📊【Market Dynamics】Lookonchain monitoring data shows that there was a net outflow of US Ethereum and Bitcoin ETFs on August 30:

1️⃣ Nine US Ethereum ETFs had a total net outflow of 1,750 ETH, equivalent to approximately US$4.29 million. Among them, Grayscale ETHE outflowed 1,646 ETH, and currently holds 1,809,604 ETH, worth approximately US$4.44 billion.

2️⃣ Ten US Bitcoin ETFs had a total net outflow of 1,193 BTC, equivalent to approximately US$69.39 million. Among them, Fidelity outflowed 525 BTC, and currently holds 178,569 BTC, worth approximately US$10.38 billion.

What impact do you think this will have on the market? Feel free to share your thoughts in the comments section! 💬