Bitcoin ETF Attracts $1.1 Billion Weekly Inflows, XRP Falls Out of Favor, Shiba Inu Gains Whale Interest

BroadChain has learned that at 23:00 on April 20, according to U.Today, over the past week, U.S. spot Bitcoin ETFs recorded approximately $1.1 billion in net inflows, boosting Bitcoin's dominance. Meanwhile, Ripple (XRP)-related investment products experienced capital outflows, indicating that market funds are shifting from some altcoins toward Bitcoin. On the other hand, despite the market frenzy sparked by new meme coins like Asteroid Shiba, whale addresses on Binance have chosen to significantly increase their holdings of Shiba Inu (SHIB), viewing it as a safer asset. Additionally, influenced by rumors about X platform's payment features, Dogecoin (DOGE) prices turned upward on the eve of "Dogecoin Day," reflecting the market's reaction to potential positive news.