ETF momentum reshapes the crypto market

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ME News: On April 28 (UTC+8), GSR launched its first ETF—BESO—which includes BTC, ETH, and SOL, to conduct proactive asset allocation adjustments. Bank of America postponed the implementation of the Genius Act. Bitcoin’s price could break through $80,000. MSTR added 3,273 BTC. The Kelp DAO incident led to a $130 billion wipeout of DeFi market cap. FOMC and major tech company earnings reports are scheduled for next week. Morgan Stanley and Goldman Sachs lead the institutional ETF wave. Spot Bitcoin ETF net assets exceed $102B. The Ethereum ETF achieved its longest inflow streak at 10 days. Five factors could drive Bitcoin to break through $80,000. (Source: MLion)
BTC-0.97%
ETH-0.61%
SOL2.22%
MSTR-2.06%
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