Crypto ETPs record $2.9B outflows, Bitcoin hit hardest — CoinShares
CoinShares cited the Bybit hack, more hawkish US Fed rhetoric and a previous $29 billion buying streak as reasons for the record-breaking weekly outflows.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
CoinShares cited the Bybit hack, more hawkish US Fed rhetoric and a previous $29 billion buying streak as reasons for the record-breaking weekly outflows.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto exchange CoinDCX ‘lying’ about $16M hack, say blockchain investigators
On Thursday morning, blockchain investigator “Darcy” flagged suspicious movements totalling $16 million on addresses suspected to...
XRP Rallies on Ripple SEC Push as ETF Outflows Cloud Evernorth Debut
Ripple’s latest news on US crypto regulation is putting XRP back in the spotlight, with the company backing a proposed SEC framewo...
Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet
📺 Watch VideoBitcoin Magazine Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet A US government-linke...
Strategy spent record cash on STRC buybacks at its worst price yet
Michael Saylor’s BTC company Strategy told investors that its STRC share buybacks would “taper” as STRC neared $100 per share. How...
Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
Spot Bitcoin ETFs have drawn about $1.07 billion over three sessions, pushing October flows to a gain of roughly $460 million, eve...
Market sees 3% chance of Bitcoin hitting record high this year
The low probability of Bitcoin reaching a new high this year reflects cautious market sentiment and highlights challenges in achie...