According to @milesdeutscher, spot BTC and ETH ETFs attracted approximately 17 billion dollars in net inflows over the last 60 days, including more than 11 billion dollars in July, indicating sustained buy-side demand and liquidity support for crypto markets, source: @milesdeutscher on X, August 10, 2025. He adds that 401(k) retirement plans can now hold crypto, opening a potentially trillions-sized pool of new buyers that could increase structural demand, source: @milesdeutscher on X, August 10, 2025. He also notes that the GENIUS Act has been approved, signaling greater regulatory clarity that may reduce compliance overhang and improve institutional participation, source: @milesdeutscher on X, August 10, 2025. For trading, the key watchpoints are the persistence of daily ETF net inflows, evidence of retirement-plan allocations, and follow-through from regulatory developments as potential catalysts for BTC and ETH momentum, source: analysis based on @milesdeutscher on X, August 10, 2025.