đŽ $ETH ETF Sees $129.1M Outflow in One Day
Ethereum ETFs recorded a $129.1 million outflow yesterday, showing strong selling pressure from institutional investors.
Reports also show that BlackRock sold $29.4 million worth of Ethereum, adding to the negative sentiment around $ETH in the short term.
Large ETF outflows usually signal that big investors are reducing exposure. This can create short-term price pressure, especially if market confidence is already weak.
However, ETF flows can change quickly. Traders will now watch whether this is temporary profit-taking or the start of a bigger trend.
đ Short-term pressure⊠but volatility creates opportunity. Always manage risk.
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