【Market Flash】$1 billion pulled out in three weeks—institutions are running out of patience with Ethereum. U.S. spot Ethereum ETFs saw net outflows of $319.97 million last week (through October 16), following outflows of $138.02 million and $542.07 million in the previous two weeks. Cumulative net inflows shrank from $13.94 billion to $12.94 billion. The momentum from late September, when weekly inflows hit $689.88 million, has been completely wiped out. Buying has dried up, leaving spot demand to bear the burden of support. Is this an institutional retreat, or the final shakeout? Comment 1 if you’re bullish, 2 if you’re bearish.
$ETH $BTC $SOL
#以太坊 #ETF #Binance Square
(Source: AMBCrypto)
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