Lookonchain data on November 5: $BTC ETF saw net outflows of 14,117 tokens over the past 7 days, worth approximately $1.12 billion; $ETH ETF saw net outflows of 177,044 tokens over the same period, worth approximately $422.75 million. On the same day, daily net inflows were 208 BTC (approximately $16.56 million) and 16,825 ETH (approximately $40.18 million).
These one-day inflows look small against the 7-day figures. 208 BTC flowed in over one day, while 14,117 flowed out over the previous seven days; 16,825 ETH flowed in over one day, while 177,044 flowed out over seven days. The direction appears to have changed, but the scale hasn't.
I'd rather view this day as a pause in selling pressure than a return of capital. To confirm a reversal, we'd need to see daily net inflows continue for several days and pull the 7-day cumulative figure back to the zero line; one day's numbers can't do that.
#比特币ETF #以太坊ETF #Fund Flows
These one-day inflows look small against the 7-day figures. 208 BTC flowed in over one day, while 14,117 flowed out over the previous seven days; 16,825 ETH flowed in over one day, while 177,044 flowed out over seven days. The direction appears to have changed, but the scale hasn't.
I'd rather view this day as a pause in selling pressure than a return of capital. To confirm a reversal, we'd need to see daily net inflows continue for several days and pull the 7-day cumulative figure back to the zero line; one day's numbers can't do that.
#比特币ETF #以太坊ETF #Fund Flows