Announcements Gate Institutional Weekly Report: BTC ETF Weekly Inflow Approaches 1 Billion USD, Aave Impacted by KelpDAO Incident (April 13, 2026 — April 19, 2026)

Gate Institutional Weekly Report: BTC ETF Weekly Inflow Approaches 1 Billion USD, Aave Impacted by KelpDAO Incident (April 13, 2026 — April 19, 2026)

2026-04-22 13:00:49 UTC 446 Read

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In the past week, the global market has significantly recovered under the combined effect of Middle East ceasefire expectations and easing inflation. Oil prices fell by about 10%, VIX retreated to a stage low, coupled with the decline in US Treasury yields and the weakening of the US dollar, risk appetite rebounded, crypto assets rebounded synchronously, and Bitcoin once tested $76,000. Overall, macro uncertainty has marginally eased, funds quickly returned after a short-term shock, and the market gradually transitioned from the risk aversion and deleveraging phase to a structural recovery.

### Highlights of Last Week's Market Overview

* **Market Focus Interpretation:** Middle East ceasefire expectations and easing inflation resonated, oil prices and volatility fell simultaneously, risk assets overall recovered, Bitcoin fluctuated upward and tested stage highs.
* **Liquidity Analysis:** BTC ETF net inflow for the week was about $996M, hitting a multi-month high, ETH ETF also recorded about $276M net inflow, and institutional funds quickly returned after volatility.
* **On-chain Data Insights:** BNB Chain Meme trading heated up, driving PancakeSwap trading volume to double, DEX liquidity returned to leading platforms; Stablecoin remained volatile at high levels, USDT expanded while yield-type Stablecoin declined; the KelpDAO incident impacted Aave, triggering capital withdrawal and deleveraging.
* **Derivative Tracking:** BTC Funding Rate remained negative but price rose, with both short squeeze momentum and crowded shorts; option implied volatility rose at the short end and then fell, Skew converged, DVOL remained in a low range.
* **Outlook for This Week:** Focus on macro data such as China LPR, global PMI, Tokyo CPI, as well as the impact of token unlocks such as ZRO, TON, AVAX on market liquidity.

**Explore Details** → <a href="https://www.gate.com/en-us/research/article/gate-institutional-weekly-btc-etf-weekly-inflows-approached-1-billion-aave-was-impacted-by-the-kelpdao-incident-april-13-to-april-19-2026" target="_blank">Gate Institutional Weekly: BTC ETF Weekly Inflows Approached $1 Billion, Aave Was Impacted by the KelpDAO Incident (April 13 to April 19, 2026)</a>

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Gate Institutional Weekly Report: BTC ETF Weekly Inflow Approaches 1 Billion USD, Aave Impacted by KelpDAO Incident (April 13, 2026 — April 19, 2026)

Gate Institutional Weekly Report: BTC ETF Weekly Inflow Approaches 1 Billion USD, Aave Impacted by KelpDAO Incident (April 13, 2026 — April 19, 2026)

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