Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

SUNDOG is available for trading!

We’re thrilled to announce that SUNDOG is now available for trading on Kraken! Funding and trading SUNDOG trading will be live as of 15:00 UTC today, Feb 25, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost. Trade on Kraken Please note: Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched). Geographic restrictions may apply. Here’s some more information about this asset: Sundog (SUNDOG) is the biggest dog meme on TRON , bringing sunshine, fun, and community spirit to the blockchain. Every chain needs its dog, and Sundog is here to shine. A serious yet playful memecoin, spreading joy, memes, and good vibes across the TRON ecosystem. Ready to trade but don’t have a Kraken account yet? Sign up today ! Get Started with Kraken Will Kraken make more assets available? Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here , and all future tokens will be announced on our Listings Roadmap and social media profiles . Our client engagement specialists cannot answer any questions about which assets we may be making available in the future. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here . The post SUNDOG is available for trading! appeared first on Kraken Blog . Bitcoin World

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US Spot Bitcoin Exchange Traded Funds (ETFs) Experience 5th Biggest Expansion Since Launch! Here Are the Details

U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of over half a billion dollars on Monday, marking the fifth-largest pullback since their initial launch in January 2024. Bitcoin ETFs See Over $500 Million Daily Outflows Amid Crypto Market Crash Total net outflows for spot Bitcoin ETFs reached $516.4 million, with figures still pending for Ark Invest’s ARKB ETF. Outflows were led by: Fidelity`s FBTC: $247 million exit BlackRock`s IBIT: $158.6 million exit Grayscale`s GBTC: $59.5 million exit This five-day streak of BTC ETF net outflows has now totaled $1.07 billion, making it the longest period of outflows since launch. The largest daily outflow to date occurred on December 19, 2024, when $671.9 million exited the funds after Bitcoin corrected from its all-time high of $108,000. Meanwhile, Ethereum ETFs also saw net outflows of $78 million on Monday, with BlackRock’s ETHA leading the decline. The three-day streak of Ethereum ETF outflows now totals $100 million. Analysts: Market Needs Fresh Demand for Comeback BRN analyst Valentin Fournier suggested that the first wave of crypto ETF investors may now be fully allocated. “The outflow streak for crypto ETFs continues, marking the longest period of redemptions since their launch. Going forward, ETFs will need new demand or a broader market catalyst to revive inflows,” Fournier said. Despite the recent outflows, total cumulative net inflows into Bitcoin ETFs still exceed $39 billion, with total assets under management (AUM) of $111 billion. Trading volume for bitcoin ETFs rose slightly to $3.8 billion on Monday but remained well below the $9.5 billion peak on Jan. 23 and the all-time high of $9.9 billion on March 5. *This is not investment advice. Continue Reading: US Spot Bitcoin Exchange Traded Funds (ETFs) Experience 5th Biggest Expansion Since Launch! Here Are the Details Bitcoin World