ETH ETFs -$71M cum/BitMine +71k EF staking/Voorhees accum/thomasg_eth dumps/Hyperliquid shorts/Binance pause
Key Questions
What were the recent flows for ETH ETFs?
ETH ETFs saw -$53M weekly US outflows, cumulative -$71M by Apr 3, though derivatives had +$104M. Schwab added +$120M on Apr 6, eyeing H1'26 launch. BTC ETFs contrasted with inflows.
How much ETH staking did BitMine add?
BitMine added 71k ETH, totaling 4.8M, alongside EF and Voorhees accumulations. BillΞ also accumulating. ETH price rose +5% to $2165.
What dumps occurred in the ETH ecosystem?
Thomasg.eth dumped wallet assets worth $26.49M in 5 hours. Hyperliquid saw shorts. Binance paused ETH transfers this week.
Why did Binance pause Ethereum transfers?
Binance will temporarily pause transfers on the Ethereum network this week for maintenance. This is routine but noted amid market activity. ETH holds steady.
What is Raoul Pal's outlook on ETH vs BTC?
Raoul Pal called ETH, saying current trends suggest it could outperform BTC over time with business cycle alignment. ETH/BTC ratio looks interesting. This amid ETF flows.
How is USDC minting on Solana affecting ETH?
Circle minted record 550M USDC on Solana in 12 hours, $3.25B weekly, $10.19B 30-day. Solana gains share but ETH dominates stablecoin supply. Ties into broader altcoin slips.
What security measures did Solana announce?
Solana launched STRIDE and SIRN for 24/7 threat monitoring and emergency response. This amid bearish patterns and DeFi exploits. Analysts eye $85 breakout.
How do ETH ETF outflows compare to BTC?
BTC spot ETFs had inflows while ETH, SOL, XRP saw outflows. BTC ETF flows rose as altcoin funds slipped. ETH staking grows despite price pressure.
ETFs -$53M wk US outflows (cum Apr3 -$71M derivs+$104M)/Schwab H1'26 +$120M Apr6; ETH $2165+5%/BitMine +71k tot4.8M/EF/Voorhees/billΞ accum/Hyperliquid shorts/Binance pause. Raoul Pal bullish ETH/BTC long-term via smart contracts TAM.