BlackRock exec says ‘perfectly normal’ as IBIT sees .3B outflows in Nov

BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov

BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion. BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product. Speaking in São Paulo, BlackRock business development director…

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DATs bring crypto’s insider trading problem to TradFi: Shane Molidor

DATs bring crypto’s insider trading problem to TradFi: Shane Molidor

Information asymmetry and front-running behaviors are migrating from token markets to institutional products like DATs, warns Shane Molidor of Forgd. Crypto’s chronic insider trading problem is expanding from token launches to digital asset treasuries (DATs), as investors exploit early knowledge of upcoming corporate coin purchases. The issue runs deeper than a few bad actors, according…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: The Balancer community has proposed a plan to distribute funds recovered from the protocol’s recent hack. South Korea’s largest exchange, Upbit, halted deposits and…

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