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3,182.42
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ETF Shock โ $75.2M Outflow in a Single Day!
Ethereum took another hit on the ETF front yesterday, with a massive $75.2M outflow, all attributed to BlackRock dumping their full allocation. ๐ณ
This continues a trend of consistent ETH ETF weakness, signaling waning institutional appetite, shaky confidence in near-term price stability, or a rotation out of ETH exposure. ๐
When the biggest players trim positions this aggressively, the market definitely feels it.
The key question now:
Is this just portfolio rebalancingโฆ or the start of a deeper institutional unwind? ๐๐ญ
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