Spot Bitcoin ETFs rebounded with a net inflow of 117 million dollars after four consecutive days of outflows, while Spot Ethereum ETFs ended a three day outflow streak with approximately 5 million dollars in net inflows.
The US Senate released a new bill outlining the regulatory framework for the crypto market. The proposal limits interest like yields on stablecoins while allowing certain reward mechanisms on a restricted basis.
On the institutional side, Strategy announced the purchase of 13,627 BTC, while Bitmine reported buying 24,266 ETH.
Bitcoin is trading at 91,853 dollars, while Ethereum is trading at 3,123 dollars.
Upcoming developments today:
Qtum (QTUM): A hard fork upgrade will be implemented.
Macro Data: US annual inflation (CPI) data will be released.
