Trump meets Bitcoin miners, Musk drops OpenAI lawsuit, what’s driving ETF flows?

In today’s news, Donald Trump reiterates his support for the Bitcoin mining industry after hosting a meeting with several executives from United States crypto mining firms. Meanwhile, Elon Musk has moved to withdraw his lawsuit against OpenAI and its CEO, Sam Altman — which accused the artificial intelligence firm of deviating from its original mission to develop AI to benefit humanity, not for profit. We’ll also unpack Raoul Pal’s claims that around two-thirds of the net inflows into spot Bitcoin BTC ETFs may be coming from arbitrage trading.Further reading:Trump wants Bitcoin ‘made in the USA’ after hosting mining industry headsElon Musk drops lawsuit against OpenAI CEO Sam Altman‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul PalBODEN memecoins briefly spike after Hunter Biden guilty verditDormant Bitcoin wallet moves $536M after over 5-year hiatusSo, grab yourself a coffee, and let’s get into it!This episode of Rise’n’Crypto is brought to you by Cointelegraph and is hosted by Gareth Jenkinson. You can follow Gareth on Twitter.Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.