Crypto News

Outflows from spot Bitcoin ETFs in the US have continued for a second week, totaling $228.6 million. Outflows from spot Ethereum ETFs in the US have continued for a third consecutive week, totaling $320 million.

The US is accumulating Bitcoin and, for the first time since 2022, has become a net importer of the cryptocurrency, while other countries are actively buying dollars, according to Chainalysis. American investors view Bitcoin as a scarce safe-haven asset.