{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63e26a946b77a10011ea5094/6a198f53ad55909da6b14685?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"May 29: ETF Outflows Hit a Record Streak","description":"<h1>Brief Summary</h1><ul><li>Bitcoin is trading around $73K this morning after yesterday’s geopolitical and ETF-driven selloff.</li><li>Ethereum is hovering near $2,000 after recently breaking below that level for the first time since late March.</li><li>U.S. spot Bitcoin ETFs have now posted nine straight days of outflows, the longest withdrawal streak since launching in January 2024.</li><li>Roughly $2.8 billion has left spot Bitcoin ETFs during the nine-session streak, including about $1.3 billion this week.</li><li>A large Bitcoin and Ethereum options expiry today is keeping short-term volatility risk elevated.</li><li>Paxos Securities Settlement Company received SEC approval to register as a clearing agency, making it the first blockchain-native firm approved for that role in the U.S.</li><li>The Block’s morning feed highlights more regulated infrastructure moves, including Aave Labs securing U.K. licenses and Base launching Azul on mainnet.</li><li>Stablecoin regulation remains a major global fault line, with Europe warning about crypto-bank shocks and the ECB pushing back against euro stablecoin expansion.</li><li>Tether’s planned Georgian lari stablecoin remains part of the broader move toward private stablecoin issuers partnering with governments.</li><li>Standard Chartered remains bullish on Ethereum long term, pointing to stablecoins and tokenized real-world assets as potential drivers.</li><li>DeFi security remains a concern after major 2026 exploits, including the Kelp DAO incident.</li><li>The market is stabilizing, but bulls still need ETF inflows, stronger spot demand, or a clean reclaim of the $75K-$80K zone.</li></ul><p><br></p>","author_name":"Matt Diemer"}