Crypto News Digest: US Companies Reconsider Crypto Role in Treasury Management, Ripple Burns $12 Million RLUSD Tokens, Bitcoin ETFs See Record Inflows

Get the latest crypto news from U.Today, featuring three top stories. Bloomberg Intelligence suggests that companies might reconsider Bitcoin’s role as a hedge against the USD due to its increasing independence from stock market trends. The strategists argue this decoupling could benefit corporations navigating macroeconomic uncertainty. Ripple also made headlines, burning 12 million RLUSD tokens and minting an equivalent amount. This move comes alongside efforts by Ripple to reach top five stablecoin market cap by year-end. Meanwhile, Bitcoin ETFs saw their largest inflows since hitting all-time highs in January, exceeding $912.7 million on the day Donald Trump was inaugurated as U.S. president. Ark 21Shares dominated the inflows with $267.1 million, followed closely by Fidelity and BlackRock’s IBIT ETF.