4.8 • 689 Ratings
🗓️ 5 August 2025
⏱️ 2 minutes
🧾️ Download transcript
Host Jennifer Sanasie breaks down the latest news in the crypto industry as the spot bitcoin and ether ETFs bled millions.
Bitcoin and ether prices have recouped a significant portion of last week's losses, but the latest ETF flows paint a different picture. Are the outflows a signal that institutional are not as optimistic anymore? Plus, the Base Network suffered its first downtime since 2023. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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0:00.0 | ETFs major outflows while prices recover and base suffers its first outage since |
0:06.0 | 2023. |
0:07.0 | You're watching CoinDusk Daily. |
0:08.5 | I'm your host, Jen Sanassi. |
0:16.2 | Bitcoin and Ether may have recouped some of last week's losses, but U.S. listed spot |
0:20.7 | ETFs are telling a different story. On Monday, the nine spot ether ETFs recorded total |
0:25.8 | net outflows of $465 million, the largest on record, and Bitcoin ETFs bled $333 million, |
0:33.7 | suggesting that institutional capital is not as optimistic as the spot market. |
0:38.5 | Some analysts still hold a constructive market outlook while anticipating Fed interest rate cuts. |
0:43.6 | Data from CME FedWatch shows that traders of priced in three rate cuts by the January |
0:48.5 | 2026 meeting. |
0:50.3 | Base, the popular Layer 2 network from Coinbase experienced its first outage since 2023 yesterday. |
0:56.8 | The network halted block production for approximately 29 minutes, preventing new transactions from being processed. |
1:02.4 | According to the base team, the issue was identified and resolved. |
1:05.9 | Though brief, the outage is significant given Bass's growing role in the Ethereum Layer 2 ecosystem. |
1:11.6 | Midnight is a privacy-enhancing blockchain, introducing vital, programmable privacy and selective |
1:16.6 | disclosure capabilities. |
1:18.6 | It means DAPS can allow users to control what information is revealed without putting sensitive |
1:22.6 | data on-chain, allowing you to break free from the limitation of choosing between utility or privacy. |
1:29.8 | We deserve more when it comes to privacy. |
1:32.6 | Experience the next generation of blockchain that is private and inclusive by design. |
1:37.5 | Break free with Midnight. |
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