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Investment firm VanEck announced Friday that it will close and liquidate its Ethereum futures ETF (EFUT), a decision that comes against a backdrop of significant outflows from spot Ethereum ETFs just weeks after they began trading in the United States.
Key Takeaways
US Bitcoin ETFs experienced the largest inflow since late July with over $263 million in a single day.
Bitcoin’s price increase coincides with huge ETF investments, peaking over $60,000.
Indonesian crypto exchange Indodax has reportedly suffered a $20.5 million exploit, according to blockchain security firm Cyvers.
The losses were spread across multiple chains, including a $1.4 million loss in Bitcoin and a $5 million theft on the TRON and Polygon networks.