Digital asset products have seen a third consecutive week of inflows, with a total of $1.2 billion, triggered by the continued expectations of dovish monetary policy in the US, according to CoinShares. Market expectations of dovish monetary policy from the U.S. Federal Reserve and positive price momentum in digital assets are influencing trading activity.
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A crypto whale has reportedly fallen victim to a phishing attack, losing over $32 million in tokens due to a malicious transaction. The stolen assets, amounting to 12,083 wrapped ether tokens (spWETH), were linked to the decentralized finance (DeFi) protocol Spark and are valued at approximately $32.4 million.
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US-listed spot Bitcoin ETFs recorded their fifth consecutive day of inflows, amassing a total of $106 million on Wednesday. BlackRock’s iShares Bitcoin Trust (IBIT) led the surge, attracting $184 million in net investments, according to Farside Investors data.
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