Institutional sentiment has taken a 180-degree turn Following a massive $2.2 billion inflow the previous week, global crypto ETPs (exchange-traded products) just saw $1.73 billion in outflows—the largest weekly redemption since November 2025

Wall Street's “rally” has officially hit macro-level headwinds:

* Total Outflow: $1.73 billion (erasing 80% of last week's gains)

* Bitcoin ($BTC): The primary casualty, losing $1.09 billion. Bitcoin fell 5%, struggling to hold the $89,000 support level

* Ethereum (ETH): Market cap shrank by $630 million as investors fled “high-beta” risks

* XRP: Redemptions reached $18.2 million, signaling a shift in recent bullish sentiment

Despite global fiat currency depreciation, Bitcoin's price failure to surge has frustrated investors. Currently, Bitcoin behaves more like a risk asset than a “safe haven”

The U.S. institutional market now reacts sharply to every Fed policy move, resembling “armchair theorizing” However, capital accumulation in Europe and Solana's resilience suggest the long-term structural bull market hasn't died—it's merely being retested amid harsh macroeconomic conditions