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COINHUB installs Western Japan's first Bitcoin ATM at Tennoji MIO in Osaka

The article covers two Bitcoin-related developments. First, COINHUB installed Western Japan’s first bidirectional Bitcoin ATM at Tennoji MIO in Osaka, marking its expansion beyond eastern Japan and advancing its plan to deploy 3,000 FSA-regulated machines nationwide. The move supports broader crypto adoption by making cash-to-Bitcoin and Bitcoin-to-cash access more convenient in a major transit hub. Second, the piece notes a much more material market signal: US spot Bitcoin ETFs recorded about $6 billion in net outflows over the last 30 days, including a 13-day streak that saw roughly $4.4 billion leave the funds. The redemptions coincided with Bitcoin falling 17% over the month to four-month lows near $60,000-$61,300. The outflows were concentrated in IBIT and FBTC, suggesting institutional risk aversion and profit-taking are weighing on near-term sentiment, even as long-term ETF inflows remain positive.

Category

Bitcoin

Sentiment

Mixed

Event

Market data

Reading time

1 min