Overview:

• Bitcoin spot ETFs recorded net inflows of $46.33 million. Total Bitcoin ETF assets reached $108.76 billion

• Zcash surged 150% after rolling out a major security upgrade, while the TRON blockchain crossed 380 million accounts 

• Aave challenged a $73 million ETH freeze in court, while experts warned that quantum computing advancements could threaten crypto systems

The crypto market witnessed notable developments such as Bitcoin ETF Inflows, Zcash surging 150% after an important security upgrade, and the TRON network reaching 380 million user accounts. The digital asset market saw new volatility and regulatory attention amid concerns around quantum computing threats and crypto-related thefts.

Bitcoin Saw $46 Million in Inflows 

According to SoSoValue, Bitcoin spot ETF saw a total net inflow of $46.33 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of $134.61 million. 

The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of $38.95 million.

The total net asset value of Bitcoin Spot ETFs is $108.76 billion, with an ETF net asset ratio of 6.67%. The historical cumulative net inflow has reached $59.76 billion.

Aave Challenges $73M ETH Freeze

Crypto lending platform Aave has filed an emergency motion in a US federal court to lift a freeze on roughly $73 million in ether linked to the April Kelp DAO exploit, arguing that the funds belong to victims and not to claimants seeking restitution.

The dispute centers on a May 1 court order restricting the movement of 30,766 ETH recovered after the exploit. Plaintiffs in older terrorism-related cases have sought to claim the assets, citing suspected links to North Korea’s Lazarus Group. 

Aave argues the claims rely on unverified allegations and do not establish ownership rights over the recovered funds. The firm maintains that even if the attack were linked to sanctioned actors, stolen assets cannot legally transfer ownership to perpetrators.

Also Read: Bitcoin Rally Continues After Short Squeeze: $90K in Sight?

California Man Jailed for 6.5 years Over Crypto Theft 

A California man has been sentenced to 6.5 years in prison for his role in a crypto theft ring that defrauded victims of over $250 million. 

Marlon Ferro, known online as ‘GothFerrari’, from Santa Ana was sentenced to 78 months in prison alongside three years of supervised release and $2.5 million in restitution. 

Ferro pleaded guilty in October 2025 to participating in a Racketeer Influenced and Corrupt Organizations (RICO) conspiracy.

 “Marlon Ferro served as the criminal enterprise’s instrument of last resort,” US Attorney Jeanine Ferris Pirro wrote, adding that when co-conspirators couldn’t talk victims into surrendering their crypto or hack into their accounts remotely, they sent Ferro to break in physically and steal the hardware wallets.

Zcash Surges 150% 

Zcash attracted fresh market attention after the token surged 150% since the start of April, amid a new software release that addresses critical security issues in the network’s core implementation. 

The latest Zcash upgrade, version 6.12.2, focuses on security fixes that could have caused zcashd nodes to diverge from consensus with Zebra, which is the newer upgrade. 

The release came after white-hat researchers privately reported several vulnerabilities. 

BitMEX founder Arthur Hayes added more attention after saying ZEC could target 10% of the Bitcoin price. Based on Bitcoin’s recent level, that would place ZEC near $8,193.

TRON Network Reaches 380 Million Accounts

According to TRONSCAN, the total number of accounts on the TRON network has surpassed 380 million, reaching 380,102,569 accounts. This represents the total number of activated account addresses on the TRON network. 

Currently, TRON's total transaction count exceeds 13.8 billion, with a total value locked (TVL) surpassing $28.5 billion. 

The total issuance of TRC20-USDT has exceeded 88.3 billion tokens, with an additional 2 billion tokens issued in the past week. 

In April, TRON's protocol revenue reached $225 million, highlighting the network's robust ecosystem and ongoing prosperity.

Also Read: Is XRP a High-Risk Bet or an Undervalued Opportunity?

Quantum Computing Could Hit Crypto “All at Once”

A recent report from the security startup Project Eleven has warned of “Q-Day”, the moment when quantum computing breaks current encryption. 

Researchers project that at least 6.9 million BTC, which translates to $590 million, could be exposed to this. 

While current networks use 256-bit encryption, advances in hardware and algorithms suggest the window to migrate to post-quantum standards is closing. 

Companies like Google are already planning their transition, increasing the pressure on blockchain developers to implement resistance solutions. 

FAQs:

1. Why did Bitcoin ETFs record fresh inflows?

Bitcoin ETFs attracted new inflows due to continued institutional interest and improving market sentiment. BlackRock’s IBIT alone saw inflows of over $134 million, helping push cumulative ETF inflows close to $60 billion.

2. Why did Zcash surge 150% recently?

Zcash rallied after the release of version 6.12.2, a software upgrade focused on fixing critical security vulnerabilities in the network. Market sentiment was also boosted after Arthur Hayes suggested ZEC could eventually reach 10% of Bitcoin’s value.

3. What is happening with Aave’s $73 million ETH dispute?

Aave filed an emergency motion in a US court seeking to lift a freeze on 30,766 ETH linked to the Kelp DAO exploit. The company argues the recovered funds belong to victims and not to external claimants.

4. Why is TRON’s 380 million account milestone important?

The milestone highlights growing adoption of the TRON ecosystem. The network now processes over 13.8 billion transactions and holds more than $28.5 billion in total value locked (TVL), reflecting strong blockchain activity.

5. What is the “Q-Day” quantum computing threat in crypto?

“Q-Day” refers to the point where quantum computers become powerful enough to break current encryption systems. Researchers warn that millions of Bitcoin could eventually become vulnerable unless blockchain networks migrate to post-quantum security standards.