CoinDesk

ETF Bloodbath: Bitcoin and Ether Funds Face Massive Outflows Despite Price Rally

July 10, 202603:21 AM
ETF Bloodbath: Bitcoin and Ether Funds Face Massive Outflows Despite Price Rally

Institutional crypto flows have hit a significant roadblock. Despite recent price action, spot bitcoin funds bled approximately $95 million on Thursday, while ether funds saw roughly $52 million in outflows, abruptly snapping a five-day streak of positive inflows.

This sudden reversal in bitcoin ETFs and ether funds highlights a growing divergence between market prices and institutional appetite. The cessation of the inflow streak for ether suggests a shift in sentiment, potentially cooling the momentum for institutional adoption in the short term.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinDesk
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily 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

XRP Price Alert: Is $1.08 the Line in the Sand Before a Major Crash?
Blockchain.news★ Featured

XRP Price Alert: Is $1.08 the Line in the Sand Before a Major Crash?

XRP is currently suffocating at the $1.11 level, trapped beneath a heavy wall of downward-sloping moving averages. As trading volume dries up and momentum reaches exhaustion, the market is hyper-focused on the $1.08 support level, which acts as the ultimate line in the sand for bulls.

Failure to hold this critical threshold could trigger a rapid slide toward $1.02, raising fears of a 'dead cat bounce' rather than a true breakout. This XRP price prediction highlights a high-stakes environment where the next move will determine whether the asset finds a launchpad for recovery or succumbs to further bearish pressure in the crypto market.
From World Cup Hero to Crypto Hype: $Bono Memecoin Ignites Solana Frenzy
Crypto Briefing★ Featured

From World Cup Hero to Crypto Hype: $Bono Memecoin Ignites Solana Frenzy

The crypto market is witnessing a sudden surge in speculative interest as the $Bono memecoin takes off. Driven by Yassine Bounou’s legendary World Cup penalty record, this new token is fueling a massive frenzy on the Solana network, capturing the attention of retail traders looking for the next big pump.

This surge highlights the inherently volatile nature of crypto speculation, providing a sharp contrast to the relative stability found in established NFT brands. As the $Bono craze unfolds, it serves as a potent reminder of how quickly cultural moments can be converted into high-stakes digital assets within the Solana ecosystem.
Bitcoin Bull Trap Warning: Why $64K Momentum Signals a Major 'Sell-the-Rally' Setup
Blockchain.news★ Featured

Bitcoin Bull Trap Warning: Why $64K Momentum Signals a Major 'Sell-the-Rally' Setup

Bitcoin is currently grinding against a formidable technical wall between $64,500 and $65,225, showing signs of significant exhaustion. With the MACD flatlining and the Stochastic Oscillator hitting 87, the technical fingerprint points directly toward a potential bull trap that could catch unwary traders off guard.

Market dynamics suggest a 60/40 probability tilt toward a downward correction, characterizing a textbook 'sell-the-rally' setup. As momentum fades, the inability to break through these key resistance levels could trigger a sharp reversal, making this a high-stakes moment for Bitcoin price prediction and short-term traders.
The Yamal Effect: How Spain's Success is Fueling Fan Tokens and Crypto Betting Markets
Crypto Briefing★ Featured

The Yamal Effect: How Spain's Success is Fueling Fan Tokens and Crypto Betting Markets

Lamine Yamal's meteoric rise and Spain's recent footballing dominance are creating a massive surge in the digital sports asset sector. This trend is directly boosting the demand for fan tokens and crypto sports betting markets, signaling a deeper integration between professional athletics and blockchain technology.

As global football narratives shift, the intersection of sports and digital assets becomes a primary driver for market engagement. The hype surrounding elite players is no longer confined to the pitch; it is actively translating into increased liquidity and interest within the broader cryptocurrency ecosystem, specifically targeting sports-centric digital utilities.
Market Alert: $1.4B in Bitcoin Options Set to Expire Today
CryptoPotato★ Featured

Market Alert: $1.4B in Bitcoin Options Set to Expire Today

The crypto market is bracing for impact as $1.4 billion in Bitcoin options are scheduled to expire today. This massive liquidation event is a primary driver for potential price swings, making it a critical window for traders tracking Bitcoin volatility and market liquidity.

As these derivative contracts reach their deadline, the resulting rebalancing could trigger significant shifts in market direction. Investors should prepare for heightened volatility, as the interplay between option holders and market makers often dictates short-term Bitcoin price action during such large-scale expiry events.
Goldman Sachs: Carry Trade Conditions Hit 20-Year High, Priming Crypto Rally
Crypto Briefing★ Featured

Goldman Sachs: Carry Trade Conditions Hit 20-Year High, Priming Crypto Rally

Goldman Sachs reports that carry trade conditions are currently at their most favorable levels in over 20 years. The sustained weakness of the Japanese yen is driving massive inflows into risk assets, creating a highly liquid environment that is poised to benefit the crypto markets significantly.

Despite this bullish setup, the macro landscape remains fragile. A sudden shift in monetary policy could trigger rapid sell-offs, meaning that while the carry trade provides a tailwind for crypto, the risk of a sudden liquidity crunch remains a critical factor for traders to monitor.
Jornal Bitcoin Logo