PDAXScope: Bitcoin ETF net inflows near USD 1B after three days

In three days, newly approved spot Bitcoin ETFs attracted 21,000 BTC, valued at $894M at the current price of USD 42.6K. U.S. Treasury's Graham Steele urges preemptive crypto regulation for crisis prevention. Check out other fresh news in the crypto world in today’s issue of the PDAXScope. 📰

Crypto News

-> Bitcoin retreats to one-month low as ETF-led enthusiasm wanes

-> Bitcoin ETF net inflows near USD 1B after three days

-> Trump vows to ‘never allow’ a federal reserve digital dollar

-> Grayscale CEO says track record justifies Bitcoin ETF fee

-> Cathie Wood’s Ark buys its own Bitcoin ETF as arms race heats up

-> XRP price falls near critical support level as Bitcoin and crypto market correct

-> Tether reportedly buys 8.9K Bitcoin for USD 380M, remaining 11th-largest BTC holder

-> Federal judge grills Coinbase, SEC on whether digital assets are securities

-> US Treasury official calls for immediate crypto regulation

Finance Today

-> Three executives leave Citigroup’s equity division, sources say

-> Asia stocks mixed on China losses, Fed cut doubts

-> ‘Budget gap goal doable if rice subsidies junked’

NFT Updates

-> Mercedes-Benz introduces MBUX collectibles in-car NFT gallery

-> Nifty Island open beta: Where NFTs and Gaming Converge

-> Former OpenSea manager appeals conviction, claiming NFT info isn’t ‘property’

DISCLAIMER: PDAX would like to reaffirm that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.  

External links are provided for convenience and for informational purposes. They are not statements of PDAX and PDAX bears no responsibility for the accuracy, legality or content of said links.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

The Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels: 

Email: consumeraffairs@bsp.gov.ph; 

Webchat: http://www.bsp.gov.ph (click webchat feature); 

Facebook: https://www.facebook.com/BangkoSentralngPilipinas; 

Direct Line: (02) 5306 2584 / (02) 8708 7087;

 Trunk Line: (02) 8708 7701 loc. 2584;  or 

SMS: 21582277 (for Globe subscribers only). 

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.