TLDR - Daily Market Report #651

Risk-off week. $BTC 5th red week in a row. Crypto underperforming while gold rips.

- $BTC at 67.9K, dominance 58.8%. ETF outflows continue, but whales accumulated 200K BTC. Institutions positioning quietly via IBIT and other ETF exposure.

- $ETH at 1,962. ETH ETFs bled, but roadmap targets higher gas limits. Bitmine bought 35K ETH. Corporate treasury model expanding.

- $SOL at 82. Small ETF inflows while most assets bled.

- $BNB 606. $XRP 1.46. Coinbase enabling XRP, DOGE, ADA, LTC as collateral via Morpho.

- Altcoins saw 209B in net outflows over 13 months. Structural reset ongoing.

• China released RWA framework. Regulatory positioning accelerating globally.

- Gold tokens $PAXG and $XAUT outperforming.

- $SUI under 1. $DOT 1.30. $PENGU cooled off.

- Memecoin noise: $PUNCH. Sustainability remains the question.

Price weak. Infrastructure still building. Institutions not gone.

What are you positioning for?