4 May 2026: Daily crypto wrap: Bitcoin is holding above US$78,000 as institutional demand continued to define the market's structure. US spot Bitcoin ETFs recorded US$1.97 billion in net inflows during April, the strongest monthly figure of 2026 and nearly double March's total. Whilst May is already showing US$629.73M in net monthly inflows. @BlackRock's iShares Bitcoin Trust accounted for over 70% of those flows, including a single-day inflow of US$629.8 million on May 1. Total AUM across US spot Bitcoin ETFs approached US$104 billion at month's end. @ethereum consolidated around US$2,300 with large holders accumulating 140,000 ETH over 96 hours, while exchange reserves fell to a record low of 14.5 million ETH. ETF inflows into Ethereum products reached US$355 million in April. On the regulatory front, the CLARITY Act is approaching a Senate vote following a bipartisan stablecoin compromise, with passage projected before the end of May. This would mark a significant step toward compliance-grade infrastructure for institutional capital. Key level to watch: Bitcoin's ability to sustain above US$78,000 as the Fed holds rates steady and macro uncertainty persists. @BTCMarkets