Glassnode: U.S. spot Ethereum ETFs have seen net outflows for 23 consecutive trading days, the longest streak since their launch.
It only counts as confirmation when volume and price align; relying on the news alone can easily lead you astray.
This isn’t very encouraging, but the familiar pattern of a rebound after a post-bad-news drop is not uncommon.
$ETH .

#ETH

Just my personal opinion, not investment advice.