Coinbase Averages About 10,000 BTC Outflows Daily Since Spot Bitcoin ETF Launch

2024/01/30 16:16

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Glassnode data shows that Coinbase has seen outflows of at least 10,000 BTC per day since the launch of the U.S. Spot Bitcoin ETF.

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According to the Financial Times, JPMorgan CEO Jamie Dimon had a phone conversation with the UK Chancellor of the Exchequer, Rachel Reeves, last week, warning her not to raise taxes on the banking industry. The UK government is currently considering introducing new taxes on banks before the October budget. Dimon stated that an uncompetitive tax regime could weaken London as a financial center, potentially leading to an outflow of capital and financial jobs from the UK.

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