$HYPE Spot ETFs saw net outflows of $9.4269 million last week, while 21Shares’ THYP saw even larger outflows of $12.4103 million.
The market is still up 2.88%, but ETF funds are flowing out. The price and fund flows are clearly diverging, so don’t blindly join the bullish chorus.
Here’s the practical takeaway: don’t go all in right now. Keep plenty of firepower in reserve. If you want to test the waters with a small position, don’t make a big bet. Consider adding more only after ETF funds start flowing back in.
By the way, Binance’s zero-fee KGST/USDT promotion ends on October 14. Long-time crypto traders looking to grab a bargain, don’t miss it.
What do you think: will continued ETF outflows weigh down $HYPE , or can it hold up and make an independent move? Comment 1 if you’re bearish, 2 if you’re bullish.
#Write2Earn #BinanceSquare #HYPE ETF #TradingTournament
The market is still up 2.88%, but ETF funds are flowing out. The price and fund flows are clearly diverging, so don’t blindly join the bullish chorus.
Here’s the practical takeaway: don’t go all in right now. Keep plenty of firepower in reserve. If you want to test the waters with a small position, don’t make a big bet. Consider adding more only after ETF funds start flowing back in.
By the way, Binance’s zero-fee KGST/USDT promotion ends on October 14. Long-time crypto traders looking to grab a bargain, don’t miss it.
What do you think: will continued ETF outflows weigh down $HYPE , or can it hold up and make an independent move? Comment 1 if you’re bearish, 2 if you’re bullish.
#Write2Earn #BinanceSquare #HYPE ETF #TradingTournament