The Daily: Spot bitcoin ETFs see second-largest outflows on record, Michael Saylor slams rumors Strategy sold BTC, and more
Spot bitcoin ETFs experienced their second-largest outflows on record amid market risk-off sentiment, while Michael Saylor denied rumors of Strategy selling BTC.Summary
U.S. spot bitcoin ETFs recorded $869.9 million in net outflows on Thursday, marking the second-largest daily exit ever, driven largely by Grayscale's $318.2 million outflow. Analysts suggest this reflects short-term de-risking due to macro uncertainty, not a structural shift. Meanwhile, MicroStrategy CEO Michael Saylor strongly refuted rumors that the company sold 47,000 BTC, stating they are buying aggressively and plan to disclose new purchases on Monday. In other news, BlackRock is expanding its tokenized Treasury fund, BUIDL, to BNB Chain via a partnership with Binance, allowing institutional traders to use it as collateral. Additionally, Ark Invest bought $15.6 million in Circle shares during the market correction, and Jack Dorsey's Cash App enabled Bitcoin Lightning payments and stablecoin transfers.
(Source：The Block)