The biggest news of the day remained the beginning of trading in Ethereum ETFs, with ETH ETFs totaling a volume of $1 billion on day one of trading. Grayscale led the charts once again, with $484 million worth of outflows, which is close to 5% of the total fund value. Overall, a net $165 million inflows were seen in Ethereum ETFs. <\/p>\n\n\n\n
Bitcoin (BTC) fell below the $66,000 mark following the news that creditors of the now-defunct exchange Mt. Gox have begun receiving their BTC through the US-based exchange Kraken. After a nine-year wait, multiple creditors have reportedly received their BTC, with the total distributed amounting to an impressive $9 billion in BTC and Bitcoin Cash (BCH).<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The biggest news of the day remained the beginning of trading in Ethereum ETFs, with ETH ETFs totaling a volume of $1 billion on day one of trading. Grayscale led the charts once again, with $484 million worth of outflows, which is close to 5% of the total fund value. Overall, a net $165 million […]<\/p>\n","protected":false},"author":93,"featured_media":40446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-41207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=41207"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41207\/revisions"}],"predecessor-version":[{"id":41210,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41207\/revisions\/41210"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40446"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}