The Daily: US Bitcoin ETFs witness record outflows, SEC approves first spot Bitcoin and Ethereum combo funds and more

U.S. spot Bitcoin ETFs experienced a record $680 million worth of net outflows on Thursday, breaking a 15-day, $6.7 billion streak of positive flows.The SEC approved filings from the Nasdaq and Cboe BZX Exchange to list and trade shares of crypto index ETFs from Hashdex and Franklin Templeton, respectively.The cryptocurrency market continued to drop sharply following Fed Chair Jerome Powell’s hawkish remarks on Wednesday about slower projected rate cuts in 2025.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.