📊 Market Reset & Flow Update
• ETF Inflows
– Bitcoin and Ethereum spot ETFs attracted $547M net inflows.
– BTC ETFs added ~$299M, with FBTC leading.
• Price Action
– Bitcoin trades above $114,000.
– Ethereum at $4,147, showing minor pullback.
– Solana near $207, down ~1.7% on the day.
• Liquidity Metrics
– Centralized exchange volumes hit $9.72T in August (+7.6%), the highest in 2025.
– Open interest across derivatives expanded to $187B (+4.9%).
Key Insight:
ETF inflows mark renewed institutional engagement, while solid BTC and ETH levels provide stability. Rising volumes and open interest confirm stronger participation, setting the stage for a volatile and opportunity-rich Q4.