🐋 From a fund flow perspective: U.S. spot Bitcoin ETFs saw net outflows of $411.9 million yesterday, while Ethereum ETFs saw net outflows of $93.3 million.
This bearish news may prompt some investors to exit first. Whether they return later depends on market conditions. Futures open interest and spot buying should be considered separately: rallies driven by spot buying are more solid.
$BTC .
#BTC
This bearish news may prompt some investors to exit first. Whether they return later depends on market conditions. Futures open interest and spot buying should be considered separately: rallies driven by spot buying are more solid.
$BTC .
#BTC