In today’s briefing:
- Soft Inflation, Hard ETF Outflows
Soft Inflation, Hard ETF Outflows
- Bitcoin closed near $62.8K on Sunday, down roughly 3% w/w, its worst week in six.
- Spot Bitcoin ETFs bled $389.7M between Aug 10 and 14, the largest weekly outflow in six weeks.
- July CPI printed 0.1% MoM and 3.4% YoY, in line with consensus.
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