Institutions and retail investors operate on very different timelines: retail watches hourly candlesticks, while institutions allocate on a weekly basis.
Ethereum spot ETFs saw net outflows of $6.93 million on October 8, marking 8 consecutive days of outflows. Their total assets stand at $16.196 billion.
They may be rebalancing for risk management reasons—not necessarily because they’re bearish. Will people use $ETH as a reference?

#ETH

Crypto moves fast, so keep your positions in check.