Morning market snapshot | A chilly overnight session, but plenty of stories
$BTC spot ETFs saw net outflows of around $700 million from Monday through Thursday. $ETH fared even worse, with nearly $490 million flowing out. The Fear & Greed Index fell from 72 to 59. This pullback was driven by institutions selling real assets—don't pretend you can't see it.
The weekly picture looks even worse: Ethereum -6.7%, $SOL -7.5%, and ADA was the only asset in the entire market in the green (+0.8%). Altcoin season? Let's just focus on surviving first.
But the RWA buzz hasn't let up at all. OKX has teamed up with ICE, the parent company of the NYSE, to launch 24/7 tokenized stocks; Samsung plans to integrate USDC into Galaxy Wallet; and the CFTC has laid out a federal regulatory framework for leveraged exchanges. Traditional finance is genuinely moving things on-chain—not just paying lip service.
The macro picture is chaotic too: Trump and Putin agreed on diesel supplies, pushing oil prices down, while tanker attacks in the Strait of Hormuz remain at wartime highs. A hurricane has also shut down 70% of Gulf of Mexico production capacity. Oil prices are swinging back and forth, making it hard for Bitcoin to chart an independent course in the short term.
My take: ETF outflows are a short-term headwind; tokenization is a long-term theme. A dip is a chance to pick up cheaper coins.
NFA DYOR
#比特币 #以太坊 #RWA #代币化 #CryptoMarket
$BTC spot ETFs saw net outflows of around $700 million from Monday through Thursday. $ETH fared even worse, with nearly $490 million flowing out. The Fear & Greed Index fell from 72 to 59. This pullback was driven by institutions selling real assets—don't pretend you can't see it.
The weekly picture looks even worse: Ethereum -6.7%, $SOL -7.5%, and ADA was the only asset in the entire market in the green (+0.8%). Altcoin season? Let's just focus on surviving first.
But the RWA buzz hasn't let up at all. OKX has teamed up with ICE, the parent company of the NYSE, to launch 24/7 tokenized stocks; Samsung plans to integrate USDC into Galaxy Wallet; and the CFTC has laid out a federal regulatory framework for leveraged exchanges. Traditional finance is genuinely moving things on-chain—not just paying lip service.
The macro picture is chaotic too: Trump and Putin agreed on diesel supplies, pushing oil prices down, while tanker attacks in the Strait of Hormuz remain at wartime highs. A hurricane has also shut down 70% of Gulf of Mexico production capacity. Oil prices are swinging back and forth, making it hard for Bitcoin to chart an independent course in the short term.
My take: ETF outflows are a short-term headwind; tokenization is a long-term theme. A dip is a chance to pick up cheaper coins.
NFA DYOR
#比特币 #以太坊 #RWA #代币化 #CryptoMarket