Bitcoin spot ETFs experienced a significant net outflow of $290 million yesterday, with all twelve ETFs reporting no net inflows. Ethereum spot ETFs also faced a net outflow of $65.65 million, marking the fifth consecutive day of outflows.
In the DeFi sector, the top ten protocols accounted for 87% of holder income over the past month, with Hyperliquid leading. Hyperliquid's co-founder has engaged with U.S. policymakers to discuss market entry. Meanwhile, following the KelpDAO attack, several protocols are migrating away from LayerZero.
Bitcoin and Ethereum ETFs See Continued Outflows Amid DeFi Concentration
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