Gate Institutional

Last week, BTC ETFs saw a net outflow of approximately $996 million, while ETH ETFs had a net outflow of about $255 million. Traditional finance on-chain and CEX derivatives trading continue to be dominated by safe-haven assets like gold. On-chain liquidity remains concentrated in leading DEXs such as PancakeSwap and Raydium.

Last week, the overall cryptocurrency market showed a "cautiously optimistic" pattern, with BTC rising from $68,000 to above $77,000. The trading heat in TradFi has cooled somewhat, but gold remains the core trading asset. On-chain funds continue to concentrate on high liquidity and high turnover scenarios, with PancakeSwap's weekly trading volume approaching $36 billion.

Last week, BTC broke through $82,000 driven by continued inflows into ETFs, with a net inflow of $632 million for BTC ETFs in a single week. CEX TradFi stock assets continue to grow. On-chain funds are flowing back to leading DEXs and mature liquidity scenarios, with Uniswap and PancakeSwap as the core platforms; Aave is still digesting the impact of the rsETH event.