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spot ETFs had a total net inflow of $117 million on December 26, with Fidelity ETF FETH having a net inflow of $82.962 million and BlackRock ETF ETHA having a net inflow of $28.1754 million. https://sosovalue.com/assets/etf/us-eth-spot
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Federal Judge Federico Moreno of the Florida District Court this week finally approved NBA star Shaquille O'Neal's settlement agreement with NFT buyers in a class action lawsuit for $11 million. In the issued order, the judge stated that the plaintiffs had reviewed and approved the fees requested by the lead class counsel as fair and reasonable.
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Vitalik said on Warpcast that the growth of the application layer requires good social philosophy support and developers who believe in decentralization. Good applications include Railgun, Farcaster, Polymarket and Signal, while bad applications include Pumpfun, Terra/Luna and FTX. The key lies in the different beliefs of developers in their goals.
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Senator Tim Scott, Chairman of the Senate Banking Committee, expects the cryptocurrency market structure bill to become law by August 2025. He also noted that the committee advanced the comprehensive stablecoin regulation bill, GENIUS Act, in March 2025, highlighting crypto policy as a priority. Scott emphasized that innovation should precede regulation to maintain the U.S.'s digital asset leadership in the global economy.
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Swedish lawmaker Rickard Nordin has proposed that the government consider adding Bitcoin to its foreign currency reserves. He argued that Bitcoin, with its gold-like currency properties, is widely used globally and can effectively combat inflation. Nordin suggested that Sweden could accumulate strategic reserves by holding Bitcoin seized by customs or police, rather than liquidating it, avoiding additional tax burdens. The proposal requires a formal response from Finance Minister Svantesson by April 16.
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On April 11, the U.S. Customs and Border Protection (CBP) released an updated tariff guideline. According to a memorandum signed by President Trump, the U.S. exempts 20 product categories under the Harmonized Tariff Schedule of the United States (HTSUS) from "reciprocal tariffs," including products originating from China such as integrated circuits (HS 8542), smartphones (HS 8517.13.00), flat panel display modules (HS 8524), computers and components (HS 8471, 8473.30), and semiconductor manufacturing equipment (HS 8486).
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