Nearly $1 billion in bitcoin (BTC) ETF inflows power bull case as Kelp hack fuels DeFi jitters: Crypto Daily
CoinDesk
Strong institutional bitcoin ETF inflows of nearly $1 billion bolster bullish sentiment despite market volatility caused by geopolitical tensions and a major DeFi hack.Summary
Bitcoin is showing bullish potential, supported by $996 million in U.S.-listed spot ETF inflows last week. While institutional demand remains high, overall market sentiment is tempered by geopolitical tensions involving Iran and a recent security breach at KelpDAO. The exploit has negatively impacted DeFi protocols like Aave, sparking concerns over asset security and protocol stability.
(Source：CoinDesk)