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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InUS-based spot Bitcoin ETFs extended their losing streak to a fifth consecutive week, recording $316 million in weekly outflows and bringing the total year-to-date exodus to $2.6 billion. While Ether funds remained under significant pressure, Solana and XRP ETFs bucked the broader market trend by attracting modest net inflows. Amidst this volatility, Bitcoin developer Matt Corallo dismissed rumors that quantum computing threats triggered the sell-off, labeling such concerns as unfounded FUD. Simultaneously, Metaplanet reiterated its stable position while rejecting recent unspecified accusations. This divergence suggests that while institutional appetite for major assets is cooling, selective interest remains in specific altcoin instruments. Liquidity pressures persist across major vehicles like IBIT and FBTC despite the network's technological resilience.