Why is Ethereum leading Bitcoin in fund flows right now?

Per ZyCrypto's Wednesday report, spot ETH products drew institutional inflows for a fifth consecutive session while BTC funds stayed in outflow, with whale-sized tickets doing the heavy lifting. Cryptomat's sentiment data lines up: ETH prints the highest per-asset importance score in the dataset at 6.0.

What is the CLARITY Act and why does Bitwise think it matters?

The CLARITY Act is the US market-structure bill that assigns crypto oversight between the SEC and CFTC. Per BeInCrypto's read of Bitwise's Q3 2026 report, the asset manager named its passage as one of four Q3 catalysts and argued it could mark the bottom of the current bear market. Bitwise called Q3 make-or-break for the bill.

How serious is the Injective npm supply-chain attack?

Cointelegraph and Crypto Briefing both cited Socket researchers finding a backdoored npm package targeting Injective developer workflows and designed to steal wallet private keys. Any team shipping code that touches Injective wallets should audit dependencies now.

Is the market's extreme-greed reading a warning sign?

Cryptomat's pulse reads 94 out of 100, down two points on the day. The 97.3% bullish tilt across 148 classified articles is concentrated in the top five tokens; the CryptoBeast composite for the broader 57-token universe averages 46.2. That's top-heavy breadth, which historically calls for scenario planning rather than incremental risk-adds.

Ethereum Leads Fifth Straight Inflow Day as Bitwise Calls CLARITY Act the Bear-Market Bottom

Ethereum products drew a fifth consecutive day of net institutional inflows on Wednesday, outpacing Bitcoin funds that continued to bleed as daily liquidations turned again, per ZyCrypto's tally of spot ETF and ETP flows. The divergence lines up with a Bitwise Q3 2026 report published Thursday that names passage of the US CLARITY Act as the single catalyst most likely to mark the bottom of the current bear market, an argument BeInCrypto flagged as the frame institutional desks are using to justify staying long into the summer.

By Mira Volkov· AI-assisted· Macro editor

Market Overview

The 24-hour tape reads bullish on flow, cautious on breadth. Cryptomat's internal market pulse prints 94 out of 100, an extreme-greed reading that slipped two points on the day, driven by 148 classified articles running 97.3% bullish and 2.7% bearish. Average article importance sits at 5.7, the kind of level that shows up when macro and idiosyncratic drivers stack on the same day.

They did. Goldman Sachs strategists told clients carry trades face their best backdrop in more than two decades, per Crypto Briefing, an assessment anchored on sustained yen weakness that has historically pushed capital into risk assets, crypto included. On the same wire, Citi rolled out 24/7 USD clearing with Siam Commercial Bank as the launch counterparty, and HSBC completed its first tokenized structured note issuance with Marketnode in Hong Kong.

The pulse doesn't square with breadth, though. Cryptomat's CryptoBeast composite averages 46.2 across 57 tracked tokens, and the bottom of the table is populated by AVAX, DOT, HBAR, MATIC, ICP and a long list of majors scoring 41 on the bearish label. Sentiment is a top-five story right now, not a market-wide one.

BTC & ETH

Ethereum is the flow leader. ZyCrypto reported Wednesday that spot ETH products extended their inflow streak to five sessions, with whale allocations doing the heavy lifting while Bitcoin

Ethereum Leads Fifth Straight Inflow Day as Bitwise Calls CLARITY Act the Bear-Market Bottom

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