US spot Bitcoin ETFs recorded another day of strong inflows, reflecting sustained institutional demand despite macroeconomic uncertainty.
Ripple received full MiCA authorization, strengthening its position in the European crypto payments market and supporting long-term XRP adoption.
BNB trading activity surged as derivatives positioning remained bullish, while Solana Pay expanded into South Korea through a new payments partnership.
The Crypto markets saw major developments as spot Bitcoin ETFs recorded $233 million in net inflows, while Ripple secured a MiCA license in Europe. Addiotnally, Binance Coin’s trading volume surged 65%, and Strategy posted $8.22 billion in losses.
According to SoSoValue, the Bitcoin spot ETF saw a total net inflow of $233.13 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of $183.39 million, and the total historical net inflow of IBIT currently stands at $60.60 billion.
The second highest was Bitwise's ETF BITB, with a daily net inflow of $20.74 million, and the total historical net inflow of BITB currently stands at $2.03 billion. The total net asset value of Bitcoin Spot ETFs is $78.76 billion, with an ETF net asset ratio of 6.06%. The historical cumulative net inflow has reached $51.59 billion.
Ripple secured full MiCA Crypto-Asset Service Provider authorization in Europe this week, a regulatory milestone with direct implications for institutional XRP payments flowing across the EU.
Perpetual futures open interest sits at 2.27 billion XRP, just below this week’s peak of 2.29 billion. The combination of a hawkish Fed, a technically capped chart, and a meaningful regulatory unlock creates a binary setup worth examining closely.
XRP price is trading at $1.07, down 0.57% in the last 24 hours, as the asset continues to wrestle with the $1.10 resistance that has capped three consecutive sessions of attempted recovery.
Also Read: Bitcoin's ETF Rebound Could Be the Catalyst Bulls Needed
Binance Coin has seen a notable increase in trading activity, with 24-hour volume surging by more than 65% as traders return to one of the market's largest exchange tokens.
The rise comes as BNB attempts to build on its recent recovery. According to the latest market data, BNB's spot trading volume climbed above $160 million during the past 24 hours, while futures volume exceeded $800 million.
Open interest also remains elevated at nearly $950 million, suggesting that derivatives traders continue adding exposure rather than closing positions. Exchange data further shows a predominantly bullish positioning, with long-to-short ratios remaining above 1.9 across major platforms.
On Thursday, South Korean payment solutions provider KSNet formalized a memorandum of understanding with the Solana Foundation to link Solana Pay technology to its commercial infrastructure.
The agreement was signed at KSNet’s physical headquarters in the Seocho-gu district of Seoul. With a track record of over 25 years in the South Korean financial sector, the firm serves as a Value-Added Network (VAN) and payment gateway in the local market.
The company processes approximately 130 million transactions per month. Through this alliance, both entities will sequentially develop two proof-of-concept (PoC) projects.
The first phase comprises the technical demonstration of the connection between the blockchain’s digital payment standard and the Asian firm’s physical and online merchant network.
Bitcoin traded near $64,700 following Strategy’s earnings announcement, down from approximately $88,400 at the end of 2025. It recorded an $8.32 billion unrealized loss on digital assets during the quarter, contributing to an operating loss of $8.33 billion. The results reversed the $14.05 billion unrealized gain recorded in the same quarter a year earlier.
The company reported a net loss of $8.22 billion, or $24.45 per diluted common share. Strategy posted net income of $10.02 billion, or $32.60 per share, during the comparable period last year. Its shares were mostly unchanged in after-hours trading following the earnings release, suggesting investors had largely expected Bitcoin’s decline to weigh on the results.
Also Read: Ethereum Price Holds Key Support: Critical ETH Levels to Watch Next
Bitcoin ETF inflows reflect growing institutional participation in the cryptocurrency market. Sustained inflows generally improve market sentiment, provide liquidity, and indicate continued long-term investor confidence in Bitcoin.
Ripple's MiCA Crypto-Asset Service Provider license allows it to expand regulated digital asset services across the European Union. The approval could strengthen institutional adoption of XRP-powered payment solutions throughout Europe.
BNB's 24-hour trading volume jumped more than 65% as traders increased both spot and derivatives activity. Rising open interest and strong long-to-short ratios suggest bullish positioning among market participants.
The partnership with South Korea's KSNet aims to integrate Solana Pay into an established payment network processing millions of monthly transactions. Successful implementation could expand real-world blockchain payment adoption.
Strategy's quarterly loss was primarily driven by unrealized losses on its Bitcoin holdings following the cryptocurrency's decline during the reporting period. The losses reflect accounting adjustments rather than realized asset sales.