🧊 Markets Cool Off: Major ETF Outflows Hit BTC & ETH!
📉 Bitcoin ETFs just saw $812M in outflows — the second-largest daily exit on record. This erased a week’s gains and dragged total net inflows to $54.18B. Top losers:
🏦 Fidelity’s FBTC: –$331M
🚀 ARK’s ARKB: –$328M
🧱 Grayscale’s GBTC: –$66M
🖤 BlackRock’s IBIT: modest dip –$2.5M
📉 ETH ETFs also ended their 20-day winning streak, recording $152M in outflows, with total AUM now at $20.11B.
🇺🇸 Gate Enters the US Market! Gate.io has officially launched spot trading in the US, citing improved regulatory clarity. With 3,800+ trading pairs and $6.8B in 24h volume, Gate is aiming big.
🏛️ a16z Pushes Back on Crypto Bill Andreessen Horowitz is urging US senators to revise the draft crypto legislation, warning of loopholes and unclear asset definitions. They argue it clashes with the Howey Test and risks weakening investor protections.
🧠 TL;DR: Major ETF outflows, new players entering US markets, and policy debates heating up. Crypto never sleeps. Stay sharp.
#Bitcoin #Ethereum #ETF #CryptoNews #BinanceSquare #Gate #Regulation #a16z #BTC #ETH #Altcoins #CryptoMarkets #BinanceUS
