Here’s what happened in crypto today

Today in crypto, US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1.9 billion, surpassing their March run, CertiK warns of four attack vectors that will likely drive the lion’s share of crypto hacks this year, and Kraken calls for two key changes to US tax law affecting crypto users to eliminate millions of unnecessary forms.

BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000

US-listed spot Bitcoin exchange-traded funds (ETFs) have been gaining momentum amid Bitcoin’s price recovery, showing steady inflows since mid-April.

Spot Bitcoin (BTC) ETFs logged $335.8 million in inflows on Wednesday, marking the seventh consecutive day of inflows, according to Farside data.

During the inflow streak, the ETFs drew around $1.9 billion in total inflows, surpassing the previous seven-day inflow streak in March, which totaled $1.2 billion.

According to Wallet Pilot data, Bitcoin ETFs hold a combined 1.3 million Bitcoin in assets under management, worth around $103 billion.

The steady inflows to Bitcoin ETFs were accompanied by a rising BTC price, which has surged 11% over the past 30 days. BTC briefly rose above $79,000 on Wednesday, its first time reaching that level since late January, according to CoinGecko.

Out of $1.9 billion in the latest inflow streak, BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for more than 73% of all the inflows at $1.4 billion. The fund holds 809,870 Bitcoin, accounting for 62% of total AUM in US-listed spot Bitcoin ETFs.

Daily spot Bitcoin ETF inflows since April 14. Source: Farside.co.uk

Phishing, deepfakes, others to fuel 2026's biggest crypto hacks: CertiK

Real-time deepfakes, phishing attacks, supply chain compromises and cross-chain vulnerabilities will likely be the root of some of the biggest hacks in 2026, according to CertiK senior blockchain investigator Natalie Newson.

The industry has already lost over $600 million to hacks in 2026, due largely to two North Korea-linked crypto thefts in April, including the $293 million Kelp DAO exploit on Saturday involving a single point-of-trust failure in cross-chain messaging protocol LayerZero’s infrastructure, and the $280 million exploit of the Drift Protocol.

The average size of crypto hacks rose to $19.5 million in 2025. Source: TRM Labs

Another DPRK-linked attack involved the use of AI for social engineering. Crypto wallet Zerion revealed on April 15 that North Korean-affiliated hackers used AI in a long-term social engineering attack to steal about $100,000 from the company’s hot wallets.

Newson warned that, in “some aspects,” the acceleration of AI will only worsen crypto attacks.

Kraken calls for de minimis exemption on crypto taxes after 2025 reports

Cryptocurrency exchange Kraken called for a change in US tax policy after reporting millions of cases of transactions “worth less than $1” as part of its reporting requirements for 2025.

In a Wednesday blog post, Kraken said it issued more than 56 million tax forms — 1099-DAs — to the US Internal Revenue Service (IRS) in 2025 as now required by law. However, the exchange said that about 18.5 million of those forms were for transactions under $1, with about 28 million for $10 or less and 75% under $50.

In an effort to “eliminate millions of unnecessary forms,” the exchange called for a de minimis exemption for taxes to exclude “small, routine digital asset payments from capital gains reporting.” It similarly advocated for an end to “phantom” income derived from staking cryptocurrencies, requiring holders to “owe taxes on value they have not realized” by not selling their staking rewards.

“This is not about helping crypto companies,” said Kraken about its recommendations. “It is about 55 million Americans, spanning every state, age bracket and industry, who are navigating a tax system designed before digital assets existed. Congress should act to make taxpayers’ lives easier.”

Source: Kraken