Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: BlackRock’s iShares Bitcoin Trust (IBIT) is leading November’s record ETF exodus, with $2.47 billion in outflows, accounting for 63% of the $3.79 billion pulled from US spot Bitcoin ETFs. Treasury Secretary Scott Bessent’s appearance at a newly opened Pubkey in Washington, D.C. sparked excitement across the Bitcoin community, and a new report shows a sharp drop in enforcement actions under the US Securities and Exchange Commission’s new leadership.
US spot Bitcoin exchange-traded funds saw another sharp reversal on Thursday, erasing a brief moment of relief earlier in the week.
After breaking a five-day outflow streak with $75.4 million in inflows on Wednesday, the funds were hit with fresh redemptions of $903 million Thursday — the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024, according to Farside Investors.
