MARKETS: U.S.-listed spot $BTC ETFs attracted $471 million of net inflows on April 6, marking their strongest daily intake since Feb. 25 and ranking as the sixth-largest single-day inflow so far in 2026.

Institutional demand for $BTC is strengthening even as retail sentiment stays bearish. US spot Bitcoin ETFs attracted $471 million in net inflows yesterday, the largest one-day intake in more than a month. BlackRock's IBIT and Fidelity's FBTC contributed about $329 million of the total.

Huoxing Finance reported that Hyperinsight monitoring flagged a whale wallet beginning with 0x610. After closing a long position with a stop-loss, the wallet opened an ETH short over the past 10 minutes using 25x leverage at an average entry of $2,100, for 3,000 ETH (about $6.3 million). Shortly after, it also initiated a BTC short with 17x leverage at an average entry of $68,550, totaling 140 BTC (about $9.6 million).

MARA has transferred another 250 BTC, valued at about $17.37 million, keeping the bitcoin miner's treasury activity in the market's view. The move follows a much larger reduction in holdings earlier in March, when the company sold 15,133 BTC worth roughly $1.1 billion between March 4 and March 25. That selling spree had already drawn attention from traders and investors monitoring miner flows. While 250 BTC is small relative to the March liquidation, miner wallet activity is closely tracked because large mining firms can sway short-term sentiment. Market participants typically assess whether transfers reflect internal treasury management, operating cash needs such as equipment and energy costs, or preparation for additional sales. Cointelegraph reported the transfer on April 7, 2026. For now, the transaction alone doesn't clarify MARA's next steps, but it reinforces ongoing scrutiny of miner behavior as a key signal for crypto markets.

Strategy (@MicroStrategy), the Michael Saylor (@saylor)-led software company turned Bitcoin treasury firm, reported an unrealized loss of about $14.5 billion in Q1 2025, The Wall Street Journal reported. The hit reflects a 23% drop in Bitcoin ($BTC) over the quarter, marking its steepest first-quarter decline in seven years. Strategy's aggressive, highly publicized Bitcoin accumulation has long faced scrutiny from Wall Street analysts and institutional investors. The company also recorded a deferred tax benefit of roughly $2.4 billion during the period, partially offsetting the impact on paper.

Marathon Digital Holdings ($MARA), one of the world's largest Bitcoin miners, has transferred another 250 $BTC worth about $17.37M, according to Arkham data. The move follows the company's sale of 15,133 BTC valued at more than $1.1B between March 4 and March 25.

U.S. spot Bitcoin exchange-traded funds logged about $471 million in net inflows on April 6, the strongest daily haul in more than a month and the sixth-largest single-day inflow of 2026. Bitcoin traded around $68,780 that day. Firm ETF demand helped counter softer spot activity from large holders, keeping prices steady below $70,000. Research suggests Bitcoin's market dynamics are shifting, moving from reacting to global monetary policy to increasingly shaping expectations. ETF-led institutional inflows appear to be positioning ahead of anticipated central bank policy changes.

Spot Bitcoin exchange-traded funds recorded their largest single-day net inflow in six weeks, totaling $471 million.

Strategy booked an unrealized loss of roughly $14.5 billion in the first quarter, The Wall Street Journal reported, driven largely by a steep drop in the value of its Bitcoin holdings. Bitcoin fell 23% over the quarter, marking its worst start to a year since 2018. Over the same period, the company also recognized a deferred tax benefit of about $2.4 billion.