 8. Ethereum spot ETFs recorded $275.8 million in net inflows over the same period.

ETF accumulation continues to define bitcoin market structure in 2026. U.S. spot bitcoin ETFs bought 8,572 BTC on Friday alone. The ten-day net accumulation rate reached 24,197 BTC. Total holdings sit 3.71% below the peak recorded on October 10, 2025, despite a large price decline during the same period.

Cumulative net flows across U.S. spot bitcoin ETFs sit near $58 billion. The peak level reached $62.8 billion. The gap between current and peak cumulative flows stands near $5 billion. This metric remains the central reference point for institutional adoption tracking because it reflects total capital entering the product set since launch, minus all withdrawals.

Market structure data shows sustained demand from institutional allocators. Weekly inflows have returned after a period of net redemption pressure. The recovery follows a full reversal of prior outflows and extends the category back into positive territory on a year-to-date basis.

Bitcoin ETF demand

ETF demand has become a dominant component of bitcoin supply absorption. New issuance from mining remains limited relative to ETF accumulation rates. The imbalance between supply and demand continues to influence liquidity conditions across spot venues.

Morgan Stanley’s newly minted MSBT Bitcoin ETF recorded $116M in net inflows in its first week, a small figure against the firm’s $1.9T asset base but notable for a new crypto product in a competitive ETF market.

Despite trailing giants like BlackRock’s IBIT and Fidelity’s FBTC, the launch signals growing bank involvement in Bitcoin ETFs, with its low 0.14% fee positioning it as a cost-competitive and legitimacy-driven entry point.

Price action across all ETFs remains sensitive to flow regimes. Bitcoin ETF inflows tend to align with stronger bid support in spot markets, while outflow periods coincide with reduced demand absorption. The latest inflow wave coincides with stabilization in broader risk assets and renewed positioning from institutional desks.

The composition of inflows shows concentration in large products. IBIT continues to capture the majority of flows across the category. Smaller and newer funds show uneven participation, though MSBT recorded early traction in its first full trading week.

Across global products, cumulative ETP demand shows a similar direction. Institutional accumulation remains a key driver of total bitcoin demand alongside corporate treasury purchases and long-term holder retention.

ETF holdings remain close to record levels despite volatility in price. This divergence between holdings and price reflects sustained accumulation during drawdowns rather than distribution. The structure suggests long-duration allocation behavior rather than short-term trading exposure.

RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

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RaveDAO accused by ZachXBT of ties to ‘suspicious’ crypto exchange activity

Blockchain sleuth ZachXBT wrote on Sunday that the team behind RaveDAO is at least aware of who manipulated the price of its token, which saw an impossible 11,000% surge in price followed by a near immediate collapse.

“I found suspicious CEX (centralized crypto exchanges) activity on April 26 tied to RaveDAO team addresses onchain, which potentially contradicts their recent statements,” the blockchain investigator said.

In a separate post, ZachXBT flagged a transfer from a RAVE address used for “initial distribution” by RaveDAO from which roughly $23 million worth of tokens were transferred to two Bitget deposit addresses causing the price to drop 40% from $1 to $0.6.

RaveDAO posted a six-part X thread on Saturday, previously reported by CoinDesk, stating “we are aware of the rumors and accusations circulating regarding $RAVE and the RaveDAO team. We want to be clear: RaveDAO team is not engaged in, nor responsible for, recent price action.”

However, ZachXBT said, “given the supply concentration, the team at minimum knows who is responsible for this price action.”

In a separate X post, the investigator said, “you expect the community to believe RAVE went $60M -> $6B mkt cap organically in nine days with little to no utility? Considering your team handled the initial distribution with a low float it’s unlikely you do not know the party responsible for it.”

The RaveDAO token, which increased by nearly 11,000% in nine days from about $0.25 to $27.33, then plunged by over 90%, losing roughly $5.7 billion in market capitalization in just 48 hours. Its price currently hovers around $0.67.

The sleuth also said RAVE is not the only token with manipulation “we have seen on major centralized exchanges. It’s just the most blatant.” He also said it was highly unlikely the CEXs did not spot the massive $RAVE token price movements.

UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

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UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation

Reabold Resources, an investment company focused on developing European gas projects, said it is considering establishing a gas-powered bitcoin BTC$75,597.44 mining station in northern England.

The London-based company is exploring the potential to deploy a small power plant as a pilot for future data-center developments that are “crucial to the future U.K. economy,” it said in a statement on Monday.

Bitcoin production from the company’s West Newton A well site will be used to demonstrate the ability to use the gas to fuel data-center developments, the firm said. The announcement follows publication of a Telegraph article criticizing the plan at a time when the country could face gas shortages because of the war between Iran and the U.S. and Israel.

Concerns of potential gas shortage are unfounded according to a U.K. government statement in late March, which said gas supply will not be affected.

“Only about 1% of the U.K.’s gas supply in 2025 came from Qatar. We have no reason to expect it would be significantly different in 2026,” it said.

The Telegraph’s article said Reabold’s West Newton gas field is so large it could theoretically power the creation of 50,000 bitcoin tokens.

“A private gas supply means we can run a data centre to mine bitcoin relatively cheaply,” said Sachin Oza, the co-CEO of Reabold Resources, which has a drilling license by the Environment Agency.

“Initially, this would help fund the further development of the gas field and prove the concept – meaning it could become the precursor to a far larger data center.”

But, the firm said, “the significant onshore natural gas resource at the West Newton site in Yorkshire has and will continue to be progressed for the benefit of U.K. energy security, which is particularly important at this time of significant geopolitical uncertainty.”

Reabold’s plan for a bitcoin mining operation to broaden into a data center comes bitcoin mining is undergoing a transformation, with many companies diverting into high-performance computing and support for the AI industry.

The Evolutionary Leap from Process Automation to Full Autonomy

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The Evolutionary Leap from Process Automation to Full Autonomy

Robin Hasson, Head of Reconciliations – Product Management at Smartstream, discusses a major evolutionary leap in financial services technology: the industry’s shift from simple process automation to full autonomy whereas automation typically focuses on point-to-point processes, such as loading data or managing throughput.

Autonomy, conversely, is defined by chaining multiple automated processes together into much longer, goal-driven workflows. This fundamentally changes the system’s purpose, enabling it to autonomously derive and execute the single best way to solve a complex problem rather than just following a pre-set routine. This new approach represents a significant evolution from the tools provided over the last decade, which simply allowed people to manually find, report, and deal with data themselves. Now, Smartstream is focused on an “outcome first” model where the system proactively seeks out problems before the user even knows they exist. Beyond just flagging an issue, the autonomous system is designed to propose an out-of-the-box solution, thereby delivering the end goal directly to the user and eliminating the tedious manual search for data or workarounds.

The deployment of these highly autonomous systems, however, requires careful design, particularly in the heavily regulated environment of financial services. Smartstream cautions that firms cannot simply allow a “black box” to control everything; systems must be designed to meet strict regulatory and business process needs. Accountability is paramount: there must be full traceability, audit, and control, including data lineage that tracks every change and explains the logic behind every decision. Crucially, the human element remains accountable and humans must retain the ability to sign off, approve, reject, or control the system’s actions, ensuring they can prove to regulators exactly what transpired at any point in the future

Looking at the world of agentic workflows, Hasson acknowledged that while agents can handle tasks like designing workflows, orchestrating connections, and simulating user activities, the challenging part is accurately capturing real business intent. This deep domain knowledge is something financial firms and providers like Smartstream have spent years fine-tuning with clients. Smartstream’s strategy is to leverage this existing, highly accurate knowledge, rather than starting from scratch, to build agentic workflows, resulting in greater value and more trustworthy systems. Smartstream anticipates that while this technology is in its early stages, it could eventually automate most back-office functions, provided the proper levels of human scrutiny, control, and accountability are in place.

These Classic Bitcoin Metrics Forecast a ‘Big Move’ Ahead in BTC Price

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These Classic Bitcoin Metrics Forecast a ‘Big Move’ Ahead in BTC Price

Bitcoin (BTC) has recovered 25% from its multi-year low below $60,000, with momentum indicators flashing rare “buy” signals.

Key takeaways:

  • Bitcoin’s MACD and RSI indicators forecast a sharp BTC price rally in the coming days.

  • Bitcoin price must reclaim $78,000 in the coming days to sustain upward momentum.

Bitcoin’s MACD, RSI confirm “bull market is on”

Data from TradingView showed BTC/USD trading at $75,300, 4% below its 10-week high of $78,380 reached on Friday. 

Despite this pullback, fueled by uncertainties over the US and Israel-Iran war, price indicators hinted at continued upside to come.

Analyzing the moving average convergence divergence (MACD) indicator in the weekly time frame, trader Sykodelic flagged a key bullish crossover, setting Bitcoin up for an upward run.

Related: BTC price due ‘new highs:’ Five things to know in Bitcoin this week

“Not only do we have a 1W MACD bullish cross and break of trend, we have it from the lowest point the MACD has ever dropped to,” analyst Sykodelic said in a recent post on X, adding:

“We are at a very important level here, and the weekly close will be very important.”

Previous instances show that Bitcoin tends to rise sharply when the MACD line (blue) crosses above the signal line (orange). 

This ultimately has led to 340%-380% BTC price gains, as seen in 2018-2019 and 2022-2023.

BTC/USD weekly chart. Source: Cointelegraph/TradingView

“A big move usually follows whenever this weekly MACD bullish cross happens,” analyst Mikybull Crypto said in a recent post on X.

Meanwhile, the relative strength index, or RSI, has now recovered to 43 from 21 in mid-February. When combined with a buy signal on the MACD, the picture begins to resemble previous cycles.

In a recent video posted on X, trading resource Material Indicators said that the weekly RSI holding above the 41 level was among the “macro things that need to happen to say a validated bull market is on.” 

Previous occurrences in 2023, 2020 and 2019 have led to 660%, 1,600% and 316% BTC price rallies, respectively.

Other Bitcoin analysts suggest that sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs.

Bitcoin must reclaim $78,000 next

As Cointelegraph reported, Bitcoin’s bullish case hinges on flipping the resistance at $78,000 into support, where the true market mean currently sits.

Analyzing Bitcoin’s price action on lower time frames, Telegram trading resource Technical Crypto Analyst said that after reclaiming the $70,000 level, the BTC/USD pair is “now pushing into a major supply zone around 75K–78K, which is acting as resistance,” adding:

“A clean breakout above this zone could continue the move toward new highs, while rejection may lead to a pullback toward the 68K–70K support region.”

BTC/USD four-hour chart. Source: Technical Crypto Analyst

Fellow analyst Bitcoinsensus said failure to break above $78,000 would suggest that the latest rally was a “possible bull trap,” as seen in previous failed breakouts. 

“If price loses momentum from here, the setup keeps downside pressure in focus in the near term.”

BTC/USD daily chart. Source: Bitcoinsensus

As Cointelegraph reported, a close above the $76,000-$78,000 area would confirm that the buyers are in control, clearing the path for a potential rally to $84,000.