On September 8, there was a net inflow of $368 million to Bitcoin spot ETFs; while ETH ETFs saw a net outflow of $96.7 million, marking six consecutive days of outflows.
The 1-month 25-delta skew for BTC is rising. Strong put demand is consistent with institutional hedging into ETF/DAT flows.
Gold hit $3,630/oz (new ATH), as markets brace for US PPI on Wednesday and CPI on Thursday.
BTC trading near $113k; daily close above $113k would be highly significant. Immediate resistance still lies at $113.5–$114k with key downside liquidity near $109k–$107k. ETH support holds firm at $4.25–$4.30k, while resistance lies overhead at $4.48–$4.50k.
Five years in, Bitcoin remittances in El Salvador are growing, but still account for just 0.7% of flows, exposing a gap between bold policy ambitions and on-the-ground behaviour.
The seed round, led by Castle Island Ventures, bets on execution quality becoming the next competitive frontier as high-performance blockchains shift to multi-proposer designs.
