Yesterday, U.S. spot Bitcoin ETFs saw net outflows of $299.8 million, while spot Ethereum ETFs saw net outflows of $144.8 million.
Large-scale fund movements are generally interpreted in three ways:
① Allocation: quarterly allocation, with little attention paid to intraday price movements;
② Rebalancing: position adjustments that don't necessarily indicate a bullish outlook;
③ Trading: short-term moves, with funds coming in and going out quickly.
This time, it doesn't necessarily mean a bearish outlook; it could simply be the second scenario. We'll have to see whether similar moves continue.
$BTC is currently at 73811.73, 24h -0.013%.
Just my personal opinion—please consider it rationally.
Large-scale fund movements are generally interpreted in three ways:
① Allocation: quarterly allocation, with little attention paid to intraday price movements;
② Rebalancing: position adjustments that don't necessarily indicate a bullish outlook;
③ Trading: short-term moves, with funds coming in and going out quickly.
This time, it doesn't necessarily mean a bearish outlook; it could simply be the second scenario. We'll have to see whether similar moves continue.
$BTC is currently at 73811.73, 24h -0.013%.
Just my personal opinion—please consider it rationally.
