🚨 ETHEREUM ETF OUTFLOWS HIT 9 STRAIGHT DAYS — BUT THERE’S A TWIST! 👀
$ETH ETFs have recorded 9 consecutive days of net outflows, with approximately $697 million leaving since September 29.
📉 Last week alone saw $542.1M in outflows, the biggest weekly decline since January. BlackRock’s ETHA accounted for roughly 88% of that amount.
But here’s what many might be missing 👇
🔹 ETF net assets dropped 10% to $15.71B, largely reflecting ETH’s price decline.
🔹 Selling pressure is slowing: Daily outflows eased from nearly $202M on October 6 to $56.1M on October 9.
🔹 Long-term inflows remain positive: Cumulative net inflows since launch still stand near $13.26B.
Meanwhile, Bitcoin ETFs saw $681M in outflows, while Solana ETFs ended their record 14-week inflow streak.
📊 My Take: Slowing outflows could signal that selling pressure is cooling, but that alone doesn’t confirm a bullish reversal. The real signal will be whether fresh capital returns.
🔥 Is ETH approaching ETF selling exhaustion, or is more downside still ahead?
What matters more to you — ETF outflows or ETH’s actual price action? 👇
#Ethereum #ETH #CryptoNews #ETFs
$ETH $LUMIA $STRK
📈 STRK: +54.61% | LUMIA: +33.25% | ETH: +0.26%
$ETH ETFs have recorded 9 consecutive days of net outflows, with approximately $697 million leaving since September 29.
📉 Last week alone saw $542.1M in outflows, the biggest weekly decline since January. BlackRock’s ETHA accounted for roughly 88% of that amount.
But here’s what many might be missing 👇
🔹 ETF net assets dropped 10% to $15.71B, largely reflecting ETH’s price decline.
🔹 Selling pressure is slowing: Daily outflows eased from nearly $202M on October 6 to $56.1M on October 9.
🔹 Long-term inflows remain positive: Cumulative net inflows since launch still stand near $13.26B.
Meanwhile, Bitcoin ETFs saw $681M in outflows, while Solana ETFs ended their record 14-week inflow streak.
📊 My Take: Slowing outflows could signal that selling pressure is cooling, but that alone doesn’t confirm a bullish reversal. The real signal will be whether fresh capital returns.
🔥 Is ETH approaching ETF selling exhaustion, or is more downside still ahead?
What matters more to you — ETF outflows or ETH’s actual price action? 👇
#Ethereum #ETH #CryptoNews #ETFs
$ETH $LUMIA $STRK
📈 STRK: +54.61% | LUMIA: +33.25% | ETH: +0.26%