๐ Global & Macro: No major macroeconomic or geopolitical developments reported in this hour.
๐ฆ RWA & Institutional: Multicoin Capital co-founder Kyle Samani revealed his largest personal angel investment to date in Backpack, a crypto exchange and wallet platform; terms undisclosed.
โก Crypto & Markets: US spot Ethereum ETFs saw a $542.1M weekly net outflow, while Solana ETFs ended a 14-week inflow streak, signaling weakening demand. Tom Lee predicts ETH could reach $25Kโ$50K despite a slight price dip.
๐ก Key Takeaway: Crypto ETF flows turned negative as institutional interest cools, yet long-term bullish calls on ETH persist.