Crypto News Today: Bitcoin ETFs See $276M Outflows, Cango Sells $305M BTC for AI Push, Ripple Eyes $1T Future

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1. Why did Bitcoin ETFs see outflows?

Recent volatility and price weakness likely triggered profit-taking and short-term institutional repositioning.

2. Is Cango exiting Bitcoin mining?

No, Cango will continue mining but is reallocating part of its capital toward AI infrastructure.

3. Can Ripple realistically reach $1 trillion valuation?

It would require roughly 25x growth from its current valuation, making it a long-term strategic ambition.

4. What is the purpose of USD1 stablecoin?

USD1 aims to reduce cross-border remittance costs while offering institutional custody safeguards.

5. What makes Midnight blockchain different?

Midnight uses zero-knowledge proofs to enable selective data disclosure, balancing privacy with regulatory compliance.