Stablecoin Issuance Stalls, ETF Outflows Mount — Crypto Enters “Self-Funded” Phase
The crypto market is showing fresh signs of liquidity strain as U.S. spot Ethereum ETFs record sustained outflows while growth in stablecoin issuance slows sharply. The trend underscores what Wintermute analyst Jasper De Maere describes as a shift into a “self-funded” phase, a period where market activity relies heavily on existing capital rather than new […]
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