Bitcoin ETF Shock: $425M Outflow Erases Institutional Recovery Hopes
The US spot Bitcoin ETF market faced a massive setback as $424.66 million in net outflows were recorded in a single day. This sudden reversal effectively kills the momentum of the brief recovery seen last week, highlighting the fragile nature of current institutional demand for Bitcoin.
According to SoSoValue data, this massive outflow wipes out the $197.4 million in inflows from the previous week, which had briefly broken an eight-week streak of withdrawals. The sudden shift suggests that the anticipated institutional rebound may still be facing significant headwinds in the volatile crypto landscape.
US-listed spot Bitcoin exchange-traded funds (ETFs) have returned to outflows, reversing the previous week’s short-lived return to positive flows. Spot Bitcoin ETFs recorded $424.66 million in net outflows on Monday, marking their biggest single-day withdrawal in July so far, according to SoSoValue data.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CoinTelegraphSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
Regulatory Revolution: Paul Atkins and Trump Push CLARITY Act to Secure US Lead in Crypto and AI
This legislative push is designed to replace current ambiguity with institutional certainty, preventing capital flight and technological stagnation. By pressuring the Senate, administration leaders intend to solidify American hegemony in the digital asset market and ensure the US remains the primary hub for next-generation financial technologies.
FILE Price Prediction: Bears Take Control as $0.72 Support Test Looms
Market analysts suggest that the path of least resistance is trending toward a critical retest of the $0.72 support level. Failure to hold this key psychological and technical level could trigger a deeper correction, shifting the short-term outlook even more bearishly.
Ethereum Price Surge: ETH Eyes $2,100 as ETF Inflows Return and Whale Demand Builds
The combination of institutional interest via ETFs and high-net-worth whale demand is creating a powerful momentum. Should Ethereum maintain this trajectory, it could trigger a broader market rally, validating the recent recovery efforts in the crypto ecosystem.
TON Price Warning: Momentum Dies as Crowded Longs Face a Flush to $1.52
Market analysts suggest that a flush toward the $1.52–$1.55 support level is the high-probability path to clear out overleveraged traders. This correction is viewed as a necessary cleansing of the order book before any sustainable bullish reversal can take place in the near term.
Pi Network Crumbles: PI Plummets as Bitcoin Rebounds from $62K Support
While the broader market reacts to Bitcoin's recovery, individual altcoins are telling different stories. The DEXE token is mirroring the downward spiral seen in PI, but HASH has emerged as the standout performer, delivering a massive 25%+ surge that is capturing significant market attention.
Regulatory Crackdown: Hurupay Exits Kenya Amid FATF Grey List Pressure
This exit is deeply tied to Kenya's efforts to navigate the FATF grey list, which has triggered a wave of aggressive oversight across the financial sector. For the broader crypto industry, this move serves as a warning regarding the operational hurdles and compliance costs associated with markets under intense international regulatory pressure.
