Crypto
Bitcoin ETFs See Record Inflows as KelpDAO Freezes Funds Amid Exploit
The Bitcoin spot ETFs saw significant net inflows of $160.04 million, led by BlackRock's IBIT with $134.35 million in daily inflows.
BlackRock's IBIT accounted for nearly 84% of the total net inflows into the Bitcoin spot ETFs.
The highest net outflow was seen in Ark Invest and 21Shares's ETF ARKB, which had a daily net outflow of $41.95 million.
KelpDAO froze funds after a wallet holding KelpDAO-linked rsETH was exploited for approximately $7.73 million, according to Blockaid data.
The exploit involved the transformation of wrapped rsETH into ETH and its subsequent movement on-chain in a single transaction.