Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
Even altcoins slumped, with only Ripple and Cardano registering inflows.
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Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.
Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit
Some Multichain contracts on Ethereum suffered withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway.
Crypto investment products experience outflows for 9th consecutive week
Meanwhile, the altcoin price crash triggered inflows for XRP, Cardano and Polygon.
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies.
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
According to CoinShares, digital asset investment product outflows amounted to $88 million last week.
Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao.
What asset freeze? Binance BTC outflows muted as users shun panic selling
Exchange Bitcoin holdings, unlike Ethereum, appear stable in light of the Binance and Coinbase lawsuit news.
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows.
Digital asset market shrinks as fund outflows reach $200M: CoinShares
According to CoinShares, digital asset investment products saw outflows totaling $54 million last week.