ETFs Reshaped Crypto Liquidity Flows in 2025
New capital entered crypto in 2025, but it largely stayed locked in major assets like bitcoin and ether. A Wintermute report shows how ETFs, options markets, and shifting retail behavior reshaped market structure. Crypto...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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