According to Eric Balchunas, a renowned ETF analyst, new data highlights how far back the ETF market has retraced compared to previous years (source: Eric Balchunas on Twitter, June 12, 2025). This retracement is relevant for cryptocurrency traders, as ETF flows and institutional behavior often signal risk appetite and liquidity trends that correlate with Bitcoin (BTC) and Ethereum (ETH) price movements. The historical perspective provided by Balchunas can help traders assess current volatility and potential opportunities in both crypto and traditional finance sectors.