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Bitcoin core developer Luke Dashjr criticizes Runes protocol for exploiting blockchain flaws, differing from Ordinals’ approach. Despite his opposition and proposed transaction filtering methods, miners, including Dashjr’s Ocean Mining, continue processing Runes transactions due to their profitability.
Interest in Bitcoin ETFs declines as major funds like BlackRock and Fidelity experience significant outflows, totaling $218 million in one day, amidst speculation of delayed rate cuts by the Federal Reserve. However, Morgan Stanley’s potential recommendation of Bitcoin ETFs to its brokers may rekindle market interest.
