Wintermute: ETH Is “Not the Right Asset” for the Current Macro Environment ETH fell 10.2% this week, continuing to underperform across spot…
Wintermute: ETH Is “Not the Right Asset” for the Current Macro Environment
ETH fell 10.2% this week, continuing to underperform across spot and derivatives markets, with the ETH/BTC ratio pressing 0.0275, according to Wintermute. The firm said Ethereum is “not the right asset for this macro” amid rising yields and renewed inflation concerns.
Additionally, Wintermute argued that being outright long BTC at current levels means betting institutional investors will step back in despite rising Treasury yields and reaccelerating inflation, which may be difficult until markets fully digest the shifting macro backdrop.
More from Frens Market Feeds
- Sat, 23 May 2026 15:38:04 GMTThe White House And Anthropic Near Deal For US Spy Agenices To Use Its AI Tools: NYT
- Sat, 23 May 2026 05:29:25 GMTECB Pushes Back on Looser Euro Stablecoin Rules, Citing Banking Risks According to Reuters, the European Central Bank pushed back against p…
- Sat, 23 May 2026 04:13:25 GMTAccording to SoSoValue data, on May 22 (ET), U.S. spot Bitcoin ETFs recorded a total net outflow of $105 million, marking the sixth consecu…
- Sat, 23 May 2026 02:39:46 GMTGrayscale Files Third Amendment for Proposed HYPE ETF Bloomberg ETF analyst James Seyffart said Grayscale has filed its third S-1 amendment…
- Sat, 23 May 2026 01:48:23 GMTHighlight Clip Bybit CEO Ben: Hyperliquid Is a Partner Not a Competitor In an April 23 interview with When Shift Happens, Bybit CEO Ben Zho…
- Sat, 23 May 2026 01:25:26 GMTAmerica's Second-Largest Bank Raises IBIT Stake, Cuts Ether and Solana ETF Exposure America's second-largest bank, Bank of America (BofA),…
- Sat, 23 May 2026 00:19:17 GMTEthereum Co-founder Joseph: Blockchain tech is the key to solving the US debt crisis On May 7, 2026, Ethereum co‑founder Joseph Lubin told…
- Fri, 22 May 2026 19:42:59 GMTRobinhood Crypto COO Leaves Company As Robinhood Sees Sharp Decline In Crypto Revenue, And Works To Lessen Its Dependance On Crypto: Coinde…