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Crypto News Today: BTC-Spot ETF Outflows, ETH-Spot ETF Delays, and SEC v Coinbase
BTC rose 0.37% on Wednesday. Following a 0.93% gain on Tuesday, BTC ended the day at $40,089. Significantly, BTC held onto the $40,000 handle. On Wednesday, Bloomberg Intelligence Analyst James Seyffart shared day eight volumes and flows. Significantly, the BTC-spot ETF market recorded a second session of net outflows. After outflows of $76 million on day seven, day eight outflows increased to $106.0 million. However, excluding Grayscale Bitcoin Trust (GBTC), the Nine recorded net inflows of $409.3 million. (The Nine refers to the first nine BTC-spot ETFs). However, trading volumes were down on day eight compared ... (full story)