Last week, cryptocurrency exchange-traded products (ETPs) saw a modest increase in inflows, marking a reversal from a period of outflows. According to CoinShares, global crypto ETPs received $226 million in inflows during the last trading week, following the previous week's $644 million. Despite this positive trend over the past two weeks, the total assets under management (AUM) continued to decrease, falling below $134 million by March 28. The increase in inflows last week indicates cautious optimism among investors, with Bitcoin leading the way in attracting investments. Altcoins also saw their first week of inflows after a series of outflows, with Ether, Solana, XRP, and Sui receiving notable amounts. Despite recent inflows, the total AUM of crypto ETPs has not seen a significant increase, dropping to its lowest level in 2025 due to a decline in cryptocurrency prices. Since January 1, 2025, the price of Bitcoin has decreased by 13.6%, while the total market capitalization has fallen by nearly 20%.

British digital asset exchange Archax has acquired Globacap Private Markets (regulated by the SEC and FINRA), renamed as Archax Markets US, and entered the US market, offering tokenized stocks and bonds and other RWA transactions.

A new venture backed by several members of US President Donald Trump's family is aiming to become the world's largest Bitcoin mining firm. Hut 8, a digital asset mining company, announced on March 31 that it is acquiring a majority stake in American Bitcoin, previously known as American Data Center. The firm, founded by investors including Trump's sons, Donald Trump Jr. and Eric Trump, will take ownership of Hut 8's Bitcoin mining hardware. The goal of the new venture is to become the most efficient pure-play Bitcoin miner globally while building a strong strategic Bitcoin reserve, operating under the American Bitcoin brand. Hut 8 CEO Asher Genoot sees the launch of American Bitcoin as a strategic shift that will lead to more predictable and lower-cost-of-capital segments, focusing on exahash growth and Bitcoin production.

In a significant development, Hut 8 has decided to exchange most of its ASIC miners for an 80% stake in American Data Centers, Inc., now rebranded as American Bitcoin. The company, backed by Eric Trump and Donald Trump Jr., aims to become the world's largest and most efficient Bitcoin miner. Eric Trump, serving as Chief Strategy Officer, views the partnership as a crucial step forward in the Bitcoin mining sector, combining operational expertise with a shared vision for the future of Bitcoin. Donald Trump Jr. highlighted the enduring value of mining Bitcoin, stating that mining presents a significant opportunity beyond simply buying the cryptocurrency. Hut 8's CEO, Asher Genoot, explained that by creating a separate entity for mining operations, each segment can operate with its own financial structure to drive growth and enhance capital allocation efficiency. The leadership team at American Bitcoin includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer, with the Board of Directors featuring key figures from both Hut 8 and American Bitcoin. Hut 8 will continue to provide exclusive ASIC colocation and management services for American Bitcoin under a shared services agreement, ensuring stable and sustainable revenue for both entities. This change will see Hut 8's mining operations operating under the American Bitcoin brand within Hut 8's Compute segment, maintaining its role as the exclusive infrastructure and operations partner for American Bitcoin.

On March 31st, SpaceX's Crew Dragon spacecraft will begin its sixth manned space mission (Fram-2) on April 1st. This flight will be the first human polar orbit manned mission. The mission is expected to last 3 to 5 days. It is scheduled to launch at 11:20 on April 1, 2025 Beijing time from Launch Pad 39A at the Kennedy Space Center in Florida, USA.

HUT 8(HUT) pre-market stock rose by 5.38%. Earlier, Hut 8 Mining and the son of Trump announced the establishment of a US Bitcoin company.

The U.K. government has tightened regulations on cryptocurrencies due to their increasing use in money laundering and terrorism financing. The largest frozen crypto wallet, holding $1.94 million (£1.5 million) in tokens, was on Coinbase and was frozen by the Newcastle Upon Tyne Magistrates’ Court on March 18 at the request of HMRC. The owner of the wallet remains unknown, but the case is suspected to be related to tax evasion. Law enforcement in the U.K. now has enhanced powers to freeze, seize, and destroy crypto assets linked to criminal activities, with the ability to freeze wallets for up to three years and seize funds if they are believed to be from illicit sources or intended for criminal use. The U.S. Department of Justice recently seized around $201,400 in cryptocurrency allegedly used to fund Hamas activities, highlighting the ongoing efforts to combat crypto-related crime.

Today, we are highlighting some of the major losers in the cryptocurrency market, focusing on the top 100 coins. The data is based on the 24-hour price changes, trading volume movements, and overall market impact, sourced from CoinMarketCap. Movement (MOVE) has experienced a significant 11.04% price decline and a 5.87% drop in trading volume, indicating potential weakening investor confidence. Berachain (BERA) saw a sharp 10.56% price decrease and a 2.65% volume drop, reflecting a decline in interest. Pi Network (PI) faced a notable 10.51% price drop and a significant 27.60% decrease in trading volume, signaling concerns among investors. Jupiter (JUP) witnessed a 9.01% price decline and a substantial 21.05% drop in trading volume, pointing to bearish sentiment in the market. Story (IP) dropped by 9.13% in price and 14.13% in trading volume, indicating weak market sentiment. Hedera (HBAR) experienced an 8.52% price decrease and a 17.93% drop in trading volume, highlighting a lack of investor interest. JasmyCoin (JASMY) fell by 8.12% in price and 18.24% in trading volume, showing investor hesitation. Aave (AAVE) saw an 8.32% price drop and a striking 21.21% decrease in volume, signaling a loss of interest in the asset. Pyth Network (PYTH) witnessed a 7.75% price decline and a 17.75% drop in trading volume, suggesting a pullback from market participants. Render (RNDR) experienced a 7.46% price drop and a 14.11% decrease in volume, indicating weak trading conditions for the crypto coin.

According to official sources, the NFT market X2Y2, which has been operating for nearly three years and has achieved a trading volume of 56 billion US dollars, has officially announced that it will close its platform services on April 30, 2025. The platform contract will remain active, but the market itself will cease operations. In the future, X2Y2 will transition to the AI and crypto cross-border field, developing a decentralized, innovative revenue platform aimed at creating a sustainable value cycle.

analyst James Van Straten stated that the ETH/BTC ratio has dropped to 0.02193, reaching the lowest level in nearly five years. This indicates that Ethereum has fallen by 39% compared to Bitcoin this year, marking the first time Ethereum has underperformed Bitcoin in the following 12 months after a Bitcoin halving event.