Bitcoin +9%, Ethereum +14% as crypto ETFs draw $763M — SkimNews
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- Bitcoin trades at $73,900 and is up 9% week‑over‑week, outpacing gold and flat stock futures.
- Ethereum trades at $2,280 and is up 13.9% week‑over‑week, leading the crypto rally.
- Spot Bitcoin ETFs recorded $763.4 million net inflows over five trading days (Mar 9‑13), the first five‑day inflow streak of 2026.
- Ethereum Foundation sold 5,000 ETH to Tom Lee’s BitMine for $10.2 million at an average price of $2,042.96 per ETH, with proceeds earmarked for core operations and grants.
- Stanley Druckenmiller said stablecoins could become the backbone of global payments in 10‑15 years, while calling broader crypto a “solution looking for a problem.”
- LIBRA token is linked to an alleged $5 million payment structure tied to Argentine President Javier Milei’s promotion, based on a document recovered from lobbyist Mauricio Novelli’s iPhone.
- Brent price fell after a weekend surge that saw it rise to $105 a barrel, while crypto remained green and gold stayed flat.
Why it matters: The $763 million inflow into Bitcoin ETFs—first five‑day streak of 2026—feeds fresh capital to fund managers and crypto investors, while the rally draws money away from lagging gold and oil markets, highlighting a shift toward digital assets amid geopolitical uncertainty for both retail and institutional participants.
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