Ether ETFs Lost Money for 9 Days in a Row. Here’s What It Means 📉
Investors are cautious on ETH right now, but the selling is slowing down.
🔹 9 straight days of outflows since Sept 29
🔹 Total money out: about $697 million
🔹 Last week alone: $542 million, the worst week since January
🔹 Biggest daily exit: $201.9M on Oct 6
🔹 Latest day (Oct 9): $56.1M, much smaller
🟢 The good sign: outflows are shrinking each day. That looks more like slow selling than panic.
🔴 The warning sign: the streak is not broken yet. Bitcoin ETFs saw small inflows on Oct 9, so money is being careful with ETH more than with $BTC .
☺️ My simple plan: I’d wait for the first day of inflows. That would be the first signal that selling pressure is fading.
💬 Is this a short pause or the start of a bigger exit from $ETH ? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #ETF #BinanceSquare #etheretfsextendoutflowstoninedays
Investors are cautious on ETH right now, but the selling is slowing down.
🔹 9 straight days of outflows since Sept 29
🔹 Total money out: about $697 million
🔹 Last week alone: $542 million, the worst week since January
🔹 Biggest daily exit: $201.9M on Oct 6
🔹 Latest day (Oct 9): $56.1M, much smaller
🟢 The good sign: outflows are shrinking each day. That looks more like slow selling than panic.
🔴 The warning sign: the streak is not broken yet. Bitcoin ETFs saw small inflows on Oct 9, so money is being careful with ETH more than with $BTC .
☺️ My simple plan: I’d wait for the first day of inflows. That would be the first signal that selling pressure is fading.
💬 Is this a short pause or the start of a bigger exit from $ETH ? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #ETF #BinanceSquare #etheretfsextendoutflowstoninedays