Markets· ★★★· bearish·

Wintermute Reports BTC Down 3.2%, ETH Down 7% as Spot ETF Outflows Hit $680M

  • —BTC fell 3.2% and ETH 7.0% week-over-week, per Wintermute's OTC desk
  • —Spot Bitcoin ETF outflows totaled about $680 million for the period
  • —Wintermute: crypto lost flow support while equities kept earnings support
  • —The firm's constructive view hinges on easing yields and returning flows
Why it matters: Persistent ETF outflows and weak flows remain the key risk for BTC and ETH until yields start to ease.
#BTC#ETH
Source: Blockchain.News
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