US tech fund flows are seeing extreme volatility:
US technology sector funds posted -$15 billion in outflows this week, the largest weekly withdrawal in at least 2.5 years.
This exceeds the previous largest weekly outflow over this period by +100%.
This also comes after +$19 billion in inflows the prior week, also the largest weekly inflow in at least 2.5 years.
Furthermore, US equity funds saw an -$8.5 billion outflow this week, the largest weekly withdrawal in 3 months, following a record +$119 billion inflow.
Year-to-date, US equity funds have attracted +$332 billion in inflows, accounting for half of the +$661 billion total across all developed markets.
Investors are cashing out massive profits.
GoPlus Challenges THORChain’s Decentralization Claims Over DPRK-Linked Fund Flows
GoPlus Security argued that THORChain should not compare itself directly with Bitcoin or Ethereum when defending its inability to block illicit flows. It said THORChain outbounds rely on threshold signatures from a relatively small active validator set, while the protocol already includes pause, per-chain signing halt and governance mechanisms. GoPlus pointed to prior intervention during THORChain’s own exploit and argued that FBI- or OFAC-attributed DPRK-linked funds could be blocked under the protocol’s existing emergency framework.
Binance Faces Fresh UAE Scrutiny Over Third Party Fund Flows
Two Binance employees were detained by UAE authorities in recent weeks, The New York Times reported.
The questioning came as authorities examined potential financial crimes involving third party fund flows.
Binance said the employees were asked to provide statements about those transactions. The company said the funds moved through a Binance client money account.
Binance stressed that neither employee was a target of the investigation and both were later released.
The exchange said it is working with UAE authorities to improve coordination for future inquiries.
Source: Reuters, The New York Times
🏛️ $NOK - INSTITUTIONAL HOLDERS
Institutional holders rose to 876, with 532 funds increasing positions and 258 new holders. Ownership decreased 1.74% QoQ to 18.1%, while total investment stood at $13.4B.
Track institutional ownership, fund flows, and quarterly changes on
🏛️ $IREN - INSTITUTIONAL HOLDERS
Institutional holders rose to 796, with 479 funds increasing positions and 243 new holders. Total investment reached $9.8B, alongside a 22.59% QoQ increase in ownership.
Track institutional ownership, fund flows, and quarterly changes on