On October 20, the (ETF) spot exchange funds of Ethereum recorded a net capital outflow of 146 million USD, marking three consecutive days of capital withdrawal. This reflects the cautious sentiment of investors in the face of strong fluctuations in the cryptocurrency market.
Many people may be taking profits or reallocating their portfolios after the recent price fluctuations. Meanwhile, Bitcoin ETF also recorded a net outflow of 40.47 million USD, extending a four-day streak of continuous outflows.
The simultaneous withdrawal of capital from both types of ETFs reflects a short-term change in market sentiment, possibly due to concerns about macroeconomic factors, liquidity, or upcoming regulatory policies. However, experts believe that long-term institutional capital remains stable and may return when the market stabilizes.
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The ETF market continues to see outflows: Ethereum loses 146 million USD, Bitcoin experiences a 4-day consecutive withdrawal.
On October 20, the (ETF) spot exchange funds of Ethereum recorded a net capital outflow of 146 million USD, marking three consecutive days of capital withdrawal. This reflects the cautious sentiment of investors in the face of strong fluctuations in the cryptocurrency market.
Many people may be taking profits or reallocating their portfolios after the recent price fluctuations. Meanwhile, Bitcoin ETF also recorded a net outflow of 40.47 million USD, extending a four-day streak of continuous outflows.
The simultaneous withdrawal of capital from both types of ETFs reflects a short-term change in market sentiment, possibly due to concerns about macroeconomic factors, liquidity, or upcoming regulatory policies. However, experts believe that long-term institutional capital remains stable and may return when the market stabilizes.