What Bleeding ETFs Say About BTC and ETH's Next Steps | COINDESK DAILY

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 5 August 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry as the spot bitcoin and ether ETFs bled millions. Bitcoin and ether prices have recouped a significant portion of last week's losses, but the latest ETF flows paint a different picture. Are the outflows a signal that institutional are not as optimistic anymore? Plus, the Base Network suffered its first downtime since 2023. CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.” - Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit midnight.gd and prepare for the Midnight Glacier Drop. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	ETFs major outflows while prices recover and base suffers its first outage since
0:06.0	2023.
0:07.0	You're watching CoinDusk Daily.
0:08.5	I'm your host, Jen Sanassi.
0:16.2	Bitcoin and Ether may have recouped some of last week's losses, but U.S. listed spot
0:20.7	ETFs are telling a different story. On Monday, the nine spot ether ETFs recorded total
0:25.8	net outflows of $465 million, the largest on record, and Bitcoin ETFs bled $333 million,
0:33.7	suggesting that institutional capital is not as optimistic as the spot market.
0:38.5	Some analysts still hold a constructive market outlook while anticipating Fed interest rate cuts.
0:43.6	Data from CME FedWatch shows that traders of priced in three rate cuts by the January
0:48.5	2026 meeting.
0:50.3	Base, the popular Layer 2 network from Coinbase experienced its first outage since 2023 yesterday.
0:56.8	The network halted block production for approximately 29 minutes, preventing new transactions from being processed.
1:02.4	According to the base team, the issue was identified and resolved.
1:05.9	Though brief, the outage is significant given Bass's growing role in the Ethereum Layer 2 ecosystem.
1:11.6	Midnight is a privacy-enhancing blockchain, introducing vital, programmable privacy and selective
1:16.6	disclosure capabilities.
1:18.6	It means DAPS can allow users to control what information is revealed without putting sensitive
1:22.6	data on-chain, allowing you to break free from the limitation of choosing between utility or privacy.
1:29.8	We deserve more when it comes to privacy.
1:32.6	Experience the next generation of blockchain that is private and inclusive by design.
1:37.5	Break free with Midnight.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.