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![CryptoStreamHub Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1438059058683125762.png) Crypto Stream [@CryptoStreamHub](/creator/twitter/CryptoStreamHub) on x 73.7K followers
Created: 2025-07-15 06:22:36 UTC

Great take from HanSolar.

But I somewhat disagree with the notion that $ETH’s performance depends on Bitcoin right now.

Especially when you check the ETF flows:

- Bitcoin: $XXX M
- ETH: $XXX M adjusted for market cap, $XXX B!!

You could argue that the slowdown in BTC ETF flows was due to macro uncertainty, i.e., EU tariffs and upcoming PPI, where positioning is often cautious.

But how do you explain the large ETH flows, then?

Either the appetite for ETH is strong, independent of $BTC, or the large wallet that sent ~ $X B to the exchange yesterday scared off ETF investors.

(That’s also why the CB premium flipped negative in US trading hours for a bit, in case you noticed.)


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945006062803018034/c:line.svg)

**Related Topics**
[market cap](/topic/market-cap)
[cb](/topic/cb)
[ppi](/topic/ppi)
[tariffs](/topic/tariffs)
[macro](/topic/macro)
[$16b](/topic/$16b)
[$259m](/topic/$259m)
[$297m](/topic/$297m)

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