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