🇺🇸🕵️ The Week On-Chain 12, 2026
Awaiting Liquidity

#BTC has stabilized around $70k, with ETF flows improving and sell-side pressure easing. However, muted spot volume and overhead supply suggest stronger demand is still needed to turn this into a recovery.

Executive Summary
- Unrealized losses have increased but remain within historical norms, indicating stress without full capitulation.
- US Spot ETF flows have turned modestly positive after sustained outflows, signaling early signs of institutional re-engagement.
- Spot volumes remain subdued, with limited expansion on the recovery, suggesting weak conviction and selective dip-buying. #etf

🕵️ Franklin Templeton launches tokenized ETFs that trade 24/7 in crypto wallets.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -1,565 $BTC (-$111.64M)
7D NetFlow: -2,966 $BTC (-$211.6M)

Ethereum ETFs:
1D NetFlow: -14,551 $ETH (-$31.69M)
7D NetFlow: -125,873 $ETH (-$274.15M)

Solana ETFs:
1D NetFlow: +35,392 $SOL (+$3.26M)
7D NetFlow: +40,901 $SOL (+$3.76M)

🗣 Peter Schiff says, "We are headed for a full-blown financial crisis."

🤝 #ONDO Ondo Finance announced a partnership with Franklin Templeton to provide tokenized versions of traditional investment products to blockchain users.

#FUN

an ascending triangle at the bottom

📊 Trader "NothingEverFrickingHappens," suspected of insider trading and who previously made $66.4K betting on a US strike on Iran, is back.

He spent $43.6K betting on "US x Iran ceasefire by March 31 or April 15."

🗽 CFTC Chair Mike Selig says "crypto clarity is coming." #regulation

🆕 #BTC Morgan Stanley's spot Bitcoin ETF got an official listing announcement, and launch could be "imminent" — Bloomberg #etf

🕵️ James Wynn is back again — opening a 40x short on 0.62 $BTC ($44K).

Liquidation price: $71,675.1

Historically, he has been liquidated 194 times.

🇺🇸👀 First Lady Melania Trump appears at the White House with a humanoid AI robot.

🔮 69% chance Elon Musk's SpaceX IPO's next quarter.

🕵️ Bitcoin treasury demand is now entirely driven by Strategy.

45K BTC was bought in 30 days compared to ~1K from others (−99%), indicating a collapse in participation.

With ~76% of holdings, the industry is highly concentrated, and there is currently no broad corporate demand.

🏦 Iran war is threatening US dollar dominance, pushing countries to use Chinese yuan in oil trade, Deutsche Bank says.

🗽 #COIN Trump announced the appointment of 13 representatives from the crypto industry, artificial intelligence, and technology sectors to his "Advisory Council on Science and Technology," recreated by the president's decree in January 2025. The members include Coinbase co-founder Fred Ehrsam, Mark Zuckerberg, CEO of Nvidia, and others. #ai

🇨🇳🇺🇸 #tradewars The White House announces that Trump will meet with Xi in China on May 14-15.

🇺🇸👀 US Postal Service to impose 8% surcharge on packages to cover rising fuel costs.

📊 Bitcoin treasury company Strive $ASST has launched options trading for its perpetual preferred stock $SATA, which is now listed and trading.

🇺🇸🗣 US Senator Cynthia Lummis says lawmakers "are working around the clock" to advance Bitcoin and crypto market structure legislation.

"America’s financial future is at stake now— we can’t wait until 2030 for another chance."

💵 250,000,000 #USDC (249,993,375 USD) minted at USDC Treasury