Spot Bitcoin ETFs recorded a total net inflow of $223 million on April 23, extending their inflow streak to eight days. Spot Ethereum ETFs recorded a net outflow of $75.9 million on the same day, ending a 10-day inflow streak, per Sosovalue data.
The prior session had seen BTC ETFs draw $335.8 million, with ETH ETFs pulling in $96.4 million.
Bitcoin is trading at around $77,650, down 0.3% over the past 24 hours, while Ethereum has underperformed, down about 1.8% in the same period. ETH opened Friday Asia time at $2,375 before slipping to around $2,317 by publication time, with altcoins broadly sitting in the red. Bitcoin dominance currently sits at around 60%, with total crypto market volume over the past 24 hours at approximately $142 billion.
Bitcoin briefly touched $79,388 on Wednesday evening before easing back, supported by US President Donald Trump's decision to extend the Iran ceasefire indefinitely and by Strategy's purchase of 34,164 bitcoins for $2.54 billion — its largest acquisition since 2024 — bringing its total holdings to 815,061 BTC.
The move has lifted a closely watched sentiment gauge out of bearish territory for the first time this cycle, though price now runs into two tightly clustered onchain resistance levels that have repeatedly capped rallies in 2026.
Despite Trump's ceasefire announcement, peace talks with Iran have not meaningfully advanced, with Iran reported to have fired on ships near the Strait of Hormuz while a U.S. naval blockade remains in place. Markets are also watching the outcome of an $8.6 billion BTC/ETH options expiry on April 24 for near-term volatility cues.
