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April 24 marked the first-day IBIT experienced zero inflows, concluding its remarkable streak of positive trend.
Upbit became the first exchange registered with the Financial Intelligence Unit in 2021. This was made possible as a result of its partnership with K-Bank, an online lender.
Soon after the earnings call on Wednesday, April 24, the META share price stumbled nearly 19% wiping out more than $200 billion in the company’s market cap.