Guavy AI Editorial TeamSentiment: -2Clout: 48

Bitcoin ETFs Suffer $1.78 Billion Net Outflow Amid Market Volatility

U.S. spot Bitcoin ETFs have seen significant net outflows this week, totaling $1.78 billion. This development comes as investors continue to reevaluate their portfolios amidst market volatility.

The news also includes updates on financial markets, with gold approaching a 'death cross' and crude oil breaking below its 200-day moving average. Meanwhile, Iran has taken retaliatory measures following U.S. attacks and announced a suspension of cooperation with the International Atomic Energy Agency (IAEA).

KuCoin, a popular cryptocurrency exchange, has listed perpetual futures for KORU (Direxion Daily MSCI South Korea Bull 3X ETF). Additionally, a wallet associated with Vitalik Buterin, co-founder of Ethereum, moved 7,000 ETH. The reason behind this transaction remains unclear.