[News Brief] Apr 22, morning | Bitcoin ETF Records $6.35 Billion in Net Outflows Over the Past 30 Days

Bitcoin ETF Records $6.35 Billion in Net Outflows Over the Past 30 Days

Bitcoin ETFs recorded $6.35 billion in net outflows over the past 30 days, according to a report by PANews on the 21st.

Galaxy Research said on X that this was the largest net outflow among all 582 rolling 30-day periods. ETF fund flows are commonly used as a key gauge of institutional investor demand and market sentiment.

Pakistan: Iran Will Not Restrict Passage Through the Strait of Hormuz for the Next 60 Days

Pakistan Foreign Minister Dar said during a four-party meeting involving Egypt, Türkiye, Saudi Arabia, and Pakistan that Iran will not block ship passage through the Strait of Hormuz for the next 60 days, nor impose transit or service fees, according to Odaily, citing a Saudi media outlet.

Minister Dar said Pakistan had succeeded, for the first time in 47 years, in bringing the United States and Iran to the negotiating table. He added that a war between the U.S. and Iran could produce destructive consequences with negative effects on the economy, and explained that three technical teams are currently discussing the nuclear issue, frozen assets, and the situation in Lebanon.

The Strait of Hormuz is a key maritime route for Middle Eastern oil shipments. In the past, concerns over a blockade or restrictions in the strait have repeatedly led to higher energy prices and increased volatility in global financial markets.

U.S. Vice President Vance Leads Iran Nuclear Talks in Switzerland

U.S. Vice President Vance has arrived in Switzerland and is leading negotiations between the United States and Tehran over Iran’s nuclear program, Odaily reported.

The talks are taking place amid ongoing tensions surrounding Iran’s nuclear issue, and the outcome could influence Middle East geopolitics and global market risk sentiment.

BTC Falls Below $64,000

According to OKX market data, BTC fell below $64,000 and traded at $63,989.90.

Its daily decline was 0.28%, with market attention focused on whether the break below this psychological level will persist in the short term.

$181.03 Million USDT Transferred From Unknown Wallet to OKX

According to Whale Alert, 181,034,200 USDT was transferred from an unknown wallet to OKX.

The transfer was worth approximately $180.89 million. Large stablecoin inflows to exchanges can be interpreted as sidelined capital waiting to buy, though the actual purpose of the transfer has not been confirmed.

$220 Million USDT Transferred From Tether Treasury to Bitfinex

According to Whale Alert, 220 million USDT, worth about $219.83 million, was transferred from Tether Treasury to Bitfinex.

This was another example of a large-scale stablecoin movement and may have been related to exchange liquidity provisioning or internal treasury management.

Source: Whale Alert

Japan National Federation of Mutual Aid Associations for Commercial Enterprises Plans Crypto Investment Starting Fiscal 2026

According to Wu Blockchain, Japan’s National Federation of Mutual Aid Associations for Commercial Enterprises plans to begin investing in crypto assets starting in fiscal year 2026.

The fund covers around 1,200 small and medium-sized enterprises and manages approximately 21.3 billion yen, or about $136 million, in assets. Crypto assets are expected to account for roughly 1% of total assets.

The investment is reportedly expected to be made through a passive multi-crypto fund managed by major hedge funds. The fund sees currency risk diversification as a key reason for the move.

Galaxy Research: Bitcoin Miners Have Entered a Capitulation Phase

Galaxy Research said on X that Bitcoin miners have entered a “capitulation phase.”

According to Galaxy Research, Bitcoin mining difficulty is now down more than 20% from its historical peak. This marks the biggest decline in difficulty since 2021.

The sharp drop in mining difficulty suggests that some miners are leaving the network due to worsening profitability. The market is interpreting this as the beginning of a hashrate adjustment phase.

MSUSD Plunges 85% at One Point

According to Wu Blockchain, PeckShield said that MSUSD, a token linked to Mainstreet Finance, fell as much as 85%, while utilization in Morpho’s msY/USDC market reached 100%.

AlphaUSDC Delta V2, managed by AlphaPing, was reported to have around 30% exposure to the market, amounting to roughly $18 million.

The sell-off occurred after Accountable terminated its attestation agreement with Mainstreet Finance. Mainstreet said the issue was not insolvency, but rather the suspension of a third-party proof-of-reserves dashboard, adding that all assets remain fully collateralized.

Mainstreet also said it had already deployed more than $8 million in USDC to support liquidity and is seeking an alternative proof-of-reserves provider.

a16z Crypto: Prediction Market Open Interest Hits Record $1.48 Billion for Second Consecutive Week

According to Odaily, a16z Crypto said on X that prediction market open interest reached $1.48 billion in the week ending June 15, setting a new all-time high for the second consecutive week.

Unlike trading volume, open interest measures capital that has been committed by participants and remains exposed to market risk. a16z Crypto said the figure has increased about sixfold over the past year, showing that prediction markets are evolving beyond one-off betting into lasting market infrastructure.

Previously, a16z Crypto also said that weekly prediction market trading volume hit a record $10.8 billion amid major events including the World Cup.