Capital Markets ETH Spot ETFs Post $28M Single-Day Outflow Against $10.1B AUM Read essay → A single-session $28M outflow on $10.1B AUM is not the story. The gap between ETH and BTC ETF market cap penetration is.
Capital Markets Bitcoin ETF Complex Posts $70.5M Outflow Against $101B AUM Base Read essay → The wrapper is sticky, the marginal flow is not, and the difference matters for anyone using Bitcoin as collateral.