| Almost $1B Yanked From BTC & ETH ETFs. Is The "Institutional Demand" Narrative Lifeless? We simply noticed a combined outflow of $995.7 million from Bitcoin and Ethereum spot ETFs. This wasn't a small rotation. Bitcoin ETFs bled $708.7M whereas Ethereum ETFs misplaced $287M. This isn't simply paper buying and selling; for each dollar redeemed, the ETF provider must promote the equal amount of actual BTC and ETH on the spot market. This creates direct, mechanical promoting strain and alerts a critical lower in demand from regulated automobiles. If the very products designed for straightforward institutional entry are bleeding this a lot money, what does that say concerning the true depth of 'sensible cash' conviction right now? [link] [comments] |
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