Overview

• U.S. spot Bitcoin ETFs drew $552.8 million in net inflows on Thursday, while spot Ether funds added $113.1 million, extending a multi‑day resurgence in creations.
• Corporate and whale buying tightened float, with Metaplanet planning roughly $1.3 billion in direct Bitcoin purchases and BitMine boosting its treasury to over 2.1 million ETH as large wallets accumulated hundreds of millions in Ether.
• Ethereum’s backdrop strengthened as daily smart‑contract calls hit a record near 12 million, staking climbed to about 36.2 million ETH, and fund holdings reached roughly 6.7 million ETH.
• Derivatives risk stayed elevated with roughly $330 million in 24‑hour liquidations and rising open interest across major coins, leaving markets prone to sharp swings.
• Dogecoin’s price jumped to a six‑week high on ETF buzz, though a Bloomberg analyst said the REX‑Osprey DOGE product’s launch was delayed until next week.