TL;DR Institutional Rotation: Bitcoin, Ethereum, and Solana ETFs pulled in $173.83 million, with ETH attracting the strongest relative accumulation as institutions bought 27,480 ETH versus 1,629 BTC. Issuer Divergence: Bitcoin flows were positive but uneven, dominated by BlackRock, while several issuers posted zero activity, and GBTC continued to bleed capital.
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