ETF funds are still flowing out, but market fear hasn't spiraled out of control. On November 10, BTC ETFs saw net outflows of $0, while ETH ETFs saw net outflows of $184.6 million, for combined net outflows of $187.3 million. Meanwhile, the Fear & Greed Index stood at 32—still in fear territory, but not extreme fear.
The contrast in these figures is that selling pressure is concentrated mainly in ETH, while BTC funds have temporarily stopped flowing out. For short-term traders, first watch whether ETH can stop its consecutive outflows. Don't mistake a single day's sentiment for a signal that the entire market is collapsing.
Do you think ETH ETF outflows will continue, or will we see a recovery first?
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