Ethereum falls back to $2,435, down 3.48% over the past 24 hours, as it retests the short-term support at $2,330.
On September 2, spot ETH ETFs saw net outflows of about $135 million, with none of the nine products recording net inflows.
Fidelity’s FETH bled roughly $99 million in a single day, and Bitwise’s ETHW also slipped by about $24 million.
Wow—this round of institutional positioning is treating ETH as a “revalued asset,” first moving allocations to the more stable BTC.
The downside is that the debate over ETH’s securities-like status hasn’t been resolved. The upside is that these outflows look more like rebalancing rather than an exodus from the ecosystem.
#ETH行情 $ETH #ETF资金流 #Crypto market
On September 2, spot ETH ETFs saw net outflows of about $135 million, with none of the nine products recording net inflows.
Fidelity’s FETH bled roughly $99 million in a single day, and Bitwise’s ETHW also slipped by about $24 million.
Wow—this round of institutional positioning is treating ETH as a “revalued asset,” first moving allocations to the more stable BTC.
The downside is that the debate over ETH’s securities-like status hasn’t been resolved. The upside is that these outflows look more like rebalancing rather than an exodus from the ecosystem.
#ETH行情 $ETH #ETF资金流 #Crypto market
