Money shifting toward another theme is not the same as leaving crypto. It is capital weighing its options at the margin.
Even amid rotation, the largest bitcoin ETFs kept drawing inflows, showing demand concentrating rather than vanishing.
When attention shifts, smaller funds with weak flows are the most vulnerable, which is how consolidation plays out.
Track where flows concentrate across sectors and funds, and treat a single closure as a structural signal, not a trend.
Read More →