BTC ETFs Bleed Record $4B as Crypto Industry Faces Turbulence

Bitcoin ETFs have experienced their worst month yet, with over $4 billion in outflows. This is according to data from CoinDesk Indices and Data, which tracks nearly $1.8 billion in weekly Bitcoin ETF outflows. The significant decline has left the industry reeling, raising questions about the future of these investment products.

Meanwhile, SharpLink CEO Joseph Chalom discussed the Ethereum Foundation's funding crisis with host Jennifer Sanasie. He highlighted the launch of ETHlabs and the company's $75 million raise, making a case for an institutional supercycle in ETH.

Moody's Ratings Managing Director and Global Head of Digital Economy Fabian Astic joined the conversation to explain how the firm is embedding credit ratings into tokenized securities on Solana. He also unveiled the first-ever credit rating methodology for stablecoins.