Five Things to Know in Crypto This Week: SEC vs. Ripple, US Jobs, and Yen Carry Trades

Five Things to Know in Crypto This Week: SEC vs. Ripple, US Jobs, and Yen Carry Trades
BTC Daily Chart 100824

US BTC-Spot ETF Market Records Weekly Outflows

In the week ending August 9, the US BTC-spot ETF market saw total net outflows of $167.0 million, following outflows of $80.7 million the previous week.

According to Farside Investors:

  • Grayscale Bitcoin Trust (GBTC) saw net outflows of $391.8 million in the week ending August 9 (previous week: -$245.1 million).
  • Fidelity Wise Origin Bitcoin Fund (FBTC) had net outflows of $77.1 million (PW: -$192.9).
  • ARK 21Shares Bitcoin ETF (ARKB)…
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