Spot Bitcoin ETFs in the US saw a net outflow of $ 174 million yesterday. Grayscale sold $ 90 million, Fidelity $ 35 million and Franklin Templeton $ 21 million. In the last 10 trading days, a total of more than $ 1.3 billion was sold from ETFs.
Mt. Gox cryptocurrency exchange, which went bankrupt in 2014. Gox cryptocurrency exchange, which went bankrupt in 2014, will begin repaying $9.2 billion in Bitcoin and Bitcoin Cash to its creditors in July. Significant preparations have been made to ensure safe and compliant repayments, and more than 140,000 Bitcoins are expected to be released. Brad Howell, managing director of crypto market maker Keyrock UK, said that the release of this large amount of Bitcoin will be affected by sentiment and that selling pressure in the market can be absorbed.
At the time of writing, Bitcoin (BTC) is trading at $61,111 and Ethereum (ETH) is trading at $3,377.
The fear and greed index is neutral at "44".
Important developments for the day:
Bittorent (BTT): BTFS halving will take place.
Gitcoin (GTC): Allo V1 program will be terminated and Allo V2 program will be launched.
