Crypto Markets See Net Outflows, Luno Restructures, and Myanmar Passes Anti-Scam Bill

Crypto markets saw significant developments today, including net outflows of $49.75 million from Bitcoin spot ETFs and Luno cutting its global workforce by 20%.

The Bitcoin spot ETF, led by BlackRock's IBIT, experienced a total net outflow of $49.75 million, with the highest daily net outflow being $54.83 million from IBIT. The historical cumulative net inflow has reached $51.32 billion, and the total net asset value of Bitcoin Spot ETFs is $77.23 billion.

Luno's restructuring process, announced in July 2026, aims to adjust the company's operating structure in light of recent crypto market behavior. James Lanigan, CEO of Luno, stated that the company has continued investments in automation and process improvements over the past year.