Ethereum ETFs just had their worst month for flows since launch.
BeInCrypto reports October was the weakest month for spot ETH ETF flows since the 2024 debut, and KuCoin's daily report notes roughly $156M left spot ETH ETFs on Oct 30 alone. Meanwhile $ETH is still hovering near $2,300 (FXStreet), up three days in a row.
My take: price is stabilizing while institutional demand stays cold. That gap usually resolves one way or the other.
Do you think ETF flows lead $ETH price, or does price pull flows back in? Curious where you stand. Not financial advice.
#Ethereum #ETF #CryptoNews
BeInCrypto reports October was the weakest month for spot ETH ETF flows since the 2024 debut, and KuCoin's daily report notes roughly $156M left spot ETH ETFs on Oct 30 alone. Meanwhile $ETH is still hovering near $2,300 (FXStreet), up three days in a row.
My take: price is stabilizing while institutional demand stays cold. That gap usually resolves one way or the other.
Do you think ETF flows lead $ETH price, or does price pull flows back in? Curious where you stand. Not financial advice.
#Ethereum #ETF #CryptoNews