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Meltem Demirors, chief strategy officer at crypto investment fund Coin Shares, said in a recent YouTube broadcast that "Ethereum (ETH) has been hampered in its narrative by the rise of layer-1 blockchains," according to the Daily Hoarder. "For many new entrants to the next bull cycle, ETH

"Bitcoin spot ETFs saw 30-day net inflows of $3.31 billion," said BitMEX Research. Grayscale GBTC saw net outflows of $150 million, but net inflows from BlackRock IBIT ($191 million) and Fidelity FBTC ($116 million) offset the outflows. Cumulative net inflows for the week totaled $2.73 billion,

"Whales holding between 10,000 and 100,000 BTC have bought $5 billion worth of BTC in the last 10 days," crypto analyst and trader Ali Martinez told X. For another reason for the price correction, CryptoQuant contributor Cristian Palusci noted, "Despite $160 million in outflows from