ETF flows made it clear: institutions still treat crypto as a risk-on trade. They piled in when macro looked clean and pulled back once uncertainty hit, flipping inflows to outflows. If rates ease and policy clarity improves in 2026, flows should stabilize -- less reactive, fewer
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ETF flows made it clear: institutions still treat crypto as a risk-on trade. They piled in when macro looked clean and pulled back once uncertainty hit, flipping inflows to outflows. If rates ease and policy clarity improves in 2026, flows should stabilize -- less reactive, fewer