Crypto ETF flows were mixed on Tuesday, May 26, with bitcoin and ether ETFs losing a combined $368.75 million as both ETFs extended their outflow streaks. Altcoin products softened the blow, led by $20.45 million into HYPE ETFs and $1.55 million into XRP ETFs, while solana ETFs saw no trading activity. HYPE ETFs Pull $20M […]
Short Bitcoin products attracted $10 million in fresh money last week — a sign that some traders were actively betting against the world’s largest cryptocurrency as broader selling took hold across global crypto funds. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder Selling Spreads Across Borders The United States led the retreat, with $1.43 billion pulled from crypto exchange-traded products, including $1.26 billion from US-listed spot Bitcoin ETFs. Switzerland and Canada followed with outflows of $16 million and $12.5 million, while Hong Kong and Germany shed $12 million and $4.4 million, respectively. The Netherlands stood out as the only market to post notable gains, drawing $6.6 million in fresh capital, with Australia adding a modest $700,000. Total withdrawals for the week reached $1.47 billion, according to CoinShares — extending the prior week’s $1.07 billion in outflows. Assets under management across all crypto ETPs closed the w
Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in their first 10 trading days, while a single wallet simultaneously withdrew $30.93 million in HYPE from Coinbase Prime. HYPE ETFs Outperform Every Prior Altcoin Debut […]
Bitcoin's integration into traditional finance means macroeconomic factors like Treasury yields now significantly impact its market dynamics.
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Cryptocurrency is undergoing an identity crisis as the gap widens between its decentralized origins and today’s institution‑driven adoption, argues Meltem Demirors. The Institutional Paradox Meltem Demirors, founder and general partner of early-stage fund Crucible, argues that institutional access hasn’t made bitcoin more useful. Instead, it has triggered an identity crisis, absorbing crypto into the very […]
A bruising week for crypto ETFs saw a sharp shift in institutional sentiment, with bitcoin ETFs suffering more than $1.2 billion in outflows and ether products extending a prolonged losing streak. Yet beneath the weakness in the market’s largest assets, capital continued flowing into XRP, solana, and HYPE-linked products, signaling a growing appetite for alternative […]