ETF sellers are leaving Bitcoin, but long-term holders are absorbing the exit, turning the selloff into an ownership reset.

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	Forwarded this email? Subscribe here for more Wall Street is selling Bitcoin but the old holders are now buying it back ETF sellers are leaving Bitcoin, but long-term holders are absorbing the exit, turning the selloff into an ownership reset. Jul 2   READ IN APP   Good to see you this Thursday. Wall Street is selling Bitcoin but the old holders are now buying it back — ETF sellers are exiting, but long-term holders are absorbing the outflows, turning the selloff into an ownership reset as Bitcoin tests whether ETF-era demand still supports prices. Crypto is entering a tougher phase where access, attention, and trust carry higher costs: retail interest looks weaker than subscriber counts suggest, DeFi endured $780.3 million in known Q2 hack losses, the UK and Australia are tightening transfer and operating rules, Trump’s crypto-linked disclosure complicates the CLARITY Act debate, and Open USD backers are reigniting a stablecoin incentive fight for liquidity. The global crypto market cap is $2.13 trillion, with a 24-hour volume of $94.15 billion. The price of Bitcoin is $61,775.12, and BTC market dominance is 58.0%. The price of Ethereum is $1,700.80, and ETH market dominance is 9.6%. The best-performing sector is AMM, which gained 10%. The Crypto Fear & Greed Index is currently Extreme Fear (19). 📰 Top News Wall Street is selling Bitcoin but the old holders are now buying it back ETF sellers are leaving Bitcoin, but long-term holders are absorbing the exit, turning the selloff into an ownership reset. A US Bitcoin treasury company sold every BTC because debt and Nasdaq pressure just closed in New SEC filing ties a full BTC liquidation to debt repayment, collateral language, Nasdaq pressure and an AI pivot. Circle CEO says Open USD must break USDC’s network effect before its 140 backers matter Allaire says the stablecoin fight will hinge on liquidity, integrations and regulated usage once OUSD goes live. 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