$559M Outflow from Bitcoin ETFs, Infini Hacked for $49.5M, New Franklin Templeton ETF

$559M Outflow from Bitcoin ETFs, Infini Hacked for $49.5M, New Franklin Templeton ETF

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Publish Date:
26 February, 2025
Category:
Bitcoin
Video License
Standard License
Imported From:
Youtube

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⏱️ Timecodes:
00:00 - Introduction
00:21 - Record Outflow from Bitcoin ETFs
00:48 - Infini Stablecoin Bank Hack
01:15 - Franklin Templeton Launches Combined ETF
01:39 - Bitcoin Mining Difficulty Decrease
02:03 - MicroStrategy Continues Bitcoin Purchases

πŸ“° Main News:

πŸ“‰ Record Outflow from Bitcoin ETFs
β€’ Net outflow of $559.41M from February 17-21
β€’ Largest outflow on February 20 β€” $364.93M
β€’ Ethereum ETFs attracted $1.61M during the same period

πŸ”“ Infini Stablecoin Bank Hack
β€’ Loss of $49.5M USDC in the attack
β€’ Hacker exchanged funds for DAI and purchased 17,696 ETH
β€’ Founder suspects team members may be involved
β€’ Full compensation promised to victims

πŸ’Ή Franklin Templeton Launches Combined ETF
β€’ New EZPZ fund invests in both Bitcoin and Ethereum
β€’ 82% of assets will be in Bitcoin
β€’ 0.19% fee waived until the end of August

⛏️ Mining Difficulty Decrease and MicroStrategy Purchases
β€’ Bitcoin mining difficulty dropped by 3.15%
β€’ Hashrate decreased to 754.8 EH/s
β€’ MicroStrategy acquired 20,356 BTC for $1.99B
β€’ Average purchase price β€” $97,514 per BTC
β€’ Company's total holdings: 499,096 BTC

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#cryptocurrency #bitcoin #ETF #Franklin_Templeton #mining #MicroStrategy #Infini