đš Ethereum ETF Outflows Rock the Market! đš
On Sept 5, U.S. spot Ethereum ETFs saw their second-biggest withdrawal since launch â over $447M pulled in a single day. This marks 5 straight days of bleeding, with nearly $1B gone in a week. đž
BlackRockâs ETHA led with ~$308M withdrawn.
Grayscale & Fidelity also saw heavy exits.
Futures data shows $570M in net selling pressure, often a top signal. â ïž
Yet, long-term conviction remains strong â with institutional staking growing and ETH co-founder Joseph Lubin eyeing 100x potential.
đ„ Short-term pain or the setup for ETHâs next massive run?
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