Nonco Market Color 4/10

Price action
*Not much change today for $BTC, dropped slightly into 67500, coming back now, still ranging. Same situation seen on $ETH, took short term consolidation lows and came back up. Other alts had the same reaction but dropped lower.

ETF flow
*Top Bitcoin ETFs by volume today: $IBIT, $GBTC, $FBTC. 902m, 309m, and 308m respectively.
*Yesterday, Bitcoin spot ETFs saw $18.3m net outflows, less than Monday's $224.8m net outflows
*$ETH ETF will "probably be rejected" - VanEck CEO

News
*Former #FTX exec Ryan Salame's sentencing set for May 28
*Bitcoin miner manufacturer Auradine raises $80 million Series B ahead of halving
*Grayscale CEO says $BTC ETF outflows are reaching equilibrium
*Hong Kong likely to approve Spot $BTC ETFs next week