🔥 MAJOR CRYPTO NEWS 🗞️ TODAY:
Based on the news in today's cryptocurrency market, there are several significant developments:
1. The transfer of assets by institutions undergoing bankruptcy liquidation processes:
- Celsius transferred 34.08 million MATIC to Binance.
- FTX/Alameda transferred 207 WBTC and 1,150 ETH to Wintermute, and 135 WBTC to Binance.
2. Grayscale's conversion of GBTC to a Bitcoin spot ETF:
- Grayscale has sold 52,639 BTC, worth approximately $2.8 billion, after the conversion.
- The daily outflow of funds from GBTC ranged from $95.1 million to $590 million.
- The GBTC premium has narrowed to 0.3%.
3. High trading volume and inflows in Bitcoin spot ETFs:
- Nine Bitcoin spot ETFs, excluding GBTC, have purchased 79,618 BTC within the approved six days.
- The average daily trading volume of these ETFs is $120 million, ranking in the top 1% of all ETFs.
- Bitwise had a net inflow of $56 million, Franklin had no inflow, VanEck had a net inflow of $14.2 million, and WisdomTree had an inflow of $2.9 million.
4. CFTC charging crypto exchange Debiex: - Debiex is accused of being involved in a romance scam resulting in $2.3 million in losses.
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