Morning Crypto Report: XRP posts $120 million in ETF flows, Binance users add 181 billion SHIB in a month, and Peter Schiff explains why Bitcoin at $10,000 could still be a long-term win.
XRP reportedly attracted $120 million in ETF-related flows following a 656% weekly surge, while Binance users added 181 billion Shiba Inu tokens to their portfolios over the past month, and longtime Bitcoin skeptic Peter Schiff argued that even a drop to $10,000 would represent a long-term win for his thesis.
XRP’s $120 Million ETF Flow Story After a 656% Weekly Surge
The reported $120 million in XRP ETF flows arrived alongside a striking 656% weekly surge in flow volume, placing XRP at the center of institutional attention heading into April. ETF flow data has become a key barometer for gauging whether institutional capital is rotating into specific digital assets beyond Bitcoin and Ethereum.
The scale of the weekly surge suggests that traders and allocators moved aggressively into XRP-linked products in a compressed window. For context, Strategy recently disclosed a $14.5 billion unrealized Bitcoin loss in Q1, underscoring how volatile crypto positioning has been across the board this cycle.
Whether the 656% weekly flow increase reflects a lasting shift in institutional appetite or a short-term momentum trade remains an open question. ETF flow spikes of this magnitude have historically cooled within days, but the dollar figure signals genuine capital commitment rather than speculative noise.
Why Binance Users Added 181 Billion SHIB to Portfolios in One Month
On the retail side of the market, Binance users accumulated 181 billion SHIB tokens over a single month. The accumulation pattern points to sustained buying rather than a single large transaction, suggesting deliberate portfolio positioning by exchange users.
The trend aligns with broader data showing that a majority of Binance’s top traders have turned bullish on SHIB as the token’s price stabilized near the $0.000006 level. According to reports, long positions on Binance signaled a bullish shift in trader sentiment around SHIB during this period.
The 181 billion token figure, spread across a one-month window, reflects how altcoin appetite on centralized exchanges can build quietly before surfacing in broader market narratives. Altcoin rotation patterns like this one have preceded moves in tokens such as SUI and other mid-cap assets earlier this year.
Peter Schiff’s Bitcoin at $10,000 View and What It Signals
Veteran gold advocate Peter Schiff added a contrarian coda to the morning’s flow-driven headlines by explaining why Bitcoin falling to $10,000 would still validate his long-standing bearish thesis. Schiff has consistently argued that Bitcoin lacks intrinsic value, and the $10,000 scenario represents a price level that would erase gains from multiple bull cycles.
The comment matters less as a price prediction and more as a sentiment marker. When prominent skeptics restate bearish cases during periods of aggressive capital inflows into assets like XRP and SHIB, it highlights the polarized conviction driving crypto markets in early April.
Taken together, the XRP ETF flows, SHIB accumulation on Binance, and Schiff’s bearish framing paint a market where capital is moving decisively into altcoins while the debate over Bitcoin’s long-term floor price continues. Recent developments such as Solana’s STRIDE and STRN launches further illustrate how activity is spreading across multiple chains and asset classes simultaneously.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
