XRP Scam Busted in Korea as Bitcoin ETFs See BlackRock Inflow

South Korean authorities have dismantled a major crypto scam that resulted in the theft of 3.4 million XRP. The operation reportedly tricked victims out of 8.5 million dollars by leveraging a fake investment scheme promoted through YouTube. This serves as a stark reminder for traders to remain cautious regarding unsolicited investment advice on social media platforms.

Meanwhile, the Shiba Inu market is seeing a shift in momentum. Large holders known as whales appear to be selling off their positions following a failed price rally. The lack of sustained interest from these major players has left many retail holders watching the chart for signs of stabilization or further declines.

In the broader market, BlackRock has brought a glimmer of hope to Bitcoin holders. The firm reported an inflow of 89.83 million dollars into its Bitcoin ETF product, effectively ending a four day streak of consecutive outflows. Traders are now watching to see if this shift signals a return of institutional buying pressure for the week ahead.