Crypto markets digested a fresh round of regulatory and security headlines on Tuesday ET, as U.S. spot Bitcoin (BTC) and Ethereum (ETH) ETFs posted net outflows while South Korea’s tax authority moved to operationalize a long-delayed crypto tax regime set to take effect in 2027.
In the U.S., spot Bitcoin ETFs recorded a combined net outflow of $89.6754 million on April 28 ET, according to SoSoValue data cited by PANews. BlackRock’s iShares Bitcoin Trust (IBIT) led the day’s redemptions with $112.0 million in net outflows, partially offset by inflows into ARK 21Shares Bitcoin ETF (ARKB),… Read more
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