Wu Blockchain has learned that crypto market maker Wintermute stated in its latest market weekly report that the recent crypto market rally seems more like a 'relief rally,' driven mainly by weaker U.S. employment data, a dovish shift in Federal Reserve policy expectations, easing tensions in the Middle East, and progress in Ethereum institutional adoption, rather than structural improvements in the market. Wintermute pointed out that although Bitcoin spot ETFs ended a streak of 10 consecutive days of net outflows and recorded approximately $222 million in single-day net inflows on July 2, the cumulative fund flow for the year remains significantly negative. Therefore, they remain cautious about a potential trend reversal. https://(wublock123.com)/news/wintermute-report-no-structural-improvement-bitcoin-etf-net-outflows-64138