Bitcoin ETFs saw $189M in inflows Tuesday, pushing August's total to $951M. BlackRock's IBIT led with $143.6M.
Still, the market's sensitivity to ETF flows is waning. Two days of $487M inflows barely offset the prior three days of outflows. We're printing green on the ETF tape, but price isn't following.
ETH, however, pulled in $71.5M, bringing its August total to $345M. Price is above both EMA20 and EMA50. Can it hold? Or is this just a retest of prior resistance at 1,925?
$ETH $BTC
Still, the market's sensitivity to ETF flows is waning. Two days of $487M inflows barely offset the prior three days of outflows. We're printing green on the ETF tape, but price isn't following.
ETH, however, pulled in $71.5M, bringing its August total to $345M. Price is above both EMA20 and EMA50. Can it hold? Or is this just a retest of prior resistance at 1,925?
$ETH $BTC