Capital Flow

In brief Moody's assigned a provisional Ba2 rating to up to $100 million in Bitcoin-backed revenue bonds issued through New Hampshire's Business Finance Authority. The bonds are backed solely by Bitcoin held in custody at BitGo, with no New Hampshire public funds at risk. The rating

In March, crude oil traders piled into large short positions, betting on a decline in oil prices, but most were dealt severe blows. Although the ProShares UltraShort ETF saw the biggest inflow of capital, it still performed poorly. At the same time, long funds also received a surge in inflows, and the market showed a high degree of divergence.

Gate News message: On April 1, according to monitoring by Lookonchain, Bitcoin treasury firm Empery Digital transferred 1,795 BTC (worth $122.53 million) to a certain CEX an hour ago.

Nakamoto Inc. disclosed it sold 284 BTC in March 2026 for $20 million, significantly lower than its 2025 acquisition price of $118,171 per coin. This sale reflects the company's dynamic approach to managing its Bitcoin reserves amidst market fluctuations.

In March 2026, Bitcoin ETFs experienced a significant rebound with $1.32 billion in inflows, ending a streak of losses and signaling renewed institutional interest. BlackRock maintained its dominance in the market during this period.

2026-04-01 13:30 to 13:45 (UTC), BTC fell 0.66% on the short-term move, with the price trading in a range of 67,950.1 to 68,682.1 USDT, oscillating with a range of 1.07%. Short-term market volatility intensified, trading volume increased significantly, and market attention continued to rise. Data from major trading platforms shows that bulls and bears are in fierce competition, with sell pressure dominating the order book. The main driver behind this abnormal move is that exchange BTC funding saw net inflows; the sudden inflow in 10 minutes exceeded 2,176 coins, reflecting that holders are inclined to sell off in the short term, and that some accounts have clear stop-loss executions and passive flat positions.

Empery Digital Inc. announced on April 1 that it fully repaid its outstanding term loan by selling 370 Bitcoin, raising approximately $24.7 million. The company holds 2,989 Bitcoin with the goal of enhancing financial flexibility to manage market volatility. It may in the future increase its borrowing limits and reduce its Bitcoin holdings to support share repurchases.

Empery Digital recently sold 370 bitcoins, generating about $24.7 million in proceeds. Its current holdings have fallen to 2,989 bitcoins. The company fully repaid a term loan through a share placement and bitcoin sales, reducing interest expense, and freed approximately 1,800 bitcoins as collateral, improving its balance sheet.

Genius Group (GNS) releases its Q1 2026 earnings report. The report shows the company has sold all its Bitcoin reserves and fully repaid about $8.5 million in debt. It plans to restart Bitcoin reserves after market conditions improve. In terms of financial performance, revenue was $3.3 million, up 171% year over year; gross profit was $2.0 million, up 228%.

A report released on April 1 shows that on March 30 and 31, Bitcoin ETFs saw net inflows of $69.4 million and $114 million, respectively, ending the outflow trend. The main sources of inflows were ARK Invest and Fidelity. In the derivatives market, shorts are dominant; the funding rate remains negative, and there is a dense liquidation zone below the current Bitcoin price of $66.5k.

U.S. spot bitcoin ETFs saw $1.32 billion in net inflows in March, ending a streak of four months of outflows during a price drop. Bitcoin's price stabilized, marking a potential momentum shift, yet investors remain underwater on average.

Bitcoin ETFs have seen a return of inflows after a period of stagnation, indicating renewed interest from institutional investors despite a significant price drop. The slight decrease in total assets under management reflects resilience and a potential for market recovery.

Bhutan's recent transfers of 375 BTC signify a sustained reduction in its Bitcoin reserves, shifting from mining to selling to fund infrastructure projects. After accumulating substantial holdings, the government has begun liquidating assets, indicating altered financial strategies.

Gate News, April 1, according to Lookonchain monitoring, a newly created wallet address has withdrawn 25.5 million STO from a certain CEX within the past 20 hours, worth approximately $4.85 million, accounting for 11.32% of the circulating supply.

Gate News message. On April 1, according to Arkham monitoring, Alameda Research today cleared the pledge of $3.56 million worth of Ethereum. Three weeks ago, the firm had allocated $17 million worth of SOL tokens. Currently, Alameda Research still holds $300 million in SOL, $35 million in Bitcoin, and $20 million in USDT.

The Bitcoin mining industry faces severe challenges: mining costs have surged to $88,000, while the Bitcoin price is about $68,000, leading to worsening losses for miners. As geopolitical risk and high oil prices continue to take their toll, hashrate keeps declining, and the resulting industry pressure has also triggered market instability. Many mining companies have begun transitioning to AI and high-performance computing to stay afloat.

Bitmine Immersion Technologies reported $10.7 billion in assets and accumulated 4.73M ETH, representing 3.92% of the total supply. It launched the MAVAN staking platform, generating $177M annually while navigating market dynamics influenced by rising oil prices.

Bitcoin miner Bitfarms announced that it will sell the Bitcoin it currently holds, fully pivoting to artificial intelligence infrastructure, and plans to “sell at higher prices” when market conditions are favorable. It still currently holds about 1,827 BTC, and in the future will completely liquidate its holdings to strengthen its AI business. The company will also move to the United States and rename itself to “Keel Infrastructure.”

Bitcoin fell 23.8% in the first quarter of 2026, marking its worst performance since 2018. The decline was mainly driven by outflows from spot ETF fund flows and high inflation. Despite the near-term drop, analysts say long-term conviction in Bitcoin has not changed, and it’s important to watch shifts in the macro environment and incoming capital flows.