๐ Ethereum ETF Outflow Update
Yesterday, $ETH ETFs recorded net outflows of $79.4M ๐ด, highlighting continued investor caution. Notably, BlackRock sold ~$58.9M in Ethereum, making it the largest contributor to the outflow.
ETF flows are key signals for institutional sentiment โ high outflows often coincide with short-term price pressure. Traders and investors should watch these trends alongside market support levels for potential opportunities.
#Ethereum #ETH #CryptoMarket #institutionaltrading

ETH
1,930.71
-2.54%