Why bitcoin ETFs look like they’re falling short, even as their role grows: Asia Morning Briefing

What looks like underperformance reflects a structural shift: ETF flows now smooth volatility rather than amplify crypto rallies. What to know : Bitcoin ETFs are unlikely to surpass last year's inflow record, with traders assigning only a 2% chance of beating it in 2025. Despite a gap in ETF inflows, they continue to play a stabilizing role in the market, absorbing risk rather than amplifying price swings. Bitcoin has been consolidating around $87,000 to $88,000, performing better than the broader crypto market, while Ether has underperformed.(Coindesk)