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Bitcoin ETFs Record $450 Million Outflow After Clarity Act Setback
U.S. spot bitcoin ETFs saw $450 million in outflows, their largest decline since June, after the Senate failed to advance the Clarity Act. Regulatory-sensitive tokens also fell sharply, CoinDesk reported.
Arbitrum’s ARB Draws Fresh Attention After Standard Chartered’s $10 Outlook
Standard Chartered’s potential $10 target for ARB by 2030 has renewed attention on Arbitrum’s institutional and tokenization role. The token is attempting to recover from an extended downtrend after a recent breakout.
UK Commits $676 Million and 500 Officers to Money-Laundering Fight
The UK will provide $676 million and add 500 officers to its money-laundering crackdown. The Home Office cites crypto, fintech and AI among the forces driving a threat estimated by the NCA at £100 billion a year.
CoinEx to Shut Down After Nine Years, Giving Users Until December to Cash Out
Hong Kong-founded crypto exchange CoinEx is shutting down after nine years. The platform cited a prolonged crypto winter and rising compliance costs, while users have until December to cash out their holdings.
Crypto ETF’s $100 Million Launch Balance May Not Reflect Investor Demand
CryptoSlate says a crypto ETF’s $100 million opening balance may be driven by sponsor funding rather than broad investor demand. Creations, redemptions and persistent capital offer a clearer view of actual participation.