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Gold continued to fall but still outperformed BTC last week. Macro conditions softened following the Fed’s less dovish-than-expected tone, which saw most crypto segments fall (with AI the notable exception). Today we dive into recent ETF flow divergences, with SOL positive while BTC and ETH are seeing outflows, and the Solana DEX aggregator landscape shift as Titan and DFlow take share from Jupiter.

Indices

Over the past week, Gold extended its decline (-2.6%) to just above $4,000/oz but still outperformed BTC (-4.2%). Equities remained more resilient to macro weakness, with the S&P 500 up…

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