Ethereum spot ETF debut highlights fee structures, liquidity forecasts, and unique reflexivity compared to Bitcoin.
Xu LinThis week, as Bitcoin prices continued to struggle, U.S. spot Bitcoin ETFs saw significant outflows. According to Farside Investors, these ETFs faced a total of $545 million this week.
JinseFinanceHong Kong Bitcoin and Ether ETFs suffer largest-ever outflow, totaling $32.7 million, amidst market volatility and post-halving price decline.
Xu LinUS Bitcoin ETFs saw record outflows of $563.7 million on May 1, 2024, led by Fidelity's FBTC and Grayscale's GBTC. Blackrock's IBIT also reported its first negative outflow. Expert commentary sparked debate over comparisons with gold ETFs.
Xu LinHTX, the digital-asset trading platform associated with industry figure Justin Sun, witnessed a considerable $258 million net outflow following its reactivation after a significant security breach. Data from DefiLlama between November 25 and December 10 showcased the funds departing the exchange, signifying unease among some clients due to the prior security incident. HTX encountered a $30 million loss in crypto tokens during the breach, prompting temporary suspension of withdrawals and deposits as a precautionary measure.
JoyBetween a “reported” $12 billion asset loss in under 2 months (by Forbes) and a planned hiring (15%-30%) this year based on CZ, is it just FUD, or is there more to it than meets the eye?
CatherineIn the wake of the downfall of SBF’s FTX exchange, crypto traders are increasingly turning toward DeFi protocols – as ETH tokens flow off big CEXs like Binance and OKX.
CoindeskSomeone is buying the dip with conviction as the start of Wall Street trading drags the market lower.
CointelegraphThe discount brokerage has seen a sharp decline in crypto-related revenue over the past 12 months as retail investors exited the market.
CointelegraphThe discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market.
Cointelegraph