From October 5 to 9, U.S. spot BTC ETFs saw net outflows of $681 million, while ETH ETFs saw net outflows of $542 million, for a combined total of more than $1.2 billion.
Prices have rebounded, but institutional funds have yet to flow back in. This suggests the current rally is more of a sentiment-driven recovery, and it is too early to confirm that a new trend has begun.
If prices continue to rise while ETF outflows persist, be alert to the possibility that the rebound lacks genuine buying support.
#BTC #ETH #ETF
$BTC $ETH
Prices have rebounded, but institutional funds have yet to flow back in. This suggests the current rally is more of a sentiment-driven recovery, and it is too early to confirm that a new trend has begun.
If prices continue to rise while ETF outflows persist, be alert to the possibility that the rebound lacks genuine buying support.
#BTC #ETH #ETF
$BTC $ETH