[News Brief] Apr 22, morning | U.S. Spot Bitcoin ETFs See $227 Million in Net Outflows Last Week

U.S. Spot Bitcoin ETFs See $227 Million in Net Outflows Last Week

According to SoSoValue, U.S. spot Bitcoin ETFs recorded $227 million in net outflows last week, marking the sixth consecutive week of weekly outflows.

The product with the largest outflow was Grayscale Bitcoin Trust (GBTC), which saw $156 million leave the fund. GBTC’s cumulative net outflows now stand at $27.01 billion.

ARK 21Shares Bitcoin ETF (ARKB) also posted net outflows of $50.1627 million. Meanwhile, Grayscale Bitcoin Mini Trust (BTC) recorded net inflows of $14.9529 million.

As of the time of writing, total net assets of spot Bitcoin ETFs stood at $78.32 billion, accounting for 6.19% of Bitcoin’s total market capitalization. Cumulative net inflows were tallied at $53.4 billion.

Spot Ethereum ETFs Post $10.05 Million in Net Outflows Last Week

Spot Ethereum ETFs recorded $10.05 million in net outflows during last week’s trading days (June 14–18, U.S. Eastern Time), according to PANews, citing SoSoValue data.

Grayscale Ethereum Mini Trust (ETH) saw net outflows of $8.8231 million, while Fidelity FETH posted net outflows of $6.5701 million. In contrast, BlackRock ETHA recorded net inflows of $13.2179 million.

As of the time of writing, total net assets of spot Ethereum ETFs stood at $9.3 billion, representing 4.51% of Ethereum’s market capitalization. Cumulative net inflows were estimated at $11.18 billion.

U.S.-Iran Talks Continue in Switzerland

Negotiations between the United States and Iran are continuing in Switzerland, with the U.S. delegation reportedly expected to work through the night.

According to Odaily, a senior U.S. diplomatic official involved in the talks said the Iranian delegation remains on-site, while the U.S. side, including Vice President Vance, continues meetings and negotiations with Iranian representatives.

The Iranian delegation had earlier temporarily suspended talks in protest of President Trump’s threatening remarks toward Iran. Whether the negotiations continue could influence Middle East geopolitical tensions and global risk-asset sentiment.

BTC Falls Below $64,000

According to OKX market data, BTC fell below the $64,000 level and was trading at $63,991.

PANews reported that BTC was down 0.36% on the day. Amid short-term price volatility, whether Bitcoin can hold above the $64,000 level remains a key market focus.

New Wallet Deposits 6.68 Million USDC to Hyperliquid, Opens 20x Short Positions in BTC, SOL, and ETH

According to Onchain Lens, a newly created wallet, “0xaea,” deposited 6.68 million USDC into Hyperliquid and opened 20x short positions in BTC, SOL, and ETH.

The positions include 430.64 BTC worth about $27 million, 181,245 SOL worth about $13 million, and 4,280 ETH worth about $7 million. Such large leveraged short positions could contribute to increased short-term market volatility.

Whale Wallet Transfers 135.45 Million USDC to Aave

According to Whale Alert, approximately 135.45 million USDC was transferred from an anonymous whale wallet to Aave.

The transfer was worth about $135.44 million and may be related to DeFi liquidity provision or treasury management purposes.

Spot Solana ETFs Record $7.11 Million in Net Inflows Last Week

Spot Solana ETFs recorded $7.11 million in net inflows last week, according to PANews, citing SoSoValue data.

The product with the largest inflow last week was Fidelity FSOL, which attracted $3.724 million. Bitwise BSOL recorded net inflows of $2.9895 million.

As of the time of reporting, total net assets of spot Solana ETFs stood at $794 million, equivalent to 1.96% of Solana’s total market capitalization. Cumulative net inflows reached $1.13 billion.

HYPE Spot ETFs See $27.95 Million in Net Inflows Last Week

According to SoSoValue data, HYPE spot ETFs recorded $27.95 million in net inflows during last week’s trading period.

Bitwise ETF BHYP posted the largest weekly net inflow at $24.5136 million, bringing cumulative net inflows to $118 million. Grayscale ETF HYPG saw net inflows of $2.1716 million, with cumulative net inflows reaching $9.12 million.

As of the time of writing, total net assets of HYPE spot ETFs stood at $221 million, accounting for 1.45% of HYPE’s total market capitalization.

Gate Ranks No. 1 Globally Among Centralized Exchanges in Net Inflows Over the Past 7 and 30 Days

According to Odaily, citing DefiLlama data, Gate recorded net inflows of $495.84 million over the past seven days and more than $485.78 million over the past 30 days.

It ranked first among global centralized exchanges in both periods. Net inflows to exchanges are commonly used as an indicator of user deposits and market liquidity trends.

Bittensor Co-Founder Unveils Decentralization Roadmap

Bittensor co-founder Const unveiled the project’s decentralization roadmap, stating that the goal is to establish a fully decentralized framework within the next year and a half.

According to PANews, Const said on X that while Bittensor has achieved decentralization in terms of ownership distribution, its economic incentives and decision-making structure are still largely led by the core team.

Bittensor has operated for more than five years without a premine and currently has 128 subnet teams and more than 20 core validator teams.

Future plans include reintroducing a validator competition mechanism, opening two-way liquidity pools, preventing manipulation of on-chain signals, and granting voting rights to alpha token holders.

Const added that updates related to TAOFlow and associated derivatives will be released in the coming weeks to adjust issuance distribution algorithms and improve inflation allocation methods.