Spirit Airlines Collapses, Crypto ETFs See Massive Inflows, Altcoin LAB Surges 221%

1. Spirit Airlines has cancelled all flights and begun winding down operations due to funding issues and rising oil prices.
2. U.S. spot Bitcoin and Ethereum ETFs recorded a combined net inflow of over $731 million, signaling strong institutional buying interest.
3. The LAB token surged over 221%, accompanied by $5.31 million in short position liquidations, indicating a short squeeze.