🔥 Daily Crypto Recap – What You Missed Today
📉 Bitcoin ETF Inflows Hit Pause
After a 12-day streak that pulled in over $6.6B, spot Bitcoin ETFs finally saw $131M in outflows Monday. Top exits came from:
ARK Invest: -$77.4M
Grayscale GBTC: -$36.7M
Fidelity FBTC: -$12.7M
📊 Experts say it’s just profit-taking near recent highs, with institutions rebalancing.
💼 SEC Drama: Bitwise ETF Approval… Then a Sudden Freeze
The SEC approved Bitwise’s ETF conversion—then instantly paused it the same day.
👉 It mirrors the Grayscale ETF delay earlier this month.
👀 Analysts believe the SEC is stalling until a clear crypto ETF framework is in place.
🕵️♂️ FBI Drops Case Against Kraken Co-Founder Jesse Powell
The FBI has ended its probe into Powell over unrelated cyberstalking allegations and returned his seized devices.
➡️ The investigation wasn’t tied to Kraken or crypto.
💡 TL;DR:
SEC gives green light, then hits brakes on Bitwise ETF
Bitcoin ETFs break their 12-day winning streak
Jesse Powell walks free, FBI wraps up case
Follow for more real-time updates on crypto regulations, ETF moves, and market shifts 👇
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