Wintermute: No Signs of Capital Returning, Bitcoin Market Bottom Not Yet Confirmed

TLDR: Wintermute confirmed no clear signs of capital returning to crypto after BTC fell 14% on the week. Bitcoin ETFs recorded ten straight sessions of outflows, totaling $2.97B through May 30, 2026. U.S. institutions drove the BTC sell-off, reversing the same buying that lifted prices to $83,000. Wintermute flagged the SpaceX IPO on June 12 [...]

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