Bitcoin News
By Bruce Buterin
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What happened. Something's breaking apart in the ETF market. U.S. bitcoin ETFs bled $13.
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The historical context. Bitcoin and ether don't always move together, even if it looks that way from a distance.
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Why it matters. The gap between these two ETF flows isn't just a curiosity.
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What to watch. The ratio of ether to bitcoin ETF inflows over the next 60 days matters a lot here.
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Something's breaking apart in the ETF market. U.S. bitcoin ETFs bled $13.29 million on Friday alone — the fourth straight day of outflows — capping a brutal week that saw $462.
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BlackRock's IBIT shed $19.23 million. Morgan Stanley's MSBT and VanEck's HODL tried to plug the gap with inflows of $3.76 million and $2.18 million respectively. Not enough.
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Bitcoin and ether don't always move together, even if it looks that way from a distance. Back in the 2021 bull run, both assets largely rose in tandem — retail money poured into…
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What's happening now probably echoes that. Ether has use cases — smart contracts, decentralized applications, the whole DeFi stack — that give institutional buyers something to…
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The gap between these two ETF flows isn't just a curiosity. It's a signal — maybe a loud one — about where institutional money thinks the better bet is sitting right now.
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Ether pulling $216.41 million in a single week while bitcoin sheds nearly twice that amount tells you something about confidence.
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More context: Investors Withdraw $449 Million from Bitcoin ETFs in Three Days, ARK 21Shares Hit Hardest
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Bitcoin's problem, at least partly, is macro. Recent U.S. inflation data came in at a 0.4% monthly increase from July, with the annual rate holding at 3.4%.
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Ether, it seems, is less exposed to that particular headwind. Or at least investors are treating it that way.
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The ratio of ether to bitcoin ETF inflows over the next 60 days matters a lot here. If ether keeps pulling ahead week after week, that's not noise — that's a structural shift in…
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More context: Bitcoin Peaks at $79,837, Sparks $732M in Liquidations Amid CPI Data Release
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