According to Aggr News, Haun Ventures is aiming to raise $1 billion to establish two new cryptocurrency funds. This move indicates a significant push into the crypto investment space, potentially influencing market liquidity and funding availability for blockchain projects. Such large-scale funding efforts can lead to increased volatility and trading opportunities in the crypto market as new projects receive capital influx.

According to The Kobeissi Letter, investors are withdrawing from cryptocurrency funds at an unprecedented rate, with a record outflow of $2.6 billion in the week ending Wednesday. This surpasses the previous record by approximately $500 million, which was set at the end of the previous year. Notably, on Tuesday, Bitcoin ETFs experienced a record one-day outflow, indicating significant market shifts. Source: The Kobeissi Letter.