🤔 Bank of England to scale back plans for strict stablecoin rules following crypto industry pressure. #stablecoin
🇺🇸📊 US Spot Bitcoin ETFs See $635M Net Outflows on May 13 as IBIT Leads
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net outflows of $635 million on May 13 (ET), led by BlackRock’s IBIT with $285 million in net outflows.
U.S. spot Ethereum ETFs saw total net outflows of $36.30 million, with BlackRock’s ETHA posting the largest single-day net outflow at $21.10 million.
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net outflows of $635 million on May 13 (ET), led by BlackRock’s IBIT with $285 million in net outflows.
U.S. spot Ethereum ETFs saw total net outflows of $36.30 million, with BlackRock’s ETHA posting the largest single-day net outflow at $21.10 million.
🙅 $PRAI, $COMMON, $PINGPONG, $TAKER, $JANITOR, $GATA, $KLINK, $CORL, $SWTCH, $ARIAIP, $LONG, $ZKWASM, $GORILLA, $ECHO, $LITKEY, $FIR, $GM, $DELABS, $DONKEY, $WHY removed from Binance alpha projects
💼 #RWA The first tokenized fund from Fidelity International has received a AAA-mf rating from Moody's agency - the highest possible.
🇺🇸🏦 Moody's: American banks expect a "slow, then fast" transition to digital financial services. cointelegraph
💸 BitGo reported an increased loss in the first quarter, despite revenue more than doubling.
Nakamoto reported a loss of $239 million in the first quarter amid a decline in the value of #BTC.
Nakamoto reported a loss of $239 million in the first quarter amid a decline in the value of #BTC.