Bitcoin ETFs draw $2B in April for highest monthly inflows this year
US spot Bitcoin ETFs posted strong April inflows as Bitcoin rallied, with IBIT leading gains despite late-month outflows across funds. Source: Cointelegraph
Category Crypto
Brazil bars crypto settlement in regulated cross-border payment rails
Brazil’s central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows. Source: Cointelegraph
SBI eyes Bitbank deal as Japan’s crypto exchange market consolidates
SBI Holdings is in discussions to make Bitbank a subsidiary, adding to its push to acquire crypto exchanges amid improving regulatory clarity in Japan. Source: Cointelegraph
Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high
Bitcoin finished April above $76,000 to preserve most of its monthly gains, but the S&P 500 stole the limelight with a trip back to record highs. Source: Cointelegraph