Running for the Exits: Crypto Daybook Americas
By Francisco Rodrigues (All times ET unless indicated otherwise)
The Czech National Bank became the world’s first central bank to buy bitcoin , and a spot XRP exchange-traded fund (ETF) debuted in the US with an impressive trading volume.
Yet what’s dominating headlines is bitcoin’s fall below $100,000 and the crypto market crash. The CoinDesk 20 (CD20) index has slumped 8.35% in the last 24 hours amid a broader drawdown that saw the Dow Jones Industrial Average drop 1.65% tech-heavy Nasdaq lose 2.29% on Thursday.
Spot bitcoin ETFs also saw significant outflows. Investors pulled $869 million on Thursday, the second-largest daily exit on record. Over the past three weeks, spot bitcoin ETFs have lost $2.64…
