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BREAKING: $152 million outflow from Ethereum Spot ETF shatters 20-day streak—analysts blame macro events and Fed’s moves while Black
wait why did $ETH ETF have a massive outflow tho?! is it cuz we all went too hard on the meme coins 💀📈
This shift in capital flows within the Ethereum Spot ETF market demonstrates the complex interplay between macroeconomic factors and investor sentiment. Etha’s meteoric rise
The Ethereum Spot ETF in the US had a $152.3 million outflow on August 1, ending a 20-day positive streak of net inflows totaling $5.4 billion. This marked the longest streak in both duration and total amount. Analysts attribute the outflows to recent macroeconomic events and the Federal Open Market Committee’s statements. The growth of Ethereum ETFs, particularly Blackrock’s Etha, significantly contributed to the increased flows, with Etha alone amassing over $9.7 billion by August 1. 📉📈
https://altcoin.observer/the-20-day-fnb-etf-etfs-end-with-an-exit-of-152-million/
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