#etheretfsextendoutflowstoninedays
๐ $542.1M in outflows from U.S. spot Ether ETFs โ and the outflow streak has now reached 9 trading days.
U.S. spot ETH ETFs recorded another week of net outflows through October 9, posting what some sources say was their worst weekly performance since January.
The issue is not just the dollar amount, but also the persistence of the selling.
Repeated redemptions could weaken an important institutional demand channel for $ETH , but ETF flows alone are not enough to confirm a shift in Ethereumโs long-term fundamentals.
Hereโs another signal to watch: Solana spot ETFs reportedly saw $24.8M in weekly outflows, ending a 14-week streak of inflows. This suggests some of the pressure may be spreading beyond Ethereum.
Meanwhile, ETH was trading around $2,509.85 on October 11, showing that price movements and ETF flows donโt always move in tandem.
๐ The key signal to watch: Can ETH ETF flows turn positive for several consecutive days, or will institutional demand remain under pressure?
#etherreum #ETF #BinanceSquare
$ETH
$STRK
$LUMIA
๐ $542.1M in outflows from U.S. spot Ether ETFs โ and the outflow streak has now reached 9 trading days.
U.S. spot ETH ETFs recorded another week of net outflows through October 9, posting what some sources say was their worst weekly performance since January.
The issue is not just the dollar amount, but also the persistence of the selling.
Repeated redemptions could weaken an important institutional demand channel for $ETH , but ETF flows alone are not enough to confirm a shift in Ethereumโs long-term fundamentals.
Hereโs another signal to watch: Solana spot ETFs reportedly saw $24.8M in weekly outflows, ending a 14-week streak of inflows. This suggests some of the pressure may be spreading beyond Ethereum.
Meanwhile, ETH was trading around $2,509.85 on October 11, showing that price movements and ETF flows donโt always move in tandem.
๐ The key signal to watch: Can ETH ETF flows turn positive for several consecutive days, or will institutional demand remain under pressure?
#etherreum #ETF #BinanceSquare
$ETH
$STRK
$LUMIA