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#Bitcoin's Futures volume stayed elevated during the recent push, contrasting with the spot market. This suggests that recent moves were driven more by leveraged speculation than by organic demand.
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As $ETH rebounded from $2.2K to $2.5K, institutional appetite followed. Spot #ETH ETFs recorded 106K $ETH in net inflows last week - marking the 7th consecutive week of positive flows.
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US Spot ETF weekly update: Last week, spot #Bitcoin ETFs absorbed 15K $BTC, marking the third consecutive week of net inflows. Demand has accelerated since early June. Will this trend continue into July as #BTC hovers above $107K?
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$ETH and $XRP funding rates have turned sharply positive - 0.0083% and 0.0093% respectively - the highest among top L1s. This signals growing demand for long exposure, even as on-chain activity and sentiment remain mixed.
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$DOGE is the only top 10 asset with higher realized losses than profits in the past 24h - $132M vs $5M. By contrast: š $BTC losses are just 2.5% of realized profits ($33M vs $1.3B) šµ $ETH losses are 52% of profits ($18.4M vs $35.2M) Track the essential P&L metrics in Studio.
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Funding rates for $BTC and the 3M rolling basis continue to trend lower. Despite high futures activity, appetite for long exposure is fading, reflecting increased caution and possibly more neutral or short-side positioning.
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