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: Crypto investment products neared $5 billion in outflows over the last four weeks, but late-week inflows last week show early signs of improving sentiment despite heavy selling, according to CoinShares. The New York Stock Exchange has cleared Grayscale’s Dogecoin and XRP funds for trading, and the Bitcoin community’s backlash against JP Morgan is growing, with calls to boycott the banking giant.
Cryptocurrency investment products have hit almost $5 billion in outflows over the past four weeks, but inflows during the final days of last week offered a small sign of improving sentiment.
Crypto exchange-traded products (ETPs) saw $1.94 billion in outflows last week, a small decline from the $2 billion exodus the previous week, according to a Monday research report from CoinShares.
