);)
The US spot Bitcoin (BTC) exchange-traded fund (ETF) recorded a net outflow of $782 million (KRW 1.13 trillion) during the Christmas holiday week on the 28th, continuing the six-day streak of fund outflows.
The market is interpreting this trend as a temporary adjustment due to year-end holiday positioning and reduced liquidity rather than a weakening of institutional demand.
2. Considering the acquisition of Mirae Asset and Korbit
Mirae Asset Group is reportedly in negotiations for the acquisition of the Korean cryptocurrency exchange Korbit for approximately $100 million (KRW 144.5 billion).
Equipped with a fully licensed and regulated infrastructure, Korbit is attracting attention as a gateway for financial groups to enter the cryptocurrency business, despite its low market share.
3. Uniswap burns 100 million UNI.
Uniswap burned approximately 100 million UNI tokens on the 28th, removing tokens worth approximately $596 million (KRW 861.22 billion) from circulation following governance approval.
This measure, which includes the introduction of a fee switch, passed with overwhelming approval, and Uniswap is moving to enhance long-term token value through a fee-based burn structure.
Reporter Jeong Ha-yeon yomwork8824@blockstreet.co.kr
