Crypto Is Losing
$BTC $ETH
Its Flow Support as ETF Outflows Mount.
Wintermute said crypto is losing support from capital flows, while equities remain backed by earnings expectations. Last week, BTC fell 3.2% and ETH dropped 7.0%, with U.S. spot BTC and ETH ETFs recording $679M and $542M in net outflows, respectively. BTC ETF outflows were the largest weekly total since late June.
#SeptemberCPIWatch
$BTC $ETH
Its Flow Support as ETF Outflows Mount.
Wintermute said crypto is losing support from capital flows, while equities remain backed by earnings expectations. Last week, BTC fell 3.2% and ETH dropped 7.0%, with U.S. spot BTC and ETH ETFs recording $679M and $542M in net outflows, respectively. BTC ETF outflows were the largest weekly total since late June.
#SeptemberCPIWatch