ETF Outflows vs Macro Signals: BTC/ETH Fragility Persists
- Bitcoin and Ether spot ETFs both returned to outflows on July 9, ending brief inflow streaks and signaling renewed institutional caution.
- Fed-ECB...

Created by Dmitry Kulagin
Weekly macro and on-chain crypto analysis for BTC, ETH, and top 20 assets
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Ethereum ETFs posted $70.5 million in net inflows on July 8, their fifth straight positive session, while Bitcoin funds lost $84.9 million.
Ethereum's recovery shows institutional support via ETF inflows but remains fragile due to weak broader demand.
Centralized perpetual futures volumes are cooling below 2025 levels as traders cut leverage and wait for clearer signals. Capital is redeploying to...
Bitcoin ETF redemptions reached nearly $5 billion in Q2 as BTC fell 14% below $60,000, dwarfed by $15.6 billion in private credit withdrawal requests...
Multiple independent signals point to structural accumulation near cycle lows.
Bitcoin averaged 673,822 daily transactions, the highest sustained level in its 17-year history and nearly double last year's volume.
July 6 ETF inflows mark a shift after weeks of redemptions, with BTC ETFs drawing $265.69M and ETH ETFs $20.66M.
Bitcoin and Ethereum have outperformed major U.S. stock indexes amid a risk-asset rebound fueled by softer employment data and dovish Fed comments....
Bitcoin's rebound from cycle lows near $57,000 aligns with shifting rate-cut expectations after weak June payrolls, yet CoinShares stresses the Fed's...
Germany's BKA-linked wallets continue routing BTC to exchanges including Coinbase, Kraken, and Bitstamp, creating visible on-chain supply signals that...
JPMorgan's JLTXX tokenized money market fund on Ethereum grew AUM roughly 250% in a month to $695 million, fueled by its role backing stablecoin...
Bitcoin's 100-day NUPL EMA remains at 0.215 near current prices and must reach zero to match every prior cycle bottom, implying further downside below $58K if history repeats. The metric is still positive territory and may form a higher low instead.
Bitcoin whales are driving the latest rally while institutions pull back. Despite ongoing U.S. spot ETF outflows, large holders opened leveraged longs...
Ethereum's technical setup and on-chain flows are aligning for a potential multi-month breakout. The asset has formed a clear double bottom near...