);)
The US spot Bitcoin (BTC) and Ethereum (ETH) symbol index fund (ETF) recorded a net inflow of $646 million (KRW 934.5682 billion) as of the 4th, the first trading day of the year, showing a trend of institutional funds returning to the market after the year-end adjustment.
Bitcoin ETFs saw inflows of $471.3 million, their highest in 35 trading days, while Ethereum ETFs also saw inflows of $174.5 million, a move that contrasts with the bearish cryptocurrency market.
2. Coinbase temporarily suspends Argentine peso rail
Coinbase has temporarily suspended its peso-based USDC on-ramps in Argentina, less than a year after launching, citing a review of local operations.
Starting on the 1st, USDC trading and bank withdrawals via pesos will be suspended, but cryptocurrency-to-crypto trading and remittances will remain open, and Coinbase stated that this move does not mean it is withdrawing from the Argentine market.
3. Cryptocurrency sentiment returns to neutrality.
The fear and greed index, which measures cryptocurrency investment sentiment, hit 40 on the 5th, returning to the "neutral" range for the first time since October.
While Bitcoin (BTC) price stability has led to a recovery in investor sentiment, geopolitical risks and weak retail demand remain constraints on short-term gains.
Reporter Jeong Ha-yeon yomwork8824@blockstreet.co.kr
