### Cryptocurrency News

- **Memcoins in Asia**: Dog-themed memecoins like SHIB, BONK, and FLOKI saw significant gains in Asian markets on Friday. SHIB and FLOKI were up 15%, while BONK led the way with a 17% gain. This was due to a return of risk appetite among investors.

- **Conflux (CFX) Gains**: CFX surged 18% on news of the People’s Bank of China’s liquidity injection. Traders focused on assets perceived as “Chinese beta” like CFX, especially after the support for stablecoins.

- **Bitcoin and ETFs**: Bitcoin (BTC) rose 3% to trade above $65K. US spot Bitcoin ETFs saw one of their biggest days of inflows, with $365 million, mostly in ARK’s ARKB. Ethereum (ETH) is also up 4% on the week despite some minor outflows.