Ethereum ETF lost 788 million USD, short-term adjustment signal
The funds #ETFEthereum traded in the US have witnessed a large capital outflow, reaching 787.6 million USD in just four days from 02/09 to 05/09. This outflow, especially 446.8 million USD in one day on Thursday, has raised many concerns for the market.
Reasons for the outflow
Experts believe that this outflow is not a sign of loss of confidence but merely an adjustment of positions by institutional investors. After a strong growth in August, many institutions took profits to secure their gains. Another important reason is that Ethereum ETF funds in the US are not allowed to stake, making them less attractive than $BTC in a risky market context.
Long-term outlook
Although $ETH is considered a higher risk asset than BTC and is often sold off first when the market fluctuates, experts remain optimistic in the long term. Key indicators of Ethereum such as DeFi activity and network health remain very strong. This outflow is seen as a timing issue rather than a lack of confidence in the network. #anh_ba_cong
