 Spot Exchange Traded Fund (ETF) in the U.S. According to data released by Bloomberg on Sept. 9, 11 Bitcoin spot ETFs in the U.S. suffered the worst net outflow last week since their launch in January. 2. Binance·Bibyt Acquires First Exchange License In Kazakhstan Cryptocurrency exchanges Binance and Bibyt have obtained Kazakhstan\'s fi', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2024091009025234608'));){kind=link}
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Last week, it was revealed that a total of about $1.2 billion was net outflowed from the Bitcoin(BTC) Spot Exchange Traded Fund (ETF) in the U.S. According to data released by Bloomberg on Sept. 9, 11 Bitcoin spot ETFs in the U.S. suffered the worst net outflow last week since their launch in January.
2. Binance·Bibyt Acquires First Exchange License In Kazakhstan
Cryptocurrency exchanges Binance and Bibyt have obtained Kazakhstan's first cryptocurrency exchange license from Kazakh regulators. Kazakh financial services agency AFSA granted Binance and Vibit an exchange license 'DATF' on Sept. 9, granting them cryptocurrency trading and custody in Kazakhstan.
3. Harris Does Not Include Crypto Pledge In Presidential Pledge
Vice President Kamala Harris, the Democratic candidate for the U.S. presidential election in November, does not include a pledge on cryptocurrency in the presidential election pledge released on Sept 9, and there is a big buzz in the cryptocurrency community. The 2024 U.S. presidential election Democratic policy plan released by Vice President Harris mentioned artificial intelligence(AI) and semiconductor innovation with technological innovation along with the revival of the U.S. economy, but did not include phrases about cryptocurrency. Through Vice President Harris' policy plan, the cryptocurrency community is saying that Vice President Harris will not change the negative perception she has shown about cryptocurrency.
4. VanEck Crypto General Manager "U.S. Presidential Election Results, Limited Impact on Cryptocurrency"
VanEck's Head of Digital Assets argued that the results of the U.S. president's election in November will have very limited consequences on cryptocurrency prices. In a report published on Sept. 9, VanEck's general manager of cryptocurrency Matthew Sigel explained that the price increase of cryptocurrency is determined by the market atmosphere and investor trust rather than politics. He went on to emphasize that if Republicans and Democrats win each, the upward trend of Bitcoin and Altcoin could change.
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