๐ From a fund-flow perspective: U.S. spot Bitcoin ETFs saw net outflows of $115.6 million yesterday, while spot Ethereum ETFs saw net outflows of $85.3 million.
At first glance, that doesn't look great, but the impact depends on how heavy the selling pressure is going forward. Futures open interest and spot buying should be considered separately: rallies driven by spot buying are more stable.
$BTC .
At first glance, that doesn't look great, but the impact depends on how heavy the selling pressure is going forward. Futures open interest and spot buying should be considered separately: rallies driven by spot buying are more stable.
$BTC .