Bitcoin ETF inflows surge, DeFi faces hack jitters

Bitcoin spot ETFs experienced significant inflows, attracting nearly $1 billion last week, signaling strong institutional interest and bolstering the bullish case for the cryptocurrency. This surge contrasts with jitters in the decentralized finance (DeFi) sector, following a hack on KelpDAO which impacted protocols like Aave. Despite these DeFi concerns, the overall DeFi market dominance remained stable. Market dynamics, including potential short squeezes and geopolitical tensions, are being closely watched, but the sustained ETF inflows suggest underlying structural demand for Bitcoin, even as broader market sentiment shows caution.