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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid shifting institutional risk appetite, the cryptocurrency market is witnessing a notable divergence in liquidity paths between the two largest digital assets. According to reports, Bitcoin spot ETFs recorded net outflows totaling $91 million, reflecting a temporary cooling of momentum. Conversely, Ethereum spot ETFs attracted $82 million in net inflows, marking a significant shift in investor preference and capital reallocation within the ETF ecosystem.
This divergence occurs as markets digest macro data, with US ADP employment figures recently showing 122,000 jobs added, exceeding the 117,000 forecast per market data on June 3, 2026. In comparison to traditional assets, traders are monitoring yield stability, as the MBA 30-year mortgage rate stood at 6.57% during the same period, maintaining indirect pressure on high-risk assets like cryptocurrencies.
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Sign InLooking ahead, investors are focused on the upcoming US Initial Jobless Claims (forecast at 213,000) for clearer signals on economic resilience. As crypto assets continue to trade within consolidation ranges, speeches from Federal Reserve officials, including Bowman and Barkin, will be critical catalysts for assessing the interest rate trajectory and its impact on ETF flows in the coming weeks.
Update: Wintermute has warned that total Bitcoin ETF outflows are nearing the $3 billion mark, suggesting it is premature to identify a definitive market bottom. The market maker attributed recent price weakness primarily to institutional selling pressure in the United States, rather than minor Bitcoin sales by MicroStrategy.