A lighter take: Ethereum spot ETFs saw total net outflows of $56.1001 million yesterday, marking 9 consecutive days of net outflows.
As soon as the news broke, my social feed split into two camps. I’m in a third: just here to watch the show.
We’ve seen prices stop falling even after bad news is out, so there’s no need to jump to conclusions.
$ETH , up 0.097% intraday.

#ETH

Just my personal opinion—don’t treat it as a basis for trading.