📉 BlackRock and other funds withdrew over $1.61 billion from Ethereum ETFs in a month
This is the largest monthly capital outflow since the launch of spot ETH ETFs. Institutional demand has dropped noticeably, and the market is now facing a serious test of resilience.
When major players take profits or move into cash, it always puts pressure on prices. But is this a definitive trend reversal, or just a local portfolio reshuffle before the next rally?
What’s your plan for ETH right now: buying the dip or waiting for clearer signals? 👇#ETH
#HKDollarStablecoinHKDAPToLaunchOnSolana
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
#ASICHasReceivedNoPredictionMarketApplications
$ETH
This is the largest monthly capital outflow since the launch of spot ETH ETFs. Institutional demand has dropped noticeably, and the market is now facing a serious test of resilience.
When major players take profits or move into cash, it always puts pressure on prices. But is this a definitive trend reversal, or just a local portfolio reshuffle before the next rally?
What’s your plan for ETH right now: buying the dip or waiting for clearer signals? 👇#ETH
#HKDollarStablecoinHKDAPToLaunchOnSolana
#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
#ASICHasReceivedNoPredictionMarketApplications
$ETH
