Digital investment products closed net inflows, The crypto market is more sensitive to BTC spot ETF flows than fundamentals.

Last week saw the first weekly net outflows from BTC spot ETFs, pushing the BTC price lower. This suggests that the market is more focused on ETF flows than fundamentals. Specifically, Grayscale GBTC saw outflows totaling $1.83 billion over four days, which some have linked to selling pressure on...