Innlegg

BTC: ~$144.67M ETF outflow is the dominant signal. ETH: ~$14.59M outflow adds to the short-term risk-off tone. SOL/HYPE/LINK/HBAR: smaller inflows suggest selective appetite for higher-beta or narrative-driven assets. Overall: ~$147M net outflow indicates institutions reduced exposure, but the continued buying in selected assets argues against interpreting this as a wholesale abandonment of crypto. The comparison with ~5 days of newly mined BTC is useful for illustrating the size of the selling, although ETF flows and newly mined supply aren't directly equivalent measures. So I’d frame the market as “risk being reduced at the majors, while capital selectively rotates elsewhere”, rather than “institutions are leaving crypto.” Also, there’s a small inconsistency in the post: SOL is listed among the inflows and later under “no activity.” That should be corrected before publishing.