The data support the bank’s thesis, as ETF outflows did not compare to the deleveraging impact on prices.
JPMorgan attributes the recent Bitcoin (BTC) and Ethereum (ETH) sell-off to crypto-native leverage rather than institutional exits, noting that spot ETFs and CME futures absorbed minimal forced selling while perpetual futures markets faced sharp dele… [3451 chars]
Source: CryptoSlate | Published: 2025-10-18T12:06:21Z
Credit: CryptoSlate
