Worst month ever for Ethereum ETFs, and $SOL funds just set a record too.
Per BeInCrypto, US spot ETH ETF total net assets fell to $13.22 billion from $17.60 billion in October, the weakest month for flows since launch. US spot Solana ETFs lost $143.7 million, their largest monthly outflow since debuting.
CryptoQuant also showed ETH's Coinbase discount hitting an 8-month low before easing, so US spot demand looks soft. $ETH sits near $2,290 while still below key EMAs.
My take: institutions are trimming risk, not necessarily leaving. Flows usually turn before price does.
Are you watching ETF flows as a signal, or ignoring them? Why?
Not financial advice.
#ETHETF #Ethereum #Solana #CryptoFlows
Per BeInCrypto, US spot ETH ETF total net assets fell to $13.22 billion from $17.60 billion in October, the weakest month for flows since launch. US spot Solana ETFs lost $143.7 million, their largest monthly outflow since debuting.
CryptoQuant also showed ETH's Coinbase discount hitting an 8-month low before easing, so US spot demand looks soft. $ETH sits near $2,290 while still below key EMAs.
My take: institutions are trimming risk, not necessarily leaving. Flows usually turn before price does.
Are you watching ETF flows as a signal, or ignoring them? Why?
Not financial advice.
#ETHETF #Ethereum #Solana #CryptoFlows