[News Brief] Apr 22, morning | Bitcoin Spot ETFs See $1.42 Billion in Net Outflows from May 25 to 29 (U.S. Eastern Time)

Bitcoin Spot ETFs See $1.42 Billion in Net Outflows from May 25 to 29 (U.S. Eastern Time)

According to Odaily, citing SoSoValue data, Bitcoin spot ETFs recorded $1.42 billion in net outflows from May 25 to 29, U.S. Eastern Time. This was the third-largest weekly net outflow on record.

The product with the largest outflow last week was BlackRock’s spot Bitcoin ETF, IBIT, which saw $966 million leave the fund. It was followed by Grayscale Bitcoin Trust, GBTC, which posted weekly net outflows of $175 million.

As of the time of reporting, the total net assets of Bitcoin spot ETFs stood at $94.17 billion. ETF net assets accounted for 6.38% of Bitcoin’s total market capitalization, while cumulative net inflows reached $55.66 billion.

U.S. Bitcoin Spot ETFs Record Net Outflows for 10 Consecutive Trading Days

According to Odaily, U.S. Bitcoin spot ETFs recorded net outflows for 10 consecutive trading days, with cumulative outflows totaling $2.97 billion.

While Bitcoin and other major crypto assets declined over the past week, Ethereum-related funds also continued to see redemptions. In contrast, Hyperliquid’s HYPE token and newly launched U.S. spot ETFs continued to attract capital, showing stronger performance than the broader market.

Ethereum Spot ETFs See $241 Million in Net Outflows from May 25 to 29 (U.S. Eastern Time)

Odaily, citing SoSoValue data, reported that Ethereum spot ETFs recorded $241 million in net outflows from May 25 to 29, U.S. Eastern Time.

The product with the largest weekly outflow was BlackRock’s ETHA, which saw $188 million leave the fund. ETHA’s cumulative net inflows now stand at $11.43 billion.

Grayscale’s ETHE posted net outflows of $29.2457 million, with cumulative net outflows reaching $5.31 billion.

Meanwhile, BlackRock’s ETHB recorded net inflows of $12.4387 million. Total net assets of Ethereum spot ETFs stood at $11.27 billion, representing 4.62% of Ethereum’s total market capitalization.

Sui Mainnet Experiences Three Network Outages

Sui’s official Chinese-language channel, in a postmortem on the mainnet incidents, said the network experienced a total of three outages on May 28 and 29, 2026, Pacific Time.

According to Odaily, the first two outages were attributed to a conflict between the recently deployed version 1.72 address balance feature and the gas charging logic. Sui said it applied a temporary fix to restore the network quickly before developing a long-term solution, but in doing so, a known low-probability failure scenario reoccurred.

The third outage occurred during the scheduled epoch transition on the afternoon of May 29, when validators restarted nodes to deploy the morning patch, exposing a latent defect in random-state persistence.

The disruptions began at around 7:00 on May 28 and were resolved by 13:30. On May 29, they lasted from around 5:00 to 8:30, and again from 13:30 to 19:20, Pacific Time.

Sui stated that user funds remained safe throughout the incidents and that no confirmed transactions were reverted after network recovery. Validators have since fixed both the gas-charging and random-state issues, and network activity has returned to normal.

U.S. Central Command Strikes Facilities on Iran’s Goruk and Qeshm Island

U.S. Central Command said it conducted self-defense strikes over the weekend against radar and drone command-and-control facilities in Iran’s Goruk and on Qeshm Island.

The strikes were carried out in response to Iran’s downing of a U.S. MQ-1 drone that had been operating over international waters. The U.S. military said it also destroyed Iranian air defense facilities, a ground control station, and two one-way attack drones that posed a threat to ships, with no U.S. casualties reported.

Iranian Revolutionary Guard Reportedly Strikes a U.S. Air Base

According to Odaily, Iranian media reported that the Islamic Revolutionary Guard Corps had struck a U.S. air base.

The IRGC reportedly claimed that the base had been used by the United States in an attack on a communications tower on Sirri Island in southern Iran.

South Korea’s Crypto Market Trading Volume Shrinks to 2% of KOSPI Turnover

PANews, citing Daily Economic Newspaper, reported that trading volume in South Korea’s cryptocurrency market has shrunk to the equivalent of about 2% of KOSPI turnover.

On May 29, daily trading value on the KOSPI reached KRW 118.267 trillion. Over the same period, the combined 24-hour trading volume across South Korea’s five major crypto exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—totaled KRW 2.713 trillion, just 2.03% of the KOSPI figure.

In July last year, domestic crypto market turnover temporarily exceeded KOSPI turnover. Since then, KOSPI trading value has risen 680% compared with July 24 last year, while crypto market trading volume has fallen 84%.

Two Newly Created Wallets Withdraw 984 BTC from BitGo

According to Odaily, monitoring by Lookonchain found that two newly created wallets withdrew 984 BTC from BitGo about one hour earlier.

The withdrawal was worth approximately $72 million. Lookonchain viewed the move as whale accumulation of BTC.

Bitwise Buys 112,158 HYPE from FalconX

According to Odaily, Onchain Lens said Bitwise purchased 112,158 HYPE from FalconX.

The purchase was valued at about $8.18 million.

Gate Launches Real Stock Trading Service for U.S. Stocks and ETFs via Crypto Accounts

Source: Odaily

Digital asset platform Gate has launched a real stock trading service that allows users to trade U.S. stocks and ETFs directly from their crypto accounts.

Gate said users can use USDT on the platform to trade stocks and ETFs listed on major markets such as Nasdaq and the New York Stock Exchange. The service is not based on stock tokenization or RWA mapping, but instead connects to the real market through securities firms that hold U.S. broker-dealer licenses and clearing qualifications.

Gate said it currently supports major U.S. exchanges and liquidity networks including the New York Stock Exchange, Nasdaq, NYSE Arca, NYSE American, and BATS, offering more than 10,000 stock and ETF products.

After completing KYC and meeting regional eligibility requirements, users can transfer USDT, view quotes, and trade stocks through the traditional finance stock menu in the Gate app. Gate added that stock assets are managed in separate accounts and that it charges zero holding costs for spot equities.