Crypto ETFs Cool While TradFi Integration Heats Up (2026-04-29)

Polymarket Launches New Market: “When Will Epstein’s Suicide Note Be Released?”

A new Polymarket prediction market titled “When will Jeffrey Epstein’s suicide note be released?” has launched. The market’s settlement rule is as follows: if any letter or written message authored by Jeffrey Epstein and intended as his suicide note is publicly disclosed before the deadline of 11:59 PM Eastern Time on the same day, the outcome of this prediction market will be settled as “Yes”; otherwise, it will be settled as “No”.

To qualify as a valid suicide note, credible reporting must confirm that the document was handwritten by Jeffrey Epstein and constitutes a suicide note, final statement, or a written declaration of equivalent nature.

Stay tuned to the prediction market—observe changes before pricing.

[Odaily Seer]

Crude oil continues to climb, with WTI crude oil temporarily trading at $108.00 per barrel

According to the latest data from Gate, the gold price has risen to $4,629.57 per ounce, gaining 0.16% on the day. The silver price has climbed to $74.404 per ounce, rising 0.95% intraday.

The BVIX (BTC Volatility Index) is currently quoted at 41.08, down 0.77% on the day. The EVIX (ETH Volatility Index) is quoted at 57.42, down 3.30% intraday.

In foreign exchange, the USD/CNH pair fell 0.02% on the day, trading at 6.82928. The USD/JPY pair rose 0.35% on the day, trading at 157.174.

Regarding global stock indices: the EURO STOXX 50 (EUSTX50) rose 1.61% on the day to 5,883.42 points; the UK FTSE 100 (UK100) gained 0.17% to 10,371.32 points; and the German DAX 40 (GER40) rose 1.89% to 24,286.35 points.

In commodities, WTI crude oil rose 0.55% on the day to $108.44 per barrel. Brent crude oil rose 0.65% on the day to $117.80 per barrel.

Gate enables users to trade traditional financial market products directly on its platform—offering one-stop access to precious metals, forex, global stock CFDs, major indices, and commodities. This facilitates deep integration between crypto assets and traditional financial assets. Gate’s TradFi-related features are fully integrated into both the Gate App and the web platform, allowing users to conveniently trade global asset prices without switching platforms—unlocking additional strategies and opportunities beyond the crypto market, and continuously enhancing the multi-asset allocation experience.

[Odaily]

Ethereum spot ETF had a total net outflow of $23.64 million yesterday, marking the 4th consecutive day of net outflows.

According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $23.64 million yesterday (April 30, U.S. Eastern Time).

The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock’s Staked ETH ETF ETHB, which saw a net inflow of $29.10 million. ETHB’s cumulative net inflow to date stands at $70.82 million.

Next was Grayscale’s Ethereum Mini Trust ETF ETH, with a single-day net inflow of $4.72 million; ETH’s cumulative net inflow to date totals $1.93 billion.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock’s ETF ETHA, which experienced a net outflow of $50.57 million. ETHA’s cumulative net outflow to date totals $143 million.

As of press time, the total net asset value (NAV) of Ethereum spot ETFs stands at $13.25 billion, with the ETF NAV ratio (i.e., ETF market cap as a percentage of Ethereum’s total market cap) reaching 4.85%; cumulative net inflows have reached $11.92 billion.

[Odaily]

X Platform Cashtags feature launched on the web version

X product head Nikita Bier posted on X, announcing that the Cashtags feature is now live on the web platform. X will become a core component of users’ trading terminals, providing real-time charts and posts for every asset.

[Odaily]

SBI in talks with Bitbank over acquisition

According to Coinpost, SBI is in discussions with cryptocurrency exchange Bitbank regarding capital and business cooperation.

The transaction aims to include Bitbank as a consolidated subsidiary of SBI, and the company plans to acquire its shares after completing due diligence and internal procedures.

[Foresight News]

Riot Platforms deposits 500 BTC to NYDIG again, worth approximately $38.24 million.

On May 1st, according to Lookonchain monitoring, Riot Platforms continues to sell BTC, and deposited 500 BTC ($38.24M) to NYDIG again 5 hours ago.

[PANews]

Crude oil contract 24-hour trading volume on Binance has surpassed Hyperliquid

On May 1, according to on-chain analyst AI Auntie(@ai_9684xtpa), Binance’s crude oil futures contract—launched one month ago—has already surpassed Hyperliquid in 24-hour trading volume.

For CL contracts, Binance’s 24-hour trading volume stands at $1.423 billion, compared to Hyperliquid’s $817 million; for BZ contracts, Binance’s 24-hour trading volume is $404 million, versus Hyperliquid’s $294 million.

The blockade of the Strait of Hormuz has entered its third month, and U.S.-Iran tensions remain unclear.

[PANews]

Japan Exchange Group CEO: Plans to immediately prepare for the listing of related ETFs after the legal framework is improved.

Japan Exchange Group CEO Hiromi Yamaji said in an interview with Bloomberg that many asset management companies are very interested in creating cryptocurrency ETFs. Once the legal framework is in place and the tax treatment is clear, they can be launched at any time.

He also added that it could be achieved as early as 2028, depending on the progress of relevant legal reforms.

[Foresight News]

Democratic senators pressured Tether over allegations of bribing the U.S. Secretary of Commerce

Democratic Senators Elizabeth Warren and Ron Wyden are pressuring both sides regarding Tether’s alleged bribery of U.S. Secretary of Commerce Howard Lutnick. It is reported that Tether provided an undisclosed amount of loans to a trust fund with Howard Lutnick’s children as beneficiaries, and Cantor Fitzgerald, where Howard Lutnick previously worked, was also Tether’s reserve asset management institution.

Elizabeth Warren and Ron Wyden also pointed out that the previously passed “Genius Act” benefited Tether, and Tether had lobbied in support of the bill, which may involve a quid pro quo.

[Foresight News]

Decentralized AI computing Layer 1 network Kaisar Network has cumulatively completed $4.00 million in financing.

On May 1, according to official announcements, Kaisar Network—a decentralized AI computing Layer 1 network—has raised $4 million to date, including $1 million in a strategic Pre-Seed round.

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Kaisar Network is incubated by Outlier Ventures and Borderless Capital, with investors including Merov Capital, StoneBlock, WM Capital, Arche Fund, Q42, and Unicorn Ventures.

Kaisar has announced the launch of Token AI, enabling users to access decentralized GPU computing, AI points, and agent services.

[PANews]

Yesterday, Ethereum spot ETFs saw a total net outflow of $23.64 million, marking the 4th consecutive day of net outflows.

According to SoSoValue data, yesterday (April 30th, US Eastern Time), the total net outflow of Ethereum spot ETFs was $23.6426 million.

Yesterday, the Ethereum spot ETF with the largest single-day net inflow was Blackrock’s Staked ETH ETF ETHB, with a single-day net inflow of $29.1038 million. Currently, the total historical net inflow of ETHB has reached $70.8207 million.

The second largest was Grayscale’s Ethereum Mini Trust ETF ETH, with a single-day net inflow of $4.7213 million. Currently, the total historical net inflow of ETH has reached $1.9300 billion.

[PANews]

U.S. SOL Spot ETF Daily Net Outflow: $1.2396 Million

According to SoSoValue data, the SOL spot ETF experienced a total net outflow of $1.2396 million yesterday (April 30, Eastern Time).

Yesterday, only the Grayscale Solana Trust saw net outflows, with a daily net outflow of $1.2396 million; its cumulative historical net inflows currently stand at $103 million.

As of press time, the total net asset value (NAV) of SOL spot ETFs is $849 million, the SOL net asset ratio is 1.77%, and the cumulative historical net inflows have reached $1.018 billion.

[Foresight News]

Hundreds of ETH mainnet wallets suspected to have been attacked by the same address; some had been inactive for over 7 years, possibly linked to LastPass security notes

According to anonymous on-chain investigator Wazz, hundreds of wallets were drained on the Ethereum mainnet by a single address, with several of these wallets having been inactive for over seven years. This incident is suspected to be a new type of real-time vulnerability exploit.

Crypto user Capitulation commented that the most likely vulnerability stems from storing mnemonic phrases in LastPass secure notes back in 2020/21.

[Odaily]

Iranian Ministry of Foreign Affairs: It is unrealistic to expect rapid results from Iran-U.S. negotiations.

Iranian Foreign Ministry Spokesperson Baghaei stated that it is unrealistic to expect Iran and the United States to reach a rapid agreement in negotiations. Baghaei said that in the 47 years since the victory of the Islamic Revolution in Iran, Iran has accumulated deep distrust and suspicion of the United States’ actions.

He emphasized that one should not expect negotiations to reach a result in a short period of time, “After all, this is an extremely bloody war.” He pointed out that the United States and Israel are “extremely brutal,” and the conflicts in the Gaza Strip and Lebanon over the past two and a half years have proven this.

Baghaei said: “In this case, no matter who the mediator is, it is unrealistic to expect an agreement to be reached in a short period of time.”

[Odaily]

Nic Carter: “Quantum canaries” cannot provide sufficient early warning; Bitcoin must immediately begin preparing for quantum resistance migration.

On May 1st, Castle Island Ventures partner Nic Carter posted a long article on the X platform, pointing out that the quantum computing “canary warning” mechanism cannot provide enough buffer time for BTC. Classical computers can now crack elliptic curve discrete logarithm problems (ECDLP) of about 117 to 130 bits, while the results of quantum computing below this threshold are often questioned for “classical cheating” or preset answers, so it cannot form an effective signal.

Nic Carter believes that once quantum computers truly break through this classical limit, it may only be a few months away from directly attacking the 256-bit secp256k1 curve used by Bitcoin, while the quantum signature migration after Bitcoin is completed will take several years.

[PANews]

Bitmine re-staked 162,000 ETH, valued at approximately $366 million.

According to Lookonchain, 8 hours ago, Bitmine, led by Tom Lee, staked another 162,088 ETH, worth $366 million.

Bitmine has now staked a total of 4,194,029 ETH, worth $9.48 billion, representing 82.59% of its total ETH holdings.

[Odaily]

US XRP spot ETF daily net outflow: $5.8284 million

According to SoSoValue data, the XRP spot ETF recorded a total net outflow of $5.8284 million yesterday (April 30, U.S. Eastern Time).

Yesterday, only the Bitwise XRP ETF (XRP) saw net outflows, with a daily net outflow of $5.8284 million; its cumulative historical net inflows currently stand at $422 million.

As of press time, the total net asset value (NAV) of XRP spot ETFs is $1.044 billion, the XRP net asset ratio is 1.23%, and the cumulative historical net inflows have reached $1.291 billion.

[Odaily]

RichSilo Visions:

Today’s Market Pulse

Crypto markets show divergent sentiment as institutional ETFs face sustained outflows while traditional finance integration accelerates, creating a complex dynamic for multi-asset investors.

Key Themes

ETF Capital Flight
Ethereum spot ETFs recorded a fourth consecutive day of net outflows totaling $23.64 million, while SOL and XRP ETFs also saw redemptions. Notably, BlackRock’s ETHB saw inflows while its ETHA experienced outflows, suggesting capital rotation rather than complete withdrawal. This prolonged outflow pattern signals institutional reconsideration of crypto exposure despite long-term optimism.

TradFi-Crypto Convergence
The boundaries between traditional and crypto markets continue to blur, with Binance’s crude oil futures surpassing Hyperliquid in volume just one month after launch. Gate now offers integrated trading across precious metals, forex, and commodities, while the Japan Exchange Group prepares for potential crypto ETF launches as early as 2028. This convergence validates crypto’s growing role in multi-asset portfolios.

Infrastructure Evolution
Market infrastructure continues to evolve rapidly, with X Platform launching Cashtags to become a trading terminal component. Simultaneously, Kaisar Network raised $4 million for decentralized AI computing, while Nic Carter warns that quantum computing threats to Bitcoin require immediate preparation beyond current “canary” mechanisms.

RichSilo Verdict

Smart money should monitor whether ETF outflows represent temporary capitulation or a structural shift in institutional sentiment. Key catalysts include the Iran-U.S. geopolitical tensions affecting crude markets, potential regulatory actions against Tether, and quantum resistance development timelines. The divergence between Bitcoin’s price action and ETH ETF flows suggests a decoupling may be underway, favoring infrastructure plays over pure speculation.

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