Ethereum is back, but the money isn’t
Yesterday, it plunged to an intraday low of 2,356
This morning, Binance spot prices climbed back above 2,400
But the ETFs haven’t followed at all
On Friday, U.S. spot Ethereum ETFs saw net outflows
of nearly $70 million
All the selling came from BlackRock’s ETHA
Not a single fund saw inflows
The talk about a break below 2,400 is still hanging around
But the price has already crawled back up
If institutions aren’t coming back,
how much faith can you put in this rebound?
#以太坊跌破2400USDT $ETH
Yesterday, it plunged to an intraday low of 2,356
This morning, Binance spot prices climbed back above 2,400
But the ETFs haven’t followed at all
On Friday, U.S. spot Ethereum ETFs saw net outflows
of nearly $70 million
All the selling came from BlackRock’s ETHA
Not a single fund saw inflows
The talk about a break below 2,400 is still hanging around
But the price has already crawled back up
If institutions aren’t coming back,
how much faith can you put in this rebound?
#以太坊跌破2400USDT $ETH
