18j yang lalu
Spot Bitcoin ETFs See $866 Million Outflows as BTC Drops Below $95,000
U.S. spot Bitcoin exchange-traded funds recorded net outflows of $866 million on November 13, marking the second-largest single-day redemption since these products began trading in March 2024. The withdrawals occurred as Bitcoin's price fell below $95,000. Grayscale's GBTC led with $318.2 million in redemptions, followed by BlackRock's IBIT at $256.6 million and Fidelity's FBTC at $119.9 million.
18j yang lalu
19j yang lalu
US Spot Bitcoin ETFs Record $1.11 Billion Outflow as BTC Hits $95,647 Six-Month Low
US spot Bitcoin ETFs posted $1.11 billion in net outflows for the week ending November 14, marking the third consecutive week of withdrawals, according to SoSoValue data. BlackRock's IBIT fund led exits with $532 million, while Grayscale Bitcoin Mini Trust saw nearly $290 million depart. Bitcoin traded near $95,647, a six-month low, as cryptocurrency markets recorded $617.45 million in liquidations within 24 hours.
19j yang lalu
19j yang lalu
ECB Warns $300B Stablecoin Market Poses Systemic Risk to European Monetary Policy
Dutch central bank governor Olaf Sleijpen has warned that the $300 billion stablecoin market may require European Central Bank monetary policy adjustments if growth continues at current rates. The market has expanded over 48% this year following new U.S. regulations. Euro-pegged stablecoins represent only 0.18% of global circulation compared to dollar tokens' 99.58% dominance, according to DefiLama data.
19j yang lalu