Bitcoin and Ethereum spot ETFs faced substantial outflows, while various developments in the market highlighted broader institutional and trader activities.
Eric Trump has called for buying the dip, while Tom Lee affirmed that pullbacks in a supercycle are healthy, with the macro bull market intact. Bitcoin spot ETFs saw $418 million in net outflows, while Ethereum ETFs recorded $248 million in withdrawals. Aster surpassed Circle in fee revenue, exceeding $100 million. Ethereum treasury firms SharpLink, ETHZilla, and The Ether Machine’s mNAV all fell below 1. Kalshi’s contract open interest hit $200 million, and Euphoria’s official X account was hacked. Market maker Auros Global deposited 30 million USDC to Hyperliquid before making heavy XPL purchases.