The crypto washout extended to ETFs on Monday, with Bitcoin ETFs seeing a $363 million outflow while Ethereum ETFs saw an exit of $76 million.
On the intraday price action, Bitcoin tested a 13-day low of $112.2k with short-term holder cost basis now at $111.4k.
Exchange BTC balances down ~31,265 BTC over four weeks; wallets holding 10–10k BTC have added 56,372 BTC since Aug. 27. This shows that whales continue to accumulate the dip.
If $112k holds over the next day, buying in tranches to lower cost basis remains a constructive path; sustained trade below $111.4k risks a structural shift.
Bitcoin’s bounce above $64K triggered massive short liquidations and revived ETF inflows, but lingering outflows and weak technicals leave the recovery on uncertain footing.
Luxembourg's regulator grants final CASP authorization, enabling Ripple to provide regulated services across 30 European Economic Area countries following months of regulatory navigation.
MiCA's full enforcement on July 1 reshuffled stablecoin routing. Robinhood's Arbitrum bet is the clearest signal yet that enterprise procurement—not retail volume—is now what determines which L2s capture institutional flows.
