Wintermute Warns of Crypto Losing Flow Support

Wintermute warns that crypto is losing flow support as ETF outflows reach $1.22B. Here's why traders should remain cautious. U.S. spot BTC and ETH ETFs recorded $679M and $542M in outflows. Wintermute recently highlighted a critical shift in the cryptocurrency market, indicating that crypto is losing substantial flow support as ETF outflows mount. This warning comes as U.S. spot Bitcoin and Ethereum ETFs recorded significant net outflows of $679 million and $542 million, respectively. The implications of this trend suggest traders should remain cautious as market dynamics evolve amid diminishing capital support.