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, US spot Solana exchange-traded funds (ETFs) extended their winning streak to six days, attracting fresh inflows even as Bitcoin and Ether funds faced heavy redemptions totaling nearly $800 million, the White House defended a pardon of Changpeng Zhao, and Binance’s CEO denied the exchange influenced the choice of a Trump-linked stablecoin in its multibillion-dollar deal.
Spot Bitcoin and Ether ETFs continued to bleed capital on Tuesday, with both assets seeing their fifth straight day of outflows. In contrast, Solana funds extended their inflow streak to six days.
According to data from Farside Investors, spot Bitcoin (BTC) ETFs saw $578 million in net outflows on Tuesday, the steepest single-day decline since mid-October. BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led withdrawals.
