Thursday Top Crypto News In one short thread…

Yesterday, U.S. spot Bitcoin ETFs recorded a total net outflow of $101 million, while BlackRock’s IBIT saw a net inflow of $73.63 million. Spot Ethereum ETFs had a total net outflow of $18.77 million, with BlackRock’s ETHA being the only fund to post inflows, totaling $111 million for the day.

Nate Geraci, president of The ETF Store, noted that traditional asset manager T. Rowe Price, founded in 1937, has filed for an actively managed cryptocurrency ETF. The firm, which oversees roughly $1.8 trillion in assets, only entered the ETF space in 2020, making this filing a significant milestone marking its direct entry into the crypto market.

Hyperliquid Labs is hiring 2 backend and 1 frontend engineer for its Singapore-based 11-member team, focused on high-performance financial systems. Candidates should have Rust (backend) skills, system design experience, and a strong record in complex system development or competitions like IOI. On-site in Singapore, with relocation support.

A U.S. class-action lawsuit has accused Meteora founder Benjamin Chow of leading the “MELANIA” and “LIBRA” meme coin scams, saying Melania Trump and Argentine President Javier Milei were used as promotional fronts rather than participants….

Chow allegedly coordinated at least 15 pump-and-dump tokens with Kelsier Ventures and the Davis family. A judge has unfrozen $57.6 million USDC tied to the case.

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Crypto majors trade at the following levels BTC 109,950 (up 1.5% in 24 hours) ETH 3,880 (up 0.3%) XRP 2.412 (up 0.1%) SOL 186.40 (up 0.8%) Have a great day!