ETFs Lost $1.22B in a Week With No Green Session
๐ BTC ETFs: -$686.7M
๐ต ETH ETFs: -$504.1M
๐น The largest weekly outflow since Jun. 22-26, with Oct. 7 alone at -$644.3M.
๐น Leverage kept draining as prices fell. Bitcoin OI fell 6.13% to $51.88B and funding sat near a 90-day low.
LATEST: ๐ฑ๐น Lithuania's tax authority has revised its crypto reporting procedures to align with the EU's DAC8 directive, tightening the definitions of reportable users and persons for service providers.
LATEST: ๐ช๐บ EU tech chief Henna Virkkunen says Europe is "well equipped" to handle rogue AI agents, pointing to the AI Act and brushing off critics who call the rules outdated, per Reuters.