Ether ETF flows flipped hard in October: $924.5M out the door between Oct 1 and 16, more than wiping out September's $825.3M of inflows, with redemptions in 11 of 12 sessions. Bitcoin products bled $614.7M over the same stretch but kept most of their $2.65B September intake. That gap is the read: institutional demand for $ETH is being withdrawn while BTC allocations are trimmed at the margin. Flows like this tend to persist once they start, so ETH's relative weakness looks structural until the redemptions actually slow.
Peter -CTShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.