The price of Bitcoin falls to an annual low, with ETF outflows exceeding 500 million USD.

The price of Bitcoin has dropped to an annual low amid market uncertainty, with a net outflow of 539 million dollars from the U.S. spot Bitcoin ETF in a single day. Aya Miyaguchi, the Executive Director of the Ethereum Foundation, has been promoted to President. Bitwise has raised 70 million dollars from investors to expand its cryptocurrency asset management business. Former FTX CEO Sam Bankman-Fried has spoken out for the first time on platform X, commenting on layoffs under the Trump administration.