Last week, $110 million was withdrawn from Bitcoin investment products as investors risked off in the face of mounting geopolitical events and Bitcoin’s waning momentum. Read more »
Withdrawals from the Solana-based DeFi protocol have reached record levels amid an apparent management meltdown and claims from competitors that it hasn’t met its promises. Read more »
Grayscale’s GBTC posted $44.2 million in withdrawals on Feb. 23, marking its lowest daily volume since transitioning to an ETF. Read more »
Despite “unceasing” outflows from Grayscale, the outlook for spot Bitcoin ETFs remains positive, with more than $1.1 billion in total inflows across the board, says Bloomberg ETF analyst James Seyffart. Read more »
Confidence in centralized exchanges appears to be waning as Bitcoin flows into self-custody wallets at near-record levels. Read more »
