Crypto had no shelter. BNB flat at +0.1%, ETH -0.9%, BTC -2.6% to $64,352.90, SOL worst at -5.1%.The bitcoin ETF bid didn't fade, it inverted: net -$39.5M over seven sessions to 7/28, from +$981M a week earlier. IBIT alone shed $414.7M on 7/23-24 while the smaller vehicles kept buying — the marginal institutional allocator sold.Into an FOMC with a 36% hike tail and no cut optionality. ...