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Bitcoin ETFs draw $440.8m as Binance hack rattles market
U.S. spot Bitcoin ETFs have attracted $440.8 million over four consecutive trading sessions through Oct. 29, with BlackRock taking most of the inflows before Friday’s sell-off following Binance’s $6.3 billion hack. According to Farside Investors, the funds received $110.
Why it matters
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
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Dextape context
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Dextape story on this event
Binance hot wallet theft estimated at $6.3 billion, analysts link it to North Korea
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