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Crypto News Today: Bitcoin Outflows, XRP Rose 3.5%, and Monero Surges 8.5%

Crypto News Today: Bitcoin ETFs See $19 Million Outflows, XRP Reclaims $1.14, Monero Surges 8.5% Amid Privacy Token Rally

Written By : Bhavesh Maurya
Reviewed By : Achu Krishnan

Overview:

  • Spot Bitcoin ETFs recorded $19.03 million in net outflows, although BlackRock's IBIT attracted $30.26 million in fresh inflows

  • XRP gained more than 3% to reclaim $1.14, supported by Ripple's plans to integrate Bitso's MXNB stablecoin into the XRP Ledger ecosystem

  • Monero surged 8.5% in 24 hours as concerns surrounding a bug discovered in Zcash boosted demand for alternative privacy-focused cryptocurrencies

The crypto markets saw major developments as Bitcoin ETFs notched $19.03 million in net outflows, while Ethereum’s EIP-8182 plans to introduce ETH Native transfers. Meanwhile, XRP pushed up more than 3% to reclaim $1.14, while Monero jumped 8.5% as privacy-driven tokens drew renewed investor interest.

Bitcoin Witnesses $19 million in Outflows

According to SoSoValue, the Bitcoin spot ETFs saw a total net outflow of $19.03 million yesterday. The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of $30.26 million, and the total historical net inflow of IBIT currently stands at $62.06 billion. 

The second highest was Grayscale Bitcoin Mini Trust ETF BTC, with a daily net inflow of $5.62 million. 

The Bitcoin spot ETF with the highest net outflow yesterday was Ark Invest and 21Shares’ ETF ARKB, with a daily net outflow of $27.21 million, and the total historical net inflow of ARKB currently stands at $1.24 billion.  The total net asset value of Bitcoin spot ETFs is $79.50 billion, with an ETF net asset ratio of 6.26%. The historical cumulative net inflow has reached $53.54 billion.

EIP-8182 Proposes to Introduce Ethereum Native Privacy Transfers

Ethereum developers are evaluating the EIP-8182 proposal, which plans to introduce native privacy transfers for ETH and ERC-20 tokens through the Hegota hard fork. The proposal was created by Facet co-founder Tom Lehman on March 3, 2026, and falls under Draft Standards Track Core EIP, not yet finalized or scheduled for inclusion in an upgrade. 

Hegota is the next upgrade after Glamsterdam and is expected to focus on infrastructure and protocol layer improvements. The core of EIP-8182 is to create a standardized shielded pool system contract at the protocol layer, where users can deposit ETH or ERC-20 tokens and spend them using zero-knowledge proofs.

Also Read: Bitcoin Price Trades at $63,400 as SpaceX IPO Pulls Investor Money from Crypto Market

XRP Jumps 3%

XRP bounced back from a selloff and jumped over 3%, reclaiming $1.14 on its strongest volume in weeks. Buyers pushed the token above resistance near $1.12. The next test sits higher up, as every major recovery this year has stalled before reaching the $1.20-$1.25 area.

The jump came as Ripple said Bitso's MXN-backed stablecoin MXNB will launch on the XRP Ledger and integrate with its payments on decentralized exchange infrastructure, expanding regulated cross-border settlement between the US and Mexico.

Failure near resistance would reinforce the broader downtrend and put focus back on the $1.09 support zone.

Monero Surges 8.5%

Monero (XMR) has risen by 8.5% in the last 24 hours and more than 10% in the last week. XMR’s rally comes despite broader bearish markets. XMR price surge comes just after privacy-focused cryptocurrency Zcash (ZEC) faced backlash for a bug. 

An analyst used Anthropic’s Claude Opus 4.8 to detect a four-year-old bug that could have allowed an unlimited minting of ZEC.  The discovery led to a big price dip for the asset. The token’s latest price surge could be a result of ZEC investors moving their funds to XMR. 

Metaplanet to Acquire Siiibo Securities

Japanese bitcoin treasury firm Metaplanet is acquiring Siiibo Securities for 2.1 billion yen ($13 million) as it seeks to develop and distribute bitcoin-linked yield products directly to investors in the country. 

Metaplanet CEO Simon Gerovich said Friday on X that the company has agreed to fully acquire Siiibo Securities, a licensed Type I securities firm and a major player in Japan's online corporate bond market. 

The deal is expected to close in July this year, and Metaplanet plans to rebrand Siiibo Securities as Metaplanet Securities. The acquisition forms part of Metaplanet's 'Project Nova,' a long-term strategy to build a bitcoin-centric financial ecosystem in Japan. 

Also Read: Ethereum Risks Drop to $1K as Critical Support Fails: Will Derivatives Traders Provide a Bounce?

FAQs:

1. Why did Bitcoin ETFs record outflows despite IBIT inflows?

While BlackRock's IBIT attracted fresh capital, larger withdrawals from funds such as ARKB outweighed the gains. This resulted in a net outflow of $19.03 million across spot Bitcoin ETFs.

2. What is Ethereum's EIP-8182 proposal?

EIP-8182 is a draft proposal that seeks to introduce native privacy transfers for ETH and ERC-20 tokens using zero-knowledge proofs through a standardized shielded pool system.

3. Why did XRP price move higher?

XRP rebounded above $1.14 after Ripple announced that Bitso's MXN-backed stablecoin, MXNB, would launch on the XRP Ledger to facilitate regulated cross-border payments.

4. What triggered Monero's 8.5% rally?

Monero's gains came after a bug discovery in Zcash raised concerns among privacy coin investors, potentially leading some market participants to shift capital toward XMR.

5. Why is Metaplanet acquiring Siiibo Securities?

Metaplanet plans to use the acquisition to expand its bitcoin-linked financial products under its 'Project Nova' initiative, aiming to build a broader Bitcoin-focused ecosystem in Japan

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