Bitcoin’s April Rally Driven By Institutions, While Retail Flees ETFs: Coinbase Exec

Bitcoin’s (BTC) breakout to $93,000 is being driven by deep-pocketed institutions, not retail exchange traded-fund (ETF) buyers, said Coinbase Institutional’s John D’Agostino on CNBC.

Canary Capital Registers Staked SEI ETF in Delaware Amid Growing Institutional Interest

Investment manager Canary Capital has registered a statutory trust for a staked Sei (SEI) exchange-traded fund (ETF) in Delaware. This marks the initial step toward launching the product.

Institutional BTC Players Rally Behind Atkins as Strategy Challenger Emerges

Michael Saylor and top crypto executives have expressed support for new SEC Chair Paul Atkins, while Strike founder Jack Mallers has launched Twenty One Capital.

Bitcoin ETFs Record $1B Inflow, Signaling Renewed Institutional Interest

U.S. Bitcoin exchange-traded funds (ETFs) saw a massive resurgence in investor demand, recording their largest single-day inflow in five months. According to Glassnode, 11,898 BTCworth approximately $1 billionflowed into U.S. Bitcoin ETFs on April 22, 2025.

Coinbase to Benefit From Increased Institutional Crypto Adoption: Benchmark

Coinbase (COIN) has established the industry’s most scaled crypto trading platform with a domestic market share of around 66%, broker Benchmark said in a report Wednesday, while also initiating coverage of the stock.