Ethereum ETFs have seen outflows for nine straight days
A total of $540 million flowed out this week
Another $56 million went out on Thursday
All from BlackRock's fund
On the same day, Bitcoin ETFs
actually saw a small net inflow
Put simply,
institutions aren't pulling out across the board
I think they're being selective
Moving money toward Bitcoin
The price barely moved today
But I'm not sure I trust this calm
when no one's stepping in to buy
I'm not adding to my position yet
I'll wait until the outflows stop
#ETH $ETH
A total of $540 million flowed out this week
Another $56 million went out on Thursday
All from BlackRock's fund
On the same day, Bitcoin ETFs
actually saw a small net inflow
Put simply,
institutions aren't pulling out across the board
I think they're being selective
Moving money toward Bitcoin
The price barely moved today
But I'm not sure I trust this calm
when no one's stepping in to buy
I'm not adding to my position yet
I'll wait until the outflows stop
#ETH $ETH