● BlackRock Bitcoin Spot ETF achieved net inflows for 70 consecutive days, ranking among the top ten in the continuous net inflow list

BlackRock’s Bitcoin spot ETF continued its strong performance on Monday, recording its 70th consecutive day of net inflows, Wu reported. This puts the financial giant’s ETF among the top 10 ETFs with the longest number of days of daily net inflows.

● Data: Grayscale GBTC net outflow of US$35 million on April 22

According to PANews, HODL15Capital monitoring data showed that on April 22, ARKB had a net inflow of US$23 million, Franklin EZBC had a net inflow of US$8 million, Bitwise BITB had a net inflow of US$2 million, and Grayscale GBTC had a net outflow of US$35 million.

● The US stock crypto sector continues to rise, Riot Blockchain and MicroStrategy share prices rise

The crypto sector continued to rise. Riot Blockchain (RIOT.O)'s stock price rose 23.11%, while MicroStrategy (MSTR.O)'s stock price also rose 12.77%.

● Digital asset investment products saw outflows for the second consecutive week, totaling $206 million

According to Foresight News, according to CoinShares weekly data, digital asset investment products had outflows for the second consecutive week last week, with a total outflow of $206 million, and ETP trading volume fell slightly to $18 billion. Among them, Bitcoin outflows of $192 million, and short Bitcoin funds outflows of $300,000. Ethereum funds outflowed $34 million, and outflows occurred for the sixth consecutive week. Blockchain stocks have outflowed for 11 consecutive weeks, with a total outflow of $9 million.

● The New York Stock Exchange is considering 24-hour trading, and the founder of Uniswap said traditional finance is learning about cryptocurrency

The New York Stock Exchange is studying the merits of 24/7 stock trading, Foresight News reported. Meanwhile, 24 Exchange, a startup backed by Steve Cohen’s Point72 hedge fund, is seeking SEC approval to launch the first 24/7 exchange, the second attempt by 24X, which withdrew a proposal last year due to operational and technical issues.

In response, Uniswap founder Hayden Adams said, "TradFi is learning about cryptocurrency and becoming more like cryptocurrency."

● IMF report: Bitcoin has become a key channel for cross-border capital flows

According to BlockBeats, the International Monetary Fund (IMF) recently released a report stating that Bitcoin is increasingly becoming a key channel for cross-border capital flows amid global financial instability. The report highlights the large transaction volumes in countries such as Argentina and Venezuela, where citizens face hyperinflation and strict financial controls. In these regions, Bitcoin has become a necessary financial tool for preserving wealth and accessing global markets. However, the IMF report also warns that the widespread use of Bitcoin for cross-border flows may pose potential risks. The lack of supervision and the anonymity provided by cryptocurrencies may complicate regulators' efforts to monitor and control financial transactions to prevent illegal activities such as money laundering.

● EMC Labs: Bitcoin's fourth halving may trigger a significant supply deflation effect

According to Odaily Planet Daily, EMC Labs, a crypto asset investment research institution, said that although the absolute number of Bitcoin's fourth halving is not as good as before, its actual share of effective circulation may exceed 30%, which will trigger a significant supply deflation effect in the next four-year cycle.

EMC Labs estimates that the absolute number of BTC in the fourth halving on April 20 was 164,000 per year, and the number of halving four years ago was 328,000 per year. However, because the number of BTC on centralized exchanges that determine the short-term pricing power of BTC has dropped from 3.06 million in the previous cycle to 2.29 million, the annual reduction in production accounts for 7% of short-term liquidity, which is not proportionally reduced compared with 10% in the previous cycle. The total reduction in production over the past four years accounts for 28% of short-term liquidity. Considering that the number of coins held by centralized exchanges will continue to decline, this figure can actually account for more than 30%. The proportion of long-term holders has increased by 14% compared to four years ago. After the combination of these two factors, the supply deflation caused by this halving is obvious.

EMC Labs stated that this halving has reduced BTC’s annual inflation rate to 0.8%, and believes that the pattern of a super bull market within 18 months after the halving will reappear.