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Hong Kong’s spot bitcoin ETFs see first outflows, solely from ChinaAMC
Hong Kong’s spot bitcoin ETFs see first outflows, solely from ChinaAMC

ChinaAMC’s spot bitcoin exchange-traded fund saw 75.36 BTC leave the product on Monday.The other two ETFs recorded zero inflows.

The Block·2024/05/07 07:23
OP Stack-based Mode to begin initial distribution of 550 million tokens today
OP Stack-based Mode to begin initial distribution of 550 million tokens today

Quick Take Mode, a Layer 2 network developed on the OP Stack, is set to initiate airdrop claims for its governance token today. In the first phase, Mode will distribute 550 million tokens, representing 5.5% of the total 10 billion tokens.

The Block·2024/05/07 04:52
Grayscale’s spot bitcoin ETF logs second day of net inflows
Grayscale’s spot bitcoin ETF logs second day of net inflows

Grayscale’s spot bitcoin trust recorded two consecutive days of net inflows after ending a 78-day streak of outflows last week.The 11 U.S.-based spot bitcoin ETFs reported a total daily net inflow of $217 million on Monday.

The Block·2024/05/07 04:40
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