Bitcoin opened the week weaker, sliding to $108,000 after weekend range-trading and ETF outflows; short-term support sits around the $107k cost-basis band.
Spot Bitcoin ETFs recorded net weekly outflows near $799 million last week; Ethereum ETFs were roughly flat for the week. Solana’s debut ETFs drew $199 million and remain a tactical destination for flows.
Large-holder balance remains concentrated: wallets holding 10–10k BTC control 13.68 million BTC (≈68.62% supply); these cohorts added ~110,010 BTC in October and sold ~23,200 BTC since.
Onchain and derivatives signals are mixed: realized profitability compressed, funding muted, and options skew modestly put-biased; participation has cooled and leverage is lower.
Action bias: maintain defensive sizing, prefer staggered entries into dips; watch whether spot ETF flows reaccelerate and whether BTC can reclaim and hold above $110k on sustained volume.
For Ethereum, the past week has been something unusual: a coordinated showing across three distinct layers – from protocol to institutional go-to-market to consumer products.
The new organization, backed by Bitmine, Sharplink, and Ethereum co-founder Joe Lubin, consolidates the Ethereum Foundation's institutional outreach into a dedicated, neutral counterpart for financial institutions navigating on-chain adoption.
Robinhood Chain brings 24/7 tokenized stocks, perps via Lighter, and agentic trading to a global audience — as the brokerage pushes deeper into DeFi infrastructure.
Another bank–blockchain MOU lands with little market reaction, as investors wait for proof that stablecoin settlement can clear regulatory and operational hurdles.
