Bitcoin returned to the spotlight over the Easter weekend, as on-chain data showed a mass exodus of $10 billion in Bitcoin from exchanges in 2024. Spot Bitcoin ETFs have played their part, with the nine new Bitcoin ETFs — excluding Grayscale’s Bitcoin Trust — now holding over 500,000 BTC. And BitMEX founder Arthur Hayes believes that memecoins could have a positive impact on the cryptocurrency space.

Further reading:

• Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024
• New Bitcoin ETFs now hold 500,000 BTC, while GBTC outflows slow
• Grayscale introduces crypto investment fund that prioritizes staking rewards
• Vitalik Buterin wants rollups to hit stage 1 decentralization by year-end
• SEC’s spot Ether ETF concerns unfounded, Consensys asserts
• Don’t be too quick to ‘poo poo’ memecoins: Arthur Hayes

So, grab yourself a coffee, and let’s get into it!

This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

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