Ongoing concerns about crypto fund flows
Market losses on Sunday followed a week of outflows from U.S. spot Bitcoin and Ethereum funds.
According to a report covering the week ending October 16, Ethereum funds recorded outflows of about $320.1 million, compared with about $228.4 million for Bitcoin funds. �
crypto.news
Why does this matter?
Fund data can help gauge institutional investor interest, but it shouldn’t be treated as a reliable prediction of prices. Flows can change quickly from one week to the next.
Market losses on Sunday followed a week of outflows from U.S. spot Bitcoin and Ethereum funds.
According to a report covering the week ending October 16, Ethereum funds recorded outflows of about $320.1 million, compared with about $228.4 million for Bitcoin funds. �
crypto.news
Why does this matter?
Fund data can help gauge institutional investor interest, but it shouldn’t be treated as a reliable prediction of prices. Flows can change quickly from one week to the next.