BTC and ETH ETFs saw $1.1B of net inflows the past week.

Their best week in ~4 months. Yet, crypto market cap only moved 0.32%. Over the same window the S&P 500 gained 3.31% and the Nasdaq 4.53%. ETH and BTC stayed relatively flat.

That is one of five topics covered in Vol 18 of Eyes on the Market:

1) CLARITY missed its August 7 deadline. Passage odds hit 13% before recovering to 25%, with a first Senate vote now waiting on September 14.

2) Payrolls fell 23,000 against +80,000 expected, taking September hike odds from 63% to 41%

3) Strategy sold over $100M worth of BTC for a second straight week, at a 14.8% realised loss, to hold STRC near par.

4) Crypto volatility drops close to the lowest it's been in the past year. Futures Open Interest grows 3.6% while funding rates on Binance fall 63%.

5) Crypto ETFs see $1.1B of net weekly inflows. On a relative basis, ETH ETF flows have now beaten BTC's since June.

Read the full article here: https://x.com/DWFLabs/status/2087162623154323620?s=20