Important Developments
1. Net Outflow from Bitcoin ETFs:
This week, Bitcoin ETFs saw a significant net outflow of $900 million.
2. Standard Chartered's New Initiative:
Standard Chartered is preparing to launch a spot trading desk for Bitcoin and Ethereum, marking a major step into the cryptocurrency market.
3. BEVM's New Network:
BEVM announced the launch of a new network that uses WBTC as gas and is built on the OP Stack. This innovation could potentially enhance transaction efficiency and security.
4. US Stock Exchanges Opening Performance:
- **S&P 500**: Down by 0.15%
- **Nasdaq**: Down by 0.16%
- **Dow Jones**: Up by 0.06%
Stay informed with these key market movements and developments!