Spot Ethereum ETFs See Outflows of $23 Million
Ethereum ETFs saw net outflows of $23.68 million, led by Grayscale’s ETHE with $31.86 million in outflows.
Hong Kong Digital Bank Starts Offering Bitcoin and Ether ETFs
Mox, a digital bank owned by Standard Chartered, has recently launched an investment platform in Hong Kong and is now offering its clients the ability to trade in Bitcoin and Ether exchange-traded funds (ETFs).
Bitcoin Volatility Reaches Highest Level in 20 Months
As Bitcoin dropped below $50,000, a significant indicator of its volatility reached its highest point in 20 months.
US Spot Bitcoin ETFs Lose $168M in a Day
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
Bitcoin Dominance Approaches 60%
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
Xapo Bank Starts Offering Interest-Bearing Bitcoin Accounts in UK
Xapo Bank has become the first UK bank to offer interest-bearing accounts for both Bitcoin and fiat currencies.
Morgan Stanley Will Allow Clients to Access Bitcoin ETFS
Morgan Stanley has informed its financial advisors that select clients will soon be able to access spot bitcoin exchange-traded funds (ETFs).
