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$ETH spot ETF had a net outflow of $161 million in a single day. The key point is not the number itself, but the change in the direction of funds: the redemption amount exceeded the subscription amount that day.
Spot ETFs are one of the important channels for off-chain funds to enter this chain. Net outflow does not mean on-chain activity has worsened, nor does it indicate the disappearance of long-term demand, but it will weaken some marginal buying pressure.
ETF subscriptions
#DailyOrbit
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Cryptos tendance
BTC/USDTBitcoin
$83 028,6+0,00 %
ETH/USDTEthereum
$2 507,25+0,00 %
MAGIC/USDTMagic
$0,0965-0,07 %
Tendances du marché
1#SepFOMCMinutesHikeWatch

2#BTCETFBiggestOutflow

3#OKXToken2049CheckIn
